from the publisher of reinsurance and fac magazines

« A bridge too far? | « Main | When the wind blows »

Substantially all

Dear friend,

Check this out for a bit of Orwellian English:

"Aon Corporation (NYSE: AOC), the leading provider of global risk management services, today announced that it has signed definitive agreements to acquire substantially all of Gallagher Re's US and UK reinsurance brokerage business"

What on earth does "substantially all" mean? This is a an oxymoron.

As I write, my new hotshot reporter, Alex Ferguson, is chasing around trying to find what this newly-acquired substance is. This is what he has so far

I bet everyone else at Gallagher Re is definitely maybe excited about moving to Devonshire Square!

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

"Welcome to the reinsurance industry’s first dedicated blog!
This is your chance to tell me exactly
what you think of my opinions and voice your thoughts on the issues driving our industry. Make sure you bookmark my blog today!"
Mark Geoghegan
..............................