Aon

Aon’s acquisition of Willis is geared to deliver growth through innovation, as it downplayed scale and financial benefits.

Combined reinsurance revenues would reach $2.3bn, outstripping Guy Carpenter.

The acquirer will pay a 16.2 percent premium, with Willis chief Haley becoming executive chairman at the combined $80bn broker.

A second takeover run by Greg Case’s broker would come as the target contemplates its CEO succession.

The takeover could win Aon business that was lost after MMC’s purchase of JLT and cut Willis’ expenses.

Co-president O’Connor to exit, with Bruno taking additional role as COO.

Brokers fired on all cylinders as the group outpaced historical averages on all key performance metrics, largely driven by P&C operations, but the sailing has not been equally smooth for everyone.

The probe was initially launched after a woman alleged she was fired for complaining about sexual harassment.

Lloyd’s has appointed the veteran broker with immediate effect.

The deal is expected to help the broking giant expand its cyber coverage options as hack-related claims increase.

The figures reflect expectations that sponsors will return to the ILS market to seek cover as rates stabilise.

On Friday Aon reported earnings with its highest organic growth in 15-years . The blowout report gave a point of contrast on two roads that diverged in large-cap broking.