In terms of regulation 5(4) of the Control of Concentrations Regulations, 2002 published in Legal Notice 294 of 2002, the Director General of the Office for Competition notifies for general information that a notification of a concentration between Arthur J. Gallagher & Co. (Illinois, US) and Willis Towers Watson Public Limited Company (Dublin, Ireland) was filed on Tuesday, 24 August 2021.
The nature of the concentration is an acquisition of sole control by Arthur J. Gallagher & Co of Willis Towers Watson Public Limited Company’s treaty reinsurance business.
Arthur J. Gallagher & Co. is a global professional services firm providing insurance and reinsurance brokerage, risk management, and consulting services. It is present, primarily, in the US, and also in the UK, Australia, Canada, New Zealand and Bermuda. Willis Towers Watson Public Limited Company is also a global professional services firm active in human capital and benefits (which provides broking, solutions and software for employee benefit plans, human resources organisations and management teams); corporate risk and broking; investment, risk and reinsurance (which provides investment consulting and discretionary management services and insurance-specific services and solutions); and benefits delivery and administration (which provides primary medical and ancillary benefit exchange and outsourcing services to active employees and retirees).
The Director General of the Office for Competition invites interested third parties to submit their written objections on this notified concentration within seven days following publication of this notice at the following address: