Lloyd’s insurer Jubilee reviews growth options

Lloyd’s of London insurer Jubilee Group became the focus of M&A speculation yesterday after admitting it had appointed Jardine Lloyd Thompson Advisory to review its business. A Jubilee spokesman said JLT was “looking at a number of options to facilitate future growth.” He would not comment on speculation that a number of firms, including independent insurer Canopius, had approached JLT about acquiring privately-owned Jubilee . “We have a very strong Lloyd’s platform and remain committed to strengthening and developing the business,” he said.