Articles - Towers Watson increases stake in Fifth Quadrant to 51%


 Towers Watson has increased its shareholding in Fifth Quadrant, the independent South African actuarial and employee benefits consultancy, to 51% in line with a definitive agreement reached in March 2011. The companies first agreed to a strategic alliance in June 2008.

 Ant Lester, founding Managing Director of Fifth Quadrant said: "Over the years our relationship with Towers Watson has significantly enhanced the service we can provide to clients, including global companies with operations in southern Africa, as well as enabling us to advise southern African firms on global best practice. This is a further definitive step in that relationship and we look forward to joining the Towers Watson family and their greater involvement in the development of our business in the future."

 Paul Morris, Regional Manager, EMEA for Towers Watson said: "We are delighted to have reached this stage in our relationship with Fifth Quadrant as it cements an already excellent strategic fit with the two companies sharing similar values of innovation, commitment to clients and collaborative working."
  

Back to Index


Similar News to this Story

Mean Reversion in Equities
A common argument in favour of equity investments is that, even though they go down, they will bounce right back up again. Commentators may advise “
How to get the most out of your insurance consultant
More than half of UK life insurance companies (59%) will spend more on actuarial consultants in the next year. This is one of the key findings of our
Video of what a cyber attack looks like in the real world
Hackers and their scams live behind keyboards. Invisible and faceless. Hiscox show how it would look ff cyber crime happened in the physical world, th

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.