Investment - Articles - Aon and Willis Towers Watson on US Dept of Justice action


Aon and Willis Towers Watson shared the following statement today in response to the legal action taken by the U.S. Department of Justice:

 "We disagree with the U.S. Department of Justice's action, which reflects a lack of understanding of our business, the clients we serve and the marketplaces in which we operate.

 Aon and Willis Towers Watson operate across broad, competitive areas of the economy and our proposed combination will accelerate innovation on behalf of clients creating more choice in an already dynamic and competitive marketplace. While this proposed combination was not developed with the pandemic in mind, the impact of the pandemic underscores the need to address similar systemic risks including cyber threats, climate change and the growing health and wealth gap which our combined firm will more capably address.

 We continue to make material progress with other regulators around the world and remain fully committed to the benefits of our combination.

 We are grateful to our respective colleagues for the work they have done to support our respective clients and each other throughout this process, as evidenced by the excellent performance of Aon and Willis Towers Watson since the announcement of the proposed combination."
  

Back to Index


Similar News to this Story

Comments as modest inflation fall is announced
Comments from XPS Group, Standard Life and Wealth Club as inflation falls to 2.8% ahead of the Spring Statement. Inflation falls further than expecte
Inflation akin to an over refreshed pubgoer after midnight
Sarah Coles, head of personal finance, Hargreaves Lansdown: “Like an over-refreshed pub-goer after midnight, inflation has staggered uncertainly in a
Howden to acquire Barnett Waddingham
Acquisition creates new global force in employee benefits, providing a platform for Howden to expand pension and related investment and risk services

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.