Insurance broker Aon announced on Monday it will purchase rival USI Insurance Services from private equity firm KKR. The $17 billion deal, which will be funded by Aon with new debt, is anticipated to close in the fourth quarter, subject to regulatory approvals. CEO Greg Case in an appearance on CNBC’s “Squawk Box” Monday said…
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. Loren Elliott | Reuters Aon is nearing a roughly $17 billion deal, including debt, to acquire insurance brokerage USI from private-equity firm KKR, The Wall Street…
US President Donald Trump speaks during the Trump Accounts Launch Summit in Washington, DC, US, on Wednesday, Jan. 28, 2026. Valerie Plesch | Bloomberg | Getty Images The U.S. Treasury Department and IRS proposed regulations this week on how employers and employees can fund Trump Accounts, the new tax-deferred investing option for children. The proposed regulations…
People jump in the Trocadero Fountain near the Eiffel Tower during a heatwave in Paris on June 22, 2026. Julien De Rosa | Afp | Getty Images LONDON — Multiple Western European countries have spent this week grappling with record-smashing heatwaves, with red alerts issued in the U.K., France, Germany, Switzerland and Italy that warn…
The Thailand-flagged cargo ship Mayuree Naree engulfed in black smoke in the Strait of Hormuz, March 11, 2026. Reuters For companies operating in the Middle East, the difference between a covered loss and an uninsured one may come down to a single word: war. Many businesses in the region bought insurance that protects against terrorism…
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway‘s revamp of its portfolio sent certain stocks higher Monday, as investors parsed the company’s latest bets and exits disclosed in the conglomerate’s quarterly filings. The Omaha-based conglomerate disclosed its…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) ABEL OVERHAULS PORTFOLIO Notable positions cut, Alphabet more than tripled, Delta is back Berkshire Hathaway’s equity portfolio got one of its biggest renovations ever…
Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Berkshire Hathaway added a sizeable stake in Delta Air Lines, marking the conglomerate’s return to the airline industry after exiting the sector entirely during the Covid-19 pandemic in 2020. The Omaha-based company built a position…
AI data centers are becoming a “stress test” for insurers as rapid technological advancements and the use of increasingly complex financial structures present a unique set of challenges and opportunities for the sector. Global spending on data centers could reach $7 trillion by 2030, according to McKinsey, and much of that spending can no longer…
U.S. importers will be facing many hurdles trying to recover billions in tariff costs now that the Supreme Court has ruled President Donald Trump‘s International Emergency Economic Powers Act, or IEEPA, tariffs are illegal. Companies large and small may be eligible for refund payments that in total could reach hundreds of billions of dollars, but…
