WTW
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Plus the implications of the X-Press Pearl sinking and all the top news from this week.
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The account move follows Airbus decision to switch to the independent broker earlier this week.
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The deal is designed to assuage the Department of Justice’s concerns over the Aon-Willis merger.
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The US government reportedly has around 20 attorneys at work in case it decides to sue to block the deal.
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The unit will be run by head of accident and health Ian Tomlin.
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The start-up broker has also won Rolls-Royce, Dassault and Embraer over the last year.
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The Commerce Commission has delayed its decision for the third time.
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The merging brokers have also agreed a two-year non-compete agreement on transferring Willis business.
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The combination still needs sign-off from US, EC and other international authorities.
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The Week in 90 Seconds: A guide to Gallagher-Willis; Florida renewal look-ahead; Two offshore lossesPlus the insurers on-risk for the Colonial Pipeline cyber attack and all the week’s top news.
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The CEO says the transaction accelerates AJG's strategy in Europe by five years.
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The $3.57bn side deal is contingent on the closing of the bigger merger, which itself needs approval from regulators including the European Commission and Department of Justice.
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