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"I am confident that with the addition of the talented colleagues of JLT, Marsh & McLennan will be an even stronger and more dynamic company," Dan Glasser, president and CEO of Marsh & McLennan, said in a statement. ( More M&A activity in the insurance industry. (Photo: Marsh & McLennan)

The merger and acquisition activity in the insurance industry continues well into 2018 with the latest announcement from Marsh & McLennan Companies Inc. The company announced today that it has reached an agreement to acquire Jardine Lloyd Thompson (JLT) Group plc. The transaction has been approved by the boards of directors of each company.

Related: The Hartford enters definitive agreement to acquire Navigators Group

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected]

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