Tag: Aon-Willis deal

Aon’s Looking at Up to $1.4B in Costs Over Scrapped Willis Deal

Montreal, Quebec, CA - September 27, 2011: The Aon building in downtown Montreal. In October the company announced that US employers will spend an average of $10K per employee for healthcare in 2012. Aon is a multinational insurance and risk management corporation headquartered in Chicago, Illinois.

Insurance broker Aon Plc said on Friday it could have to expend up to $400 million in additional costs tied to the termination of its mega merger deal with Willis Towers Watson , over and above the $1 billion it was required to pay. The extra costs, which would range between $350 million and $400… Continue reading Aon’s Looking at Up to $1.4B in Costs Over Scrapped Willis Deal

Aon to Sell Its German Retirement and Investment Business to Help Secure Willis Deal

Aon see 5% growth in Q1 2024

Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced the firm has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and investment consulting business in Germany to Lane Clark & Peacock LLP (LCP). The agreement resolves questions raised… Continue reading Aon to Sell Its German Retirement and Investment Business to Help Secure Willis Deal

Aon’s $30B Willis Deal Set to Win EU Approval: Sources

insurance acquisition

Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis TowersWatson, people familiar with the matter said, clearing a key hurdle to becoming the world’s No. 1 insurance broker. The sector’s biggest-ever deal comes as insurers struggle with rising claims and new challenges brought on by the COVID-19 pandemic… Continue reading Aon’s $30B Willis Deal Set to Win EU Approval: Sources

EU Regulators Set July 27 Deadline for Aon-Willis Deal

Silhouette of business people moving and joining pieces of jigsaw puzzle on a business and stock market blue background, with charts, diagrams, world maps and data arranged on grid and tables. World maps showing continents and countries with economy data and growth diagrams. Light glowing from the center. Copy space on bottom.

European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon’s $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on Wednesday. Aon, which announced the deal a year ago to create the world’s largest insurance broker ahead of world No. 1 Marsh & McLennan Companies… Continue reading EU Regulators Set July 27 Deadline for Aon-Willis Deal