JLT Re announces HWS purchase, excluding Harman Kemp US arm
As revealed by Reinsurance magazine on 21st May , broker JLT has acquired HWS Holdings, with two of it two Lloyd’s Broker subsidiaries Harman Wicks & Swayne, the London based reinsurance broker, and Harman Wicks & Swayne International.
However, Reinsurance has learned that the deal does not include the US-focused binder and scheme business broker, Harman Kemp North America, which is responsible for 29% of group income.
JLT said HWS
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