Aon
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Largest insureds scale back on purchasing in response to tough casualty pricing. -
The European Commission sets a provisional deadline of 21 December for the review.
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Purchasing the analytics firm will help Willis meet growing demand for climate change services.
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The scheme will be expanded to six new US cities, including Houston, Minneapolis and Philadelphia.
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Over 10,000 structures have been destroyed in California alone, Aon said.
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Aon's numbers from this quarter provide a useful update on the current market hardening in just three points.
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The broker had already reversed the 20% pay cut that was introduced for the majority of employees.
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Aon's results provide insight into what a more drawn-out pandemic/recession could mean for the brokers.
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The appointment of an additional board member satisfies a condition of the Aon-Willis merger agreement.
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The CEO says a large proportion of the broker’s discretionary business occurs in the final quarter.
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Organic expansion of 13% in reinsurance was offset by declines in retirement solutions and data and analytics.
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Before her role in investor relations at Athene, Lee held roles at Barclays and BMO Capital.
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