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The new deal to buy Willis Re is valued at $3.25 billion, with a $750 million earnout payable in 2025, Gallagher reported.
Research uncovered that these practices could reduce wildfire risks for some 81,000 homes near Tahoe National Forest.
Moves by the SEC regarding proper accounting of warrants are also driving premiums up for D&O coverage.
The Aon-WTW deal was the first $10 billion-plus proposal to die for regulatory reasons from Biden's tougher stance on consolidation.
Aon will pay Willis Towers Watson a $1 billion termination fee, per their business combination agreement.
News from Risk Placement Services, DigitalOwl, Pie Insurance and more.
A range of factors from Q1 2021 helped moderate global reinsurance rate increases.
While the deal is moving along in Europe, U.S. regulators could stall its momentum.
Insurance brokerage transactions contributed to 85% of deal volume for the first five months of this year, PwC reported.
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