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Analyst highlights investor jitters over $4.9bn Aon-Hewitt tie-up
Following a tumble in Aon's share price during US trading yesterday (12 July), as investors digested the implications of its expansive acquisition of Hewitt Associates, an Atlantic Equities analyst has expressed concern
13 July 2010
Xchanging expands in Middle East
Processing giant Xchanging has signed a two-year outsourcing contract with Saudi Development and Training Company (SDT), the latest in a series of moves to grow its footprint.
13 July 2010
RBSI prepares for multi-billion pound restructuring
The UK's largest motor insurer, Royal Bank of Scotland Insurance (RBSI), is preparing for a multi-billion pound corporate restructuring in advance of a sale process likely to take place in 2012.
12 July 2010
People moves
Partner reshuffle after Benchimol departure;
12 July 2010
News in brief
London calling for Heath Lambert;
12 July 2010
Merged Cooper-Swett to domicile in UK
The new $3.5bn-premium international broker created by last week's merger between Cooper Gay and Swett & Crawford will domicile its holding company in the UK, The Insurance Insider has learnt.
12 July 2010
Aon leapfrogs MMC following $4.9bn consultancy deal
The rivalry between Aon and Marsh stepped up a gear today following the news that Aon Consulting will merge with its larger competitor Hewitt Associates to create a $4.3bn revenue global human resources (HR) consulting giant.
12 July 2010
Goldman Sachs takes £1.3bn BA longevity exposures
Longevity swap volumes have reached £4.3bn this year, after Goldman Sachs subsidiary Rothesay Life signed up to insure £1.3bn of pension liabilities for a British Airways (BA) defined benefit scheme.
12 July 2010
Axa motors through fourth bond issue
French insurance giant Axa has re-approached the capital markets with its fourth motor insurance securitisation, issuing EUR97.9mn in the latest Series D notes from its Sparc Europe shelf facility.
12 July 2010
Scor targets longevity risk market
French firm Scor has joined the list of reinsurers targeting the emerging market for longevity risk swaps, as pension funds face up to uncertainties around life expectancy data.
12 July 2010
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