WTW
-
With a sale of the remedy assets to AJG not yet agreed, the firms will have to choose their words carefully this week. -
Net income leapt by 140% whilst margins expanded across all business segments.
-
European regulators are not expected to demand additional concessions of the deal partners.
-
EC documents do not give details of individuals, but said the ringfenced team ranges in seniority.
-
The ACCC had initially said it would wrap up its investigation into the competitive implications of the merger by May 27.
-
The larger broker says it lost more than $6.5mn in revenue after leaders “solicited” colleagues and clients.
-
With around 50 members of staff across the business, the divestiture is not expected to significantly alter the competitive landscape.
-
The US regulator has proposed Willis sells its San Francisco and Houston CRB businesses, and its Bermudian insurance broking arm.
-
The broker aims to cut emissions by at least half by 2030.
-
The hires come amid an exodus of talent from Willis to corporate broking rivals.
-
The number four broker is seeking to acquire both Willis Re and the European insurance broking businesses.
-
The move follows the brokers’ submission of a remedies package last week to allay competition concerns.
Related
-
US commercial rate rises continue on downward trend: WTW
June 10, 2025 -
Marsh sues WTW over alleged aviation team raid
May 09, 2025