WTW
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The broker aims to cut emissions by at least half by 2030. -
The number four broker is seeking to acquire both Willis Re and the European insurance broking businesses.
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The account is the largest manufacturer’s account in the aviation market and is currently brokered by Willis.
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The move follows the brokers’ submission of a remedies package last week to allay competition concerns.
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A New York court has ruled that the names of two clients who are friends with a broker who has left Willis Re to join rivals TigerRisk can be published.
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Further details of the proposed remedies to the European Commission are revealed.
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The move follows Willis’ explorations of sales of Willis Re and European units.
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The Competition and Consumer Commission of Singapore launches a public consultation over the proposed merger deal.
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The potential sale of Willis Re to AJG would push Gallagher Re into the big leagues – but make little impact on the wider market.
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Capacity above a certain limit remains unavailable, with coal and oil sands industries affected especially.
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Offshore construction business can attract rates of up to 75%, compared with 5% rises in exploration and production.
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The resignation comes as Willis moves towards completion of the mega merger with rival Aon.
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