Aon is nearing a deal to acquire the insurance brokerage firm USI for approximately $17 billion, according to reports. KKR, a private-equity giant, has held ownership of USI since 2017.
Details of the potential transaction are still emerging, but the agreement, if finalized, would represent a significant move in the insurance brokerage sector. USI is a substantial player in the industry, and its acquisition by Aon would likely reshape market dynamics.
KKR's investment in USI began in 2017, and the firm has overseen its growth and operations since then. The potential sale comes after years of private ownership under KKR.