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NEWS
Law360: Broking giant Aon Plc said on 7 August 2024 that it was concerned about the lack of public disclosure requirements on offshore risk-sharing contracts, ahead of new regulation for life insurers due to come into force later this year.
NEWS
Law360, London: Aon UK Ltd can pursue its claim against Howden Group Holdings Ltd related to alleged staff poaching from Aon's Brazilian insurance business, after a ruling on 14 March 2025 that English courts have jurisdiction.
NEWS
Aon plc has announced that they expect a boost to the UK pension scheme risk settlement market in the latter half of 2024. The announcement follows the publication of annual returns by insurers which shows solvency levels remain strong and sufficient room to support new business.
NEWS
Law360, London: Aon plc cleared the path for regulatory approval in Europe of its $US 30bn merger with Willis Towers Watson on 12 May 2021, proposing the sale of a key business unit to Arthur J Gallagher & Co for $US 3.57bn.
NEWS
Law360, London: Global professional services firm Aon PLC has unveiled a US$357m insurance programme in collaboration with the US International Development Finance Corp (DFC) to support economic recovery in Ukraine.
PRACTICE NOTES
CASE HUB ARCHIVED—this archived case hub reflects the position at the date of the decision of 9 July 2021; it is no longer maintained. See further, timeline. Case facts Outline European Commission merger investigation into the proposed acquisition by Aon plc of Willis Towers Watson (M.9829). The proposed transaction involves horizontal overlaps in the market for the supply of commercial brokerage services. Latest developments On 9 July 2021, the Commission cleared the transaction subject to commitments.To address the Commission’s concerns, Aon’s offered a substantial package of remedies, including the divestment of central parts of Willis Trowers Watson’s business to the international brokerage company Arthur J. Gallagher and to divest to a suitable purchaser Aon's entire German retirement benefits consulting and pension administration businesses, as well as Aon's German investment solutions business. Parties • Aon plc (Aon): Aon is a publicly traded company domiciled in Ireland, headquartered in London and listed on the New York Stock Exchange. It is a global professional services firm active worldwide in more than 120 countries. Its business is divided
NEWS
Law360, London: Businesses could see rapid changes to their insurance as underwriters react to the wider economic effects of the conflict in the Middle East, Aon Plc warned on 5 May 2026.
NEWS
Law360: Aon Plc and Marsh McLennan on 8 September 2024 called for the reinsurance sector to lift its moratorium on Ukraine-related risks, saying that blanket policy exclusions were undermining the war-torn country's economic recovery.
NEWS
Energy analysis: This case concerned disputes as to the amount of security to be provided under bilateral decommissioning security agreements (BDSAs) executed as part of the purchase in 2011 by Apache from Esso of Mobil North Sea LLC (MNSL). The court’s decision raises potential issues regarding the interpretation of the Petroleum Act 1998 (PA 1998) with regards to decommissioning liability. The court was required to determine whether Esso might be called upon under the PA 1998 to decommission certain wells, drilled after the sale of MNSL, and therefore whether security should be given in relation to those wells. The court found that in order to be covered by a PA 1998, s 29 notice, the wells needed to fall within the definition of an offshore installation which ‘is or has been maintained or is intended to be established’. Since there had been no intention to drill these wells at the time of the section 29 notice, the notice did not cover them and therefore security did not need to cover them. Written by Judith Aldersey-Williams, partner (Aberdeen) at CMS.
Q&As
Joint Ownership If a person wishes to sell a property against the wishes of another co-owner, that person can apply to court for an order for sale if they are a tenant in common. A common example of this would be during the breakdown of a relationship, divorce, or inheritance. One party could bring their claim under the Trusts of Land and Appointment of Trustees Act 1996 (TOLATA 1996). Severance It should be remembered that where a property has been purchased
PRACTICE NOTES
CASE HUB ARCHIVED–this archived case hub reflects the position at the date of the withdrawal of the notification on 21 December 2018; it is no longer maintained. See further: timeline. Case facts Outline European Commission merger investigation into the proposed acquisition of VDM by Aperam (Case M.8907). The transaction involves horizontal overlaps in the production of nickel alloy products. Latest developments On 21 December 2018, Aperam announced that it had terminated the SPA with Lindsay Goldberg to acquire VDM and abandoned the transaction in view of the Commission’s objections to the transaction. The notification to the Commission was withdrawn on the same day. Parties Aperam (Luxembourg) is a manufacturer of stainless, electrical and specialty steel, with customers in over 40 countries,
NEWS
Law360: Apollo Global Management said 4 June 2024 it's heading up an US$11bn investment to acquire a 49% interest in a joint venture with Intel Corp related to Intel's Fab 34 chip factory in Leixip, Ireland.