The firm has seen profits fall due to the rise of the Swiss franc.

The firm currently services the oil and gas industry, but sees offshore wind as an opportunity to expand.

As a result, some small actuarial firms saw a competitive opportunity.

The firm also saw a 50 percent increase in revenues from its investment banking operations.

But, he said, the two firms quickly saw that they would be able to achieve "substantial savings" from a combination.

When other firms see the high margins available in the industry, they will quickly enter.

He added that his firm has also seen interest from the Manhattan office community.

Nevertheless, he added, his firm is now seeing cases of sticker shock.

The firm has seen 45 percent international revenue growth in the 2011-2012 financial year.

Few firms see going it alone as an option.