Mergers & Acquisitions Mergers & Acquisitions

Aon-Willis merger would be detrimental to New Zealand market, local industry tells regulator

By Laurel Henning
  • 31 Jan 2021 22:30
  • 02 Feb 2021 19:25
Aon’s plan to buy rival insurance broker Willis Towers Watson in a $30 billion deal would be detrimental to New Zealand’s insurance market, industry submissions to the country’s competition watchdog say.
The New Zealand Commerce Commission had invited written submissions to its December statement of issues on the merger, which

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Laurel Henning

Senior Correspondent

Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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