WTW
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Reserves in scope have not been finalised, but sources estimated the figure to be in the low hundreds of millions of dollars.
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Alexander Van Gorden has joined the broker from Guidewire Software.
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The partnership aims improve infectious disease risk transfer and mitigation.
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Staff on the scheme will be paid 25% on closing, with the rest paid 12 or 18 months later.
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The combination secures support from major proxy advisers two weeks ahead of shareholder votes.
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Response also rebuffs complaints over Goldman Sachs conflict disclosures.
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The investment bank will sell P&C insurance policies alongside existing life and protection products.
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The broker believes it will be able to proceed with the deal without having to divest any businesses.
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Although Thursday's broker reports beat consensus expectations on most of the key performance metrics from the top to bottom line, the positive “surprises” were hardly surprising
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The broking chief says the pandemic buttresses the case for its takeover by Aon.
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The broker beats earnings forecasts, and reports increased profit margins within its two insurance businesses.
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Aon warns that complying with “second requests” in the US merger review process can take a while.