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Aon to Acquire KKR-Backed USI Insurance for $17 Billion

Published: Updated: By 24TopNews Editorial Desk

Aon, one of the world's largest corporate insurance brokers, is set to acquire USI Insurance from private equity firm KKR for approximately $17 billion (HK$133.3 billion). KKR and a consortium partner bought USI in 2017 for $4.3 billion. USI helps companies design and manage employee benefit plans.

Aon, one of the world's largest corporate insurance brokers, is nearing a deal to acquire USI Insurance, a U. S. insurance brokerage, from private equity firm KKR for approximately $17 billion (HK$133.3 billion).

KKR, together with another company, acquired USI Insurance in 2017 for $4.3 billion. USI Insurance's business involves helping companies identify and establish benefit plans.