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Aon's EU concessions for $30 billion Willis bid may not be enough: sources


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FILE PHOTO: FILE PHOTO: An office building with the Aon logo is seen amid the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott/File Photo/File Photo
BRUSSELS (Reuters) - Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance arm may not be enough to address EU competition concerns, people familiar with the matter said on Tuesday.
Aon is looking to the acquisition to create the world’s largest insurance broker ahead of Marsh & McLennan Companies Inc as the industry grapples with rising claims and new challenges from the COVID-19 pandemic and climate change. ....

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European Commission pushes back deadline for Aon/WTW merger decision to July


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An in-depth review into the $30bn (£22bn) merger was opened in December, with a decision initially due to be made by 10 May.
That deadline has now been shifted to 12 July, following Aon’s submission
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Second COVID wave postpones firms' reopening plans; transition to office plan to be slow, staggered: Experts


Second COVID wave postpones firms reopening plans; transition to office plan to be slow, staggered: Experts
Synopsis
Corporate India s return to office plan is likely to be staggered as the pandemic will continue to provide challenges. In a bid to ensure continuity and productive output, companies will have to provide convenient locations, latest technology and allow flexibility in tandem with evolving circumstances, they said.
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In the new future of work, hybrid is a new reality that is now strongly embedded and here to stay
The second COVID-19 wave has postponed corporate India s reopening plans for now, and distributed workforces or hybrid working will be the new normal as businesses seek to reduce risk and benefit from remote working, experts said. ....

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Webinar: Insurance in the digital age – transforming claims processing with AI-driven automation


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In a recent survey of UK financial services companies, 80% of respondents found that their systems were not fully integrated and they had an average of nine different content management systems in
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