Willis Group, Towers Watson Agree to Merger

June 30, 2015

  • June 30, 2015 at 9:26 am
    Agent says:
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    Hidden due to low comment rating. Click here to see.

    • June 30, 2015 at 10:30 am
      Actuary says:
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      Ummm…. yeah, an Actuary is likely to be the one publishing optimistic revenue estimates….

      • June 30, 2015 at 11:05 am
        Agent says:
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        Optimistically $900 million off I would say.

        • June 30, 2015 at 1:51 pm
          Actuary says:
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          Yup. Projecting revenue optimistically ~10% too high. Sounds like an Agent.

    • June 30, 2015 at 10:43 am
      Rosenblatt says:
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      The paragraph following the numbers you posted answers your question, sir.

      “…the combination is expected to result in $100-125 million in cost savings within three years of closing, primarily related to the elimination of duplicate costs and economies of scale, in addition to increased efficiencies [sic]”

      • June 30, 2015 at 8:07 pm
        Yogi Polar Berra says:
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        I could see profits increasing. But the two “A’s were discussing revenues.

        Yes, increased efficiency could increase revenues. But if that were true, why wouldn’t all brokers merge into a single, most efficient broker – with ALL insurance and reinsurance revenues increasing (beyond the total insurance market volume)? I hope you see the fallacy in the premise. Hint: the insurance market has a theoretical maximum total premium… which shouldn’t rise due to increased broker efficiency.

    • June 30, 2015 at 1:42 pm
      reality bites says:
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      Sinnergee. Pure and simpel.

  • July 1, 2015 at 6:45 pm
    Mary says:
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    Well this will be interesting – did not see it coming.

  • July 2, 2015 at 10:00 am
    Some Guy says:
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    Towers and Willis merge. Ace buys Chubb. I wonder who would buy or merge with Aon…Pee Wee Herman?



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