Willis Towers Watson and Aon PLC

Selected news for the company - Willis Towers Watson, and the company - Aon PLC. We have 102 shared news items for this connection to-date.

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12/8/2021 MGAs and Insurance Brokers Market Touching A New Level | Aviva, Brown & Brown, Aon ... Aon PLC & Willis Towers Watson PLC.If you are a MGAs and Insurance Brokers manufacturer and would like to check or understand policy and regulatory proposal, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends.Click To get SAMPLE PDF (Including Full TOC, Table & Figures) https://www.htfmarketreport.com/sample-report/3175850-global-mgas-and ...
10/9/2021 Justice Department Makes Quiet Push on Antitrust Enforcement - WSJ The Wall Street Journal WASHINGTON‚AiThe Justice Department has been quietly ramping up antitrust enforcement under the Biden administration, despite not having a politically confirmed official to serve as antitrust chief.The department shares antitrust authority with the Federal Trade Commission, whose new liberal leadership has drawn much of the early spotlight. Yet in recent months the DOJ has blocked a major insurance-industry merger between Aon PLC and rival Willis Towers Watson PLC ...
8/30/2021 Willis Towers Watson Names New CFO as It Rebuilds Leadership Team - WSJ The Wall Street Journal Willis Towers Watson PLC rehired a former executive to be its finance chief as the insurance broker works to chart a new path after its merger with rival Aon PLC fell apart due to antitrust concerns.The company‚Aiwhich offers property and casualty insurance, health and benefits programs and other services‚Aisaid Monday that it named Andrew Krasner as its new chief financial officer.Willis Towers Watson named Andrew Krasner ...
8/25/2021 Willis agrees to buy Israeli broker | Business Insurance Willis Towers Watson PLC said Wednesday it has entered an initial, non-binding agreement to acquire Leaderim, an insurance broking and consultancy business in Israel. Financial terms were not disclosed. Leaderim, with 45 employees, has ... forward after the collapse of its merger with rival brokerage Aon PLC. Willis and Leaderim have signed heads of terms and will now move toward completing the acquisition, Willis said. ‚AuAny transaction would be subject ...
8/13/2021 Willis Towers Watson to Sell Willis Re to Gallagher for Initial $3.25B Consideration - MarketWatch MarketWatch By Dave SebastianWillis Towers Watson PLC has agreed to sell Willis Re, its treaty reinsurance brokerage operations, to Arthur J. Gallagher & Co. for an initial cash consideration of $3.25 billion, the companies said.The deal also includes an earnout payable in 2025 of up to $750 million in cash, the companies said Friday. Willis Towers made the move after scrapping its roughly $30 billion tie-up with Aon PLC ...
8/12/2021 Beecher Carlson hires two former Willis executives | Business Insurance Beecher Carlson Insurance Services LLC, a unit of Brown & Brown Inc., said Thursday it has hired two former Willis Towers Watson PLC executives as senior managing directors for its energy practice. Danny Seagraves, formerly a ... will report to Beecher Carlson CEO Joe Siech. On Wednesday, Aon PLC announced that former Willis Towers Watson PLC broking chief Joe Peiser will join the brokerage as commercial risk leader for North America. Beecher ...
8/6/2021 Marsh hires Willis execs to run new practice | Business Insurance Marsh LLC announced Friday that it has recruited former Willis Towers Watson PLC executives John Atkinson and Michael Pokora to lead a newly formed senior housing and long-term care practice for the United States ... practice group. Elizabeth Olsson, formerly a senior vice president at Aon PLC, has joined Marsh LLC. Former Aon exec joins Marsh as senior VP Marsh McLennan reports higher revenue, recruitment increase 1. Aon reorganizes leadership ...
8/5/2021 Proposed $30 Billion Merger Between Aon And Willis Towers Watson Collapses Under Increased Pressure From The Department Of Justice On July 26, 2021, Aon PLC (‚AuAon‚Au) and Willis Towers Watson PLC (‚AuWTW‚Au) announced the termination of a $30 billion proposed merger, citing an ‚Auimpasse‚Au with the Antitrust Division of the U.S. Department of Justice (‚AuDOJ‚Au). The announcement comes only a few weeks after the European Commission conditionally approved the merger, which would have brought together two of the ‚AuBig Three‚Au global insurance brokerages. Aon ...
8/4/2021 Willis Towers mulls sale of reinsurance unit after halting merger Yahoo News By Alwyn ScottNEW YORK, Aug 3 (Reuters) - Insurance broker Willis Towers Watson PLC said on Tuesday it is weighing strategic alternatives for its reinsurance unit, Willis Re, days after a planned sale to rival Arthur J. Gallagher fell through.Willis and broker Aon PLC had planned to merge to create the world's largest insurance broker, topping current leader Marsh & McLennan Companies Inc.As part of the merger, European regulators ...
8/3/2021 Sale of Willis Re Still Possible After Collapse of Aon Merger, Gallagher Deal Insurance broker Willis Towers Watson PLC said on Tuesday it is weighing strategic alternatives for its reinsurance unit, Willis Re, days after a planned sale to rival Arthur J. Gallagher fell through.Willis and broker Aon PLC had planned to merge to create the world‚Aos largest insurance broker, topping current leader Marsh & McLennan Companies Inc.As part of the merger, European regulators demanded the sale of Willis Re to ...
7/30/2021 The BI Top 10: Week of July 26, 2021 | Business Insurance This week‚Aos news has been clearly dominated by Aon PLC‚Aos scrapping of its deal to acquire rival Willis Towers Watson PLC and the aftermath of that decision. There‚Aos a good chance Aon‚Aos move could prove to be the biggest industry story of 2021. 1. Aon reorganizes leadership after scrapping Willis acquisition 2. Aon-Willis deal falls apart, leaves questions over brokers‚Ao prospects 3. NFP hires ...
7/30/2021 Aon to pay another $350 million or more in Willis deal costs | Business Insurance Aon PLC will pay $350 million to $400 million in costs related to its scrapped plan to buy rival Willis Towers Watson PLC, in addition to the $1 billion termination fee it already paid, its top financial executive said Friday. The extra expenditures relate to transaction costs, compensation expenses and further development of Aon‚Aos operating model, Christa Davies, the brokerage‚Aos chief financial officer, said on a conference call ...
7/29/2021 Gallagher reports higher revenue, more market firming | Business Insurance ... Aon PLC‚Aos decision to terminate its acquisition of Willis Towers Watson PLC. That deal had been amended to include a side agreement to sell various Willis businesses to Gallagher, in an attempt to allay antitrust concerns. Gallagher‚Aos core brokerage unit reported revenue of $1.39 billion, up 15.7%. Organic revenue increased 6.8%, which is lower than the double-digit organic growth reported by some rivals. Part of the reason ...
7/27/2021 Brown & Brown posts strong increases in revenue, profit | Business Insurance ... Aon PLC and Willis Towers Watson PLC, would create opportunities for the brokerage. ‚AuAny time you have a transaction of that size in any industry that fails to go forward there‚Aos going to be change in organizations. Some people may decide they want to be on different teams, some people may decide they want to go in different directions with different businesses,‚Au Mr. Brown told analysts on an ...
7/26/2021 Aon, Willis Towers Watson to call off $30B merger | Business Insurance Reuters) - Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U.S. Department of Justice. The deal would have put Aon ahead of the world‚Aos largest insurance broker Marsh & McLennan Cos Inc . ‚AuDespite regulatory momentum around the world, including the recent approval of our combination by the European Commission, we reached ...
7/26/2021 Aon-Willis deal falls apart, leaves questions over brokers‚Äô prospects | Business Insurance In the face of antitrust concerns, Aon PLC announced Monday it would terminate its agreement to buy rival Willis Towers Watson PLC, raising questions over which companies will benefit or suffer in the wake of the failed deal. Aon will pay a $1 billion break-up fee and lose the opportunity to leapfrog Marsh & McLennan Cos. Inc. and become the world‚Aos largest broker but will likely quickly revert to ...
7/26/2021 Insurance Brokers Aon, Willis Towers Watson Scrap $30 Billion Merger U.S. News & World Report Aon, Willis Towers Watson to Call off $30 Billion Merger FILE PHOTO: An office building with the Aon logo is seen amid the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott/File PhotoReuters (Reuters) - Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement ...
7/26/2021 Aon, Willis Towers Watson to call off $30 billion merger Reuters) ‚Ai Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U.S. Department of Justice. The deal would have put London-headquartered Aon ahead of the world‚Aos largest insurance broker Marsh & McLennan Companies Inc. ‚AuDespite regulatory momentum around the world, including the recent approval of our combination by the European ...
7/26/2021 Aon, Willis Towers Watson Scrap Roughly $30 Billion Merger - WSJ The Wall Street Journal Aon PLC and Willis Towers Watson PLC abandoned a more than $30 billion tie-up to create the world‚Aos largest insurance broker, deciding it wasn‚Aot worth pursuing in the face of Justice Department opposition to the merger.The DOJ filed a lawsuit against the deal last month, the first big test of the Biden administration‚Aos more muscular antitrust policy. The suit, filed in a federal court in ...
7/26/2021 Aon, Willis Towers Watson to call off $30 billion merger Reuters) ‚Ai Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U.S. Department of Justice. The deal would have put London-headquartered Aon ahead of the world‚Aos largest insurance broker Marsh & McLennan Companies Inc. ‚AuDespite regulatory momentum around the world, including the recent approval of our combination by the European ...
7/26/2021 Aon, Willis Towers Watson to call off $30 billion merger Reuters) ‚Ai Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U.S. Department of Justice. The deal would have put London-headquartered Aon ahead of the world‚Aos largest insurance broker Marsh & McLennan Companies Inc. ‚AuDespite regulatory momentum around the world, including the recent approval of our combination by the European ...
7/26/2021 Aon, Willis Towers Scrap Roughly $30 Billion Merger Aon PLC and Willis Towers Watson PLC said they have agreed to terminate their roughly $30 billion deal and end litigation with the Justice Department, which alleged the tie-up would lead to higher prices and reduced innovation for U.S. businesses. The deal termination follows a Justice Department lawsuit last month that came after an investigation of more than a year. The department said the insurance brokerages‚Ao combination would ...
7/26/2021 Aon, Willis Towers Watson to call off $30 billion merger Reuters) ‚Ai Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U.S. Department of Justice. The deal would have put London-headquartered Aon ahead of the world‚Aos largest insurance broker Marsh & McLennan Companies Inc. ‚AuDespite regulatory momentum around the world, including the recent approval of our combination by the European ...
7/26/2021 Aon, Willis Towers Watson to call off $30 billion merger Reuters) ‚Ai Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U.S. Department of Justice. The deal would have put London-headquartered Aon ahead of the world‚Aos largest insurance broker Marsh & McLennan Companies Inc. ‚AuDespite regulatory momentum around the world, including the recent approval of our combination by the European ...
7/26/2021 Aon, Willis Towers Watson to call off $30 billion merger Reuters) ‚Ai Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U.S. Department of Justice. The deal would have put London-headquartered Aon ahead of the world‚Aos largest insurance broker Marsh & McLennan Companies Inc. ‚AuDespite regulatory momentum around the world, including the recent approval of our combination by the European ...