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The merger is on track to close in H2 2025, CEO Pat Gallagher said.
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The number has expanded by around 40% from an earlier update, sources said.
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Saul Nagus is the latest from Marsh’s aviation unit to join WTW.
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The modeller said the insurance market could be exposed to unexpected aggregations.
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In Partnership With MarkelInsurers could face a “heightened claims exposure” due to increased regulation scrutiny on the fintech industry, including buy now pay later schemes, AI and crypto, said Nick Rugg, Head of Fintech and Investment Management Insurance for Markel International.
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A roundup of all the news you need, including Willis’ burgeoning aviation unit.
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The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
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The increased tariff on China trade could drive up the loss quantum on the SharkNinja recall and others.
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Jim Meakins is the latest in a slew of talent to exit from the syndicate.
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Robert Vetch joined the Lloyd’s business as CFO in 2019.
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BP Marsh has subscribed for a 49% shareholding in the start-up MGA.
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The PE firm’s Aaron Cohen said full integration of broking assets is crucial.