Betaville has a rather fragile ego thanks to years of working at the coalface of British financial journalism.
So, I was pleased to see US insurance giant Arthur J Gallagher & Co announce it is planning to buy the remainder of London-based reinsurance broker Capsicum Re, set up by Graham "Chily" Chiltern, founder of Benfield (which was eventually sold to Aon)...
Arthur J Gallagher & Co, the US-listed insurance broking giant, is negotiations to buy privately-owned Capsicum Re for around £200 million.
People following the situation said Arthur J Gallagher & Co has been holding talks with Graham "Chily" Chilton, the veteran insurance broker and founder of Capsicum Re about buying the business outright...
For most people working in the City today was their first day back in the office and many will be pleasantly surprised by the raft of deal announcements following a couple of torrid months in equity markets.
One that caught Betaville's eye was Arthur J Gallagher's acquisition of British high-end insurance broker Stackhouse Poland...