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He launched the broker’s transactional risk unit in Chicago and previously led two MGAs in the space.

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.

The survey finds rate rises were most pronounced for excess liability and D&O business.

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

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.

United Airlines’ all-risks policy could face liability claims, while the Pratt & Whitney policy could see a partial grounding claim.

The payment last month brings to end 15 lawsuits against the broker over the collapse of the financial group in 2009.

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

Event definitions were also tightened at renewals, the broker said.