Aon

The merged entity must divest its corporate and commercial short-term insurance broking in the country, as well as offload several global businesses.

The appointments come as commercial risk CEO John Cullen takes another role within Aon.

The brokers have offered to divest Willis’ largest corporate risk and broking clients to Gallagher’s Crombie Lockwood.

A spell of tornadoes, rain and hailstorms across the continent drove the loss activity.

Judge orders Marsh to stop poaching; prevents 3 top execs from working for Marsh for months amid the hiring dispute.

The competition watchdog has approved the acquisition of Willis Towers Watson by Aon if the latter complies with a ‘substantial set of commitments’, including the divestment of central parts of Willis’s business to Gallagher.

The companies say the aim of the partnership is to operate a trade credit insurance market via the Walbing platform.

The keenly anticipated antitrust showdown has now been scheduled for November 18.

Aon will have to wait until November at the earliest to argue the case in Federal Court for its $30bn merger with Willis Towers Watson.

The Commerce Commission has extended its review of the merger by another six weeks.

Austria and the Czech Republic are likely to record their most costly convective storms on record.

Marsh claimed Aon is trying to ‘flip the narrative’ from its poor management decisions and uncertain future in its response to the suit.