Aon

The news follows the agreement to sell several assets to AJ Gallagher, including Willis Re.

In its annual US cyber market study, the broker said that premiums rose by 21% and claims severity increased by 50%.

The executive also emphasized that his company’s merger was about innovation and not scale, following a series of announced divestitures.

Fast-growing retail broker NFP has added Aon financial lines executive Marc Tauber as a senior vice president in its financial institutions group (FIG), the company announced on Tuesday.

The US retirement disposals announced last week will be followed by two health unit sales as the parties seek regulatory sign-off.

The broker has offered to sell its group pharma purchasing and claims audit services in a bid to get the green light for its Willis takeover.

The deal is designed to assuage the Department of Justice’s concerns over the Aon-Willis merger.

The US government reportedly has around 20 attorneys at work in case it decides to sue to block the deal.

Brokers’ first-quarter performance was highly positive, but the real rewards are still to come.

Management should examine the relationship between company strategy, broader market cycles and short interest.

The Commerce Commission has delayed its decision for the third time.

The combination still needs sign-off from US, EC and other international authorities.