WTW

This week, we revealed that Aon/Willis Towers Watson are looking to separately divest a block of Willis' European businesses and Willis Re, as they work to get their mega merger approved by regulators in the face of competition concerns.

It is understood that the ~$300mn fac business will be packaged along with the treaty unit.

The broker’s international chairman noted shifting attachment points on wind deals and reshaped aggregate covers.

The largest of the businesses, Gras Savoye, has been seen as one of the jewels in the crown at Willis.

The potential disposal may help to alleviate competition concerns within the French market.

The Aon president said insureds will begin to “test” carriers and brokers on price.

The tally so far comes in far below the broker’s year-ago estimate of $80bn for a twelve-month lockdown.

Plus the latest executives on the move and all the top news from the week.

William Monat launched the broker’s transactional risk unit in Chicago and previously led two MGAs in the space.

According to the Capitol Forum, antitrust regulators will consider the deal's impact on the world’s fourth largest insurance broker AJ Gallagher

The broker adds a mandate worth $10mn in premium after its Bristow Helicopter win.

Reinsurance is one of the areas of the combination that is drawing heightened regulatory scrutiny.