mergers & acquisitions

Moody’s Corporation has agreed to acquire one of the insurance and reinsurance market’s leading catastrophe risk modelling firms, RMS, for a reported price of US $2 billion, in a deal expected to close later this year.

Willis Towers Watson (WTW) continues to consider strategic options for the future of its reinsurance broking business Willis Re, the firm’s CEO John Haley explained just now.

Arthur J. Gallagher (Gallagher) will continue to pursue its strategy of adding incremental acquisition opportunities as a way to grow its business, despite the Aon – Willis Towers Watson (WTW) deal collapse which has removed a potentially transformational deal opportunity from Gallagher’s reach.

Broker Aon has reset its Executive Committee following the collapse of its acquisition of rival insurance and reinsurance broker Willis Towers Watson (WTW).

Aon’s CEO Greg Case has called the US Department of Justice “out of step” with the rest of the world’s regulatory regimes, while the Attorney General said that the collapse of Aon’s attempt to acquire rival insurance and reinsurance broker Willis Towers Watson (WTW) was a “victory” for competition and American business.

As Aon’s $30 billion acquisition of rival Willis Towers Watson (WTW) has now collapsed, it leads to questions over how damaging the prolonged merger process may actually have been and whether that presents an opportunity to Gallagher (AJG)?

Big news in the insurance and reinsurance broking world as Aon and Willis Towers Watson (WTW) said they have terminated their combination, or merger agreement, effectively cancelling Aon’s acquisition plans to become the largest player in the market.

Insurance and reinsurance broking giant Aon has proposed to divest further units, assets and also clients of its acquisition target Willis Towers Watson (WTW) to the New Zealand Commerce Commission.

One of the insurance and reinsurance market’s leading catastrophe risk modelling firms, RMS, is being offered for sale by its owner DMGT.

In a significant step for the merger process, the European Commission has cleared insurance and reinsurance broking giant Aon’s acquisition of rival Willis Towers Watson, but with conditions attached.