Marsh McLennan
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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 broker books more than $100mn of transaction costs related to its soon-to-close takeover by MMC.
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Prices notched up by 2 percent in the period, the highest bump since 2012.
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At the midpoint of disclosures, this publication summarises the key trends identified by industry leaders so far.
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The big three brokers expect group organic revenue growth in the mid-single digits for 2019.
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The investor says political worries are reducing new-business approaches.
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Some top-tier commercial auto carriers stand to see market improvement, JLT says.
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Conditions may be improving for some investors after wider ILS appetite has dampened, according to the broker.
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JLT Re’s Hart will lead the new unit.
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The probe mirrors the investigation started by the UK’s FCA in 2017 which was taken over by the European Commission that same year.
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The deal is set to close later this month.