Copying and distributing are prohibited without permission of the publisher
Marsh strategy will close gap with Aon
24 November 2009
Alan Devlin, analyst for Atlantic Equities, has told Reactions that a tie-up between MMC and HSBC Insurance Brokers would help Marsh close the gap between itself and its closest rival Aon, the largest broker in the UK.
Read more:
[HSBC Insurance Brokers]
[MMC]
[Marsh]
[Aon]
Yesterday Reactions reported that insurance broker Marsh & McLennan Companies (MMC) is believed to be mulling the potential acquisition of UK-based rival HSBC Insurance Brokers. According to Alan Devlin, analyst for Atlantic Equities, the deal would help Marsh close the gap between itself and its closest rival Aon, the largest broker in the UK. HSBC's insurance brokerage operations are the ninth largest insurance broker in the UK. The Daily Telegraph has reported that Marsh McLennan could acquire HSBC's insurance brokerage unit for approximately £150 to £200m ($250 to $330m). “The acquisition would close the gap between Aon and...
You must be logged in to view this page.
If you are already a registered user please log in here.
Alternatively, you can request a free trial or subscribe. For more information contact sdexter@euromoneyplc.com or call +44 (0) 20 7779 8223.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
