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The ACCC had initially said it would wrap up its investigation into the competitive implications of the merger by May 27.
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With forward Ebitda numbers of £50mn-£60mn, the MGA could secure a valuation of potentially nearing £1bn.
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Plus in-depth analyses of the accident and health and airlines markets.
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The law firm has already this year seen a lot of PE support for startups and scale-ups both through equity and debt.
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Chubb reiterates its disappointment about The Hartford’s refusal to engage.
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Chubb offered to pay up to $70 per share for the business after its $65 offer was publicly rejected.
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With around 50 members of staff across the business, the divestiture is not expected to significantly alter the competitive landscape.
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The broker continues its European expansion with a EUR350mn-premium business.
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The US regulator has proposed Willis sells its San Francisco and Houston CRB businesses, and its Bermudian insurance broking arm.
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The target operates in lines including real estate, construction, oil and gas, financial lines and property.
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Participants in the IPO will purchase American Depository Receipts, securities linked to a Cayman Islands holding company Waterdrop Inc.
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The number four broker is seeking to acquire both Willis Re and the European insurance broking businesses.