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Fitch upgrades Marsh & McLennan, affirms Willis Towers Watson, Aon

SNL European Financials Daily, 2018-04

Copyright SNL Financial LC Apr 09, 2018 ;EISSN: 2156-5392

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  • Title:
    Fitch upgrades Marsh & McLennan, affirms Willis Towers Watson, Aon
  • Author: Grewal, Ramanvir
  • Subjects: Acquisitions & mergers ; Balance sheets ; Bond ratings ; Cash flow ; Financial leverage
  • Is Part Of: SNL European Financials Daily, 2018-04
  • Description: The agency's affirmation of Willis Towers Watson reflects the company's "top-tier competitive position, improving financial leverage and expanding margins" through merger synergies and strong generation of cash flow, Fitch said. Additionally, the agency's affirmation of Aon reflects the company's "continued favorable competitive position, solid balance sheet and cash flow generation, and very good financial flexibility," which is partially offset by "moderate" financial leverage, Fitch said.
  • Publisher: Charlottesville: SNL Financial LC
  • Language: English
  • Identifier: EISSN: 2156-5392
  • Source: AUTh Library subscriptions: ProQuest Central
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