General Insurance Article - Aon agree to buy UMG from Aegon


Aon Groep Nederland today announced it has entered into an agreement to acquire Unirobe Meeùs Groep (UMG) from Aegon for EUR 295 million. The transaction is subject to works council advice and approval by the Dutch regulators, and is expected to close in the fourth quarter of 2017. No other financial details were provided.

 The acquisition encompasses the whole of Unirobe Meeùs Groep and on completion Aon will be the leading insurance broker and risk advisor in all business-to-business market segments in the Netherlands.

 Marc van Nuland, Country Manager of Aon Netherlands said: “This acquisition will drive value for clients of both UMG and Aon as we combine the knowledge and experience of UMG with Aon’s teams in the Netherlands, as well as with our global network.”
 This acquisition reinforces Aon’s position as a leading global professional services firm providing risk, retirement and health solutions and reflects the firm’s commitment to allocating capital to deliver high-value advice and solutions to meet client needs.
  

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