FCA aviation probe to centre on sharing of sensitive data


The Financial Conduct Authority is investigating at least four firms: Marsh, JLT, Aon and Willis Towers Watson. Officials from the body conducted an “on-site inspection” at the offices of Marsh, a spokesman for the company said. “The FCA indicated that it had reasonable grounds for suspecting that Marsh and others have been sharing competitively sensitive information within the aviation (re)insurance sector,” the spokesman added. “Marsh is cooperating fully with the FCA's ongoing investiga