Willis News – Page 3
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News
Willis Re takeover ‘on track’ – Gallagher
The transaction, which is due to close in Q4, will see Gallagher buy Willis Re for $3.25bn
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Global Risk Partners completes Willis Towers Watson Northern Ireland deal
The newly created business is ‘robust evidence’ of a successful M&A strategy, says group chief exec
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Saga scoops new pricing director from Willis Towers Watson
The new hire will be responsible for driving Saga’s strategy forward
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Chief financial officer set to return to Willis Towers Watson
Chief executive believes the new hire’s ‘strategic financial perspective’ will ‘contribute to our future success’
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Willis Tower Watson sues broker rival over ‘poaching’ for its public entity team
Alliant has appointed a number of senior vice-president positions over the summer months
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Willis Towers Watson names new chief exec
John Haley will retire as chief executive on 1 January 2022
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More insurtech M&A deals to be had – Willis Re
Following the release of Willis Towers Watson’s Quarterly Insurtech Briefing, insurtech M&A could be set to continue as the early to mid-stage pipeline remains healthy
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Gallagher reports £2.1bn revenue rise for broker segment
Gallagher’s Matson says the broker looks forward to ‘continued growth’
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Aon aborts $30bn WTW mega-merger
The broker said it had reached an ’impasse’ with the United States Department of Justice, despite progress last week regarding a potential settlement agreement
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UK car insurance premiums face biggest drop in over five years
The personal lines industry is ‘braced for one of the most turbulent times in its history’ thanks to sector-wide regulation changes
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GRP agrees to buy WTW’s Northern Ireland commercial risk and broking business
GRP’s group chief executive called the deal ‘a coup’ that will provide a ‘leading position in Northern Ireland broking’
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New Zealand’s antitrust watchdog considers Aon’s proposed divestments ahead of WTW merger
The Commerce Commission is set to deliver its decision on 20 August as to whether it will approve the acquisition
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European Commission approves Aon-WTW merger subject to divestments
The European body agrees to Aon’s proposals to sell off businesses to Gallagher in order for WTW merger to go ahead
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Singapore watchdog plans ‘further review’ of Aon-WTW merger
The statutory board fears there will be limited alternative providers available that are able to compete effectively in Singapore
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Aon-WTW merger allows for ‘combination of complementary solutions’ – GlobalData
The data and analytics firm disagrees with the US Department of Justice’s stance that the acquisition would result in higher prices, reduced quality and less competition
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US Department of Justice files lawsuit against Aon-WTW merger
Attorney general says the legal action displays the department’s ‘commitment to stopping harmful consolidation’
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The FCA’s pricing policy changes could be ‘profound’
Abolishing ‘unethical price walking’ could encourage insurers to find ‘more innovative ways’ to ‘rip off’ customers
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Gallagher agrees to acquire certain WTW combined operations
The newly revealed deal is part of the proposed regulatory remedy for the pending Aon-WTW merger
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Insurtech sector reaches mega deals ‘record high’ in Q1 2021
The top three largest rounds were Next Insurance, Coalition and Zego
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UK car insurance premiums fell by 14% in last year – WTW
Premiums are now at their cheapest since 2015, reflecting the impact of lockdown on claims
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