Aon

Willis Re executives said Aon takeover was "was not good for clients".

The broker’s index suggests cyber rates surged ahead of January 1 renewals.

John McElroy will report to Bermuda Reinsurance Solutions chairman and CEO Tony Fox.

EU antitrust regulators will warn Aon that its $30bn bid to acquire Willis Towers Watson may hurt competition in the broking marketplace, according to a Reuters report. 

The spread is currently the second-largest among pending M&A, with a target firm value of at least $5bn.

Patrick O'Neill takes over from incumbent Bill Penn, who moves to become chairman of the unit.

The broker says it has already seen a number of whistleblower and retaliation lawsuits filed against employers.

The merger may cause price increases or reduced service levels for major insurance buyers.

Our highest priority remains protecting the health, safety and wellbeing of our colleagues, said CEO Case.

Carol Stark was previously managing director of the broker’s infrastructure solutions unit.

Sources have emphasised that such pauses are a routine part of the Phase II review process.

Pure pricing data suggested the D&O market kept taking rate-on-rate in Q4, while the policy restructuring and retention data showed early signs of peaking.