Aon

Adjusted for large renewals and IPOs, the pricing index rose 7.7% in the second quarter.

Executives addressed analysts following strong Q2 results and the earlier collapse of the Willis integration.

Willis Towers Watson will not pay staff bonuses that were contingent on the completion of the Aon merger.

Plus this week’s company results and all the top news from the week.

The Q2 results update came at the end of a week in which an agreement to acquire Willis Towers Watson collapsed.

The disruption of the Aon-Willis deal breakdown could arguably create almost as much of a shake-up of the competitive landscape amongst the second-tier challenger brokers as it will for the two would-be merger partners themselves.

The committee will be responsible for seeing through the broker’s four-pronged Aon United Blueprint.

A White House press spokesperson said the deal would have led to higher costs for businesses and consumers.

CEO Case reiterated the message that the merger was pulled because of poor timing and "misunderstanding" from the DoJ.

Willis Towers Watson must act quickly and decisively to either salvage the sale of Willis Re or lock down staff.

Wells Fargo insurance analyst Elyse Greenspan said Willis Towers Watson stock “seems very inexpensive” in a note to investors on Monday.

The Illinois-based broker said it would also redeem $650mn in 10-year notes that it issued in May.