Aon

The Competition and Consumer Commission of Singapore launches a public consultation over the proposed merger deal.

This week, we revealed that Aon/Willis Towers Watson are looking to separately divest a block of Willis' European businesses and Willis Re, as they work to get their mega merger approved by regulators in the face of competition concerns.

It is understood that the ~$300mn fac business will be packaged along with the treaty unit.

The move is part of a wider strategic effort by the broking goliath to quantify the value of intangible assets.

The largest of the businesses, Gras Savoye, has been seen as one of the jewels in the crown at Willis.

The potential disposal may help to alleviate competition concerns within the French market.

Market heavyweights gave their views on subjects including loss costs, M&A, InsurTech and pricing.

The broker will focus on sustainable sourcing, energy efficiency, curbing business travel and switching to renewable energy.

The Aon president said insureds will begin to “test” carriers and brokers on price.

As yet, the European Commission (EC) has not produced a formal State of Objections to Aon's proposed takeover of Willis Towers Watson following the Phase II competition probe it began in December.

According to the Capitol Form, antitrust regulators will consider the deal's impact on the world’s fourth largest insurance broker AJ Gallagher

Surprisingly, beyond the InsurTech names, changes in short interest were somewhat muted for the broader P&C sector.