M&A
Willis/Towers Watson Shareholders Embrace $8.9B Merger Deal
Shareholders from Willis Group Holdings and Towers Watson approved the planned $8.9 billion merger between both companies, setting the stage for the deal to close in early 2016. In approving the ...
Proxy Advisor Urges Towers Watson Shareholders to Reject $8.9B Willis Merger
Towers Watson & Co. shareholders should vote against an $8.9 billion merger with Willis Group Holdings Plc even after the insurance broker increased the offer amid a backlash from investors, ...
‘Westchester’ is ACE/Chubb’s Combined North America E&S Wholesale Business
ACE Limited, mapping out logistics of its planned $28 billion Chubb acquisition, will combine several divisions from both companies into a new North America excess and surplus lines wholesale ...
AIG Life Books May Be On the Block: Bloomberg Report
American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, is considering the sale of blocks of life policies, according to people familiar with ...
ACE/Chubb Merger Effort Ramps Up Exec Appointment Announcements
In the months following ACE Ltd.'s surprise July announcement that it would acquire Chubb for $28 billion, what began as a trickle is now a flood. Specifically, ACE's announcements of its post-merger ...
Willis Boosts Towers Watson Merger Offer to $8.9B
Willis Group Holdings Plc, the third-largest insurance broker, agreed to better terms for Towers Watson & Co. shareholders in a proposed merger after the consulting firm's investors said that a ...
Raised M&A Offer Possible as Willis/Towers Watson Adjourn Shareholder Merger Votes for 2 Days
Towers Watson & Co said it adjourned a shareholder meeting on Wednesday after failing to muster enough support for its $18 billion merger with insurance broker Willis Group Holdings in a move ...
Insurance Software Maker Ebix Mulls $685M Offer For U.K. Rival
Insurance software provider Ebix Inc. is contemplating a $685 million offer for U.K. rival Xchanging plc. Ebix disclosed on Nov. 16 that it sent a letter to Xchanging's board of directors outlining ...