Aon
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The $700mn Latin American fac facility is led by Travelers, and also includes Hiscox and Beazley.
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The broker had been forced to disclose “preliminary” work on a deal due to strict Irish regulations. -
The global broker is eyeing a merger of equals deal with a low to nil premium.
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US President Donald Trump and his family organisation have been Aon clients since 2009.
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The takeover would create the largest (re)insurance broking business by revenue.
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The would-be acquirer has reportedly yet to make a final decision about an offer, though the two sides have already held talks.
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People keep asking me how I think Steve McGill and John Lloyd’s start-up will do.
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The new technology will allow insurers to track risk accumulations in real time.
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Former Aon president is fundraising for the vehicle with investment bank Evercore.
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Broker stranglehold set to strengthen as regulatory headwind disperses.
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Leave clients to decide how they want to pay – it’s their money after all.
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The regulator plans to deal with the issues it has identified through the normal supervisory process.
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