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Aon to acquire broker NFP

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Magazine Issue: 
Reinsurance renewal 2024 : An upturn or just a respite? [3]
Magazine date: 
Dec 2023

AONAon has acquired NFP, a leading U.S. property-casualty broker, asset manager and retirement plan advisor.

Aon signed a definitive agreement with US funds Madison Dearborn Partners (MDP) and HPS Investment Partners on 20 December 2023, for a transaction valued at 13.4 billion USD.

Pending regulatory approval, the acquisition is expected to be finalized in mid-2024.

Doug Hammond, CEO of NFP, will continue to lead the company, and will report to Eric Andersen, President of Aon.

Read also | Top 15 insurance and reinsurance brokers [4]

Mon, 25/12/2023 - 15:29

Source URL: https://www.atlas-mag.net/en/category/regions-geographiques/monde/aon-to-acquire-broker-nfp

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-206-december-2023
[4] https://www.atlas-mag.net/en/article/top-10-brokers-in-insurance-and-reinsurance