exchanges with 60% and 95% market share for those services federal prosecutors said internal e-mails at aongrch yrks and said it would have more leverage when the willis deal closes and -- called it inadequate to protect american consumers and many american businesses rely on these particular services. the negotiations apparently were ineffective. prosecutors are ready to litigate the merger deal was announced march of last year aon stock up 15% year-to-date. willis towers watson up 12%, and seem to be rebounded in extended trading. >> thank you very much, contessa bk, i want you to help us trade this one it seems like a given after hearing those market shares that this wouldn't get through. >> yeah, an kd also, listen, they've got issues in the eu as well this is not the only play, the only front line on their battle here i'm a little bit surprised that the talks broke down because you did have both companies agree to divest certain aspects of their company to get the deal together that being said, i wouldn't touch either of these. i think, if they decide to fight it it's going to be a lon

i'll be passing over presenter privileges. >> mike clarke aon. i will look to expediently guide us through the multi-region conversation. this presentation is for the multi-region h.m.o. plan fully insured 2022 rates and contribution for the washington state northwest and hawaii region where northwest encompasses oregon and southwest washington. and again, information for your reference in the appendix i will not cover today. these plans were introduced in 2018 to enhance the medicare offerings for certain retirees living in geographies where kaiser has plans available, and so in washington state northwest region and hawaii the second plan, the kaiser plans, are available to these multi-region medicare retirees as well as the early retirees. and these are the head counts and the rate change action summary in total for 2022. expect an annual premium across the three regions. it will be about $1.2 million. unlike the counts we reviewed earlier for the early retirees, these include -- so these add up to the 64 covered lives that was referenced earli

i think the ri sktoan vaunccinatedny aone, inudcling a kid, ishigher when delta is e main ruvis theyosed to. e ma inproteconti for kids is to be surrounded by adults who are vaccinedat. btoe in an environmt enwhere eyth are not exposed to much virus,an d there is not ryve much in e thbay area rit ghw.no i am not super worried about them. i amno t worried about inbeg outse idin a car with the wiownds opened. i think if the kids are in a ace thatis poorly ntveilated , paicrtularly ifthey e ar going tobe around vaunccinated peop, lei think they should arwe a mask. i thk init is the safest thing do. really good advice, especially as we head into the fourth of july weekend. dr. bob, thank you so much, we always appreciate it. >>> the exploratory and reopens for the first time since the ndpa >>> the exploratory and has been clod sesince march of 20, but it ops enback up on frid. ay wh catan we peexct? joining usno w isthe chief sciee ncofficer. thank you for being here. very excitin g. friday iths e day. wh sathould peleop expectke y markets >> we are really excid teto reop enafter these 1

i'll be passing over presenter privileges. >> mike clarke aon. i will look to expediently guide us through the multi-region conversation. this presentation is for the multi-region h.m.o. plan fully insured 2022 rates and contribution for the washington state northwest and hawaii region where northwest encompasses oregon and southwest washington. and again, information for your reference in the appendix i will not cover today. these plans were introduced in 2018 to enhance the medicare offerings for certain retirees living in geographies where kaiser has plans available, and so in washington state northwest region and hawaii the second plan, the kaiser plans, are available to these multi-region medicare retirees as well as the early retirees. and these are the head counts and the rate change action summary in total for 2022. expect an annual premium across the three regions. it will be about $1.2 million. unlike the counts we reviewed earlier for the early retirees, these include -- so these add up to the 64 covered lives that was referenced earli

national security is not aon diversion at this is what they are paid to do.ed to get together and look at this so that something likeey this does not happen aga. even recently, the nih deleted a earlier viral sequences at the request of chinese scientists. why would they do that? actually if we had those earlier sequences that would actually potentially give some credence to the natural spillover theory. but instead, if the virus didn't leak out of that lab then why would they want them deleted it? that needs to be investigated. >> sean: they talk about vaccineti hesitancy, and then ty talk about shutdowns. they would or told that they would be protected regardless of whether the people do. joe biden, jill biden, and fully vaccinated? the delta variant has not gone up which is great news. it's still very protected even against the most circulating variance. but you have to look across the country, it's not one-size-fits-all. there are different areas of the country with low vaccine rates. i really hope we don't see horrible surges in the winter like we did ov

there you can see willis tower watson down 7% aon off 3% i will have more as the call preeds. >>> wee trading way >> a lot more stocks down than up today it has been a nagging issue. breadth eroded to some degree. a fair number of stocks falling out of their up friends but still mixed activity look at regional banks versus tech software. it has been a toggle, two ends of the see saw both up today. the volatility index spiked above 18 and then came right back down. we twitched higher but not enough to build anxiety. >> down half a percent on the st. patrick's day. an initial downs during the press conference from the pullback, but slipping a bit more into the close. down 8% on the dow and -- down .8% on the dow and a quarter on the nasdaq. [ indiscernible the ten-year ending at 1.55, having touched 1.58 at the high. gold down and oil down >> welcome back, everyone, to "closing bell. i'm sara eisen here with wilfred frost, and mike santoli, cnbc senior markets commentator, take a look at how we finished up the day on wall street dow was lower 264 points it looked worse after the initia

biden is probably succeeded in bringing the europeans a bit more together because they're very divide aon how to handle china. but we're still a long way from a strategically coherent approach with how to deal with the rising powers of the 21 century. i don't think we're there yet and that is the real test of whether this alliance of liberal democracies adding up to something substantive. >> zanny minton, beddoes, your book is called after the fall, being american in the world we made. i recommend it. it is a fascinating tour of the world and also very well written, as everything you do is. next on gps, benjamin netanyahu woke up as prime of minister of israel after 12 years. that story and what the future holds for israel when we come back. (naj) at fisher investments, our clients know we have their backs. (other money manager) how do your clients know that? (naj) because as a fiduciary, it's our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable ret

jeffrey: the words are from "notes on grief," by james' daughter chimamanda adichie, celebrated aonethe world's leading writers, author of novels such as "half of a yellow sun" and "americanah." >> culture does not make people. people make culture. jeffrey: her ted talks, we should all be feminists, and the danger of a single story, calling for an openness toward the cultures of others, have attracted millions of viewers. >> i am a storyteller. i'm a believer in stories, and in trying to talk about the things i care about, feminism, and how important it is to have a diverse sort of world, i use stories. and i think people, because there'something very universal about stories, and i think that's what maybe people respond to. jeffrey: now, the story is her own, in a deeply personal essay about losing her father last year. >> i'm only starting to realize how much of my sense of comfort in the world comes from having been raised by him and by my mother. and so in some ways, maybe what i would also like for people to get out of this is how important it is to be -- and i know this sounds r

. >>> meantime, the justice department now suing to block insurance company aon's deal to buy willisarkets. aon and willis towers says this shows a lack of understanding of their businesses, clients and markets in which they operate. but the trust busters are coming. >>> new title for microsoft ceo satya nadella is chairman of the board of the computing giant the vote by microsoft's board was unanimous. he took the title of the world's most valuable public company standing number two behind apple. shares of microsoft have risen 600% since nadella became ceo in 2014 we've said it's a credit to him but also an interesting corporate governance decision given the move away from the combination of the ceo and chairmanship roles in one person they typically have moved the opposite direction becky. >> that's right. let's get back to that story of the -- that wall street's focused on this morning. that's the new projections from the federal reserve about when they might actually raise interest rates central bankers are now indicating that rate hikes could come as soon as 2023 and fed chair j

i want to say aon the battlefield, it was asi said the lines were always moving . i tell you , i started with a political story and in what was really the end of the cold war. a year after i went to belgrade for the first time was the fall of the wall and i covered the aftermath of that and then i covered the revolution. we were there together in prague i remember and the end of communism in hungary. i started covering all that political stuff so when the balkan wars exploded, all of the cold war analysis of the last previous 50 years was totally useless. what we needed to understand is you had to go find out from books to find out the history of the balkans because it was really a dcjc vu all over again. the ethnic cleansing was something that had been happening over the past several centuries . it was unfortunately a typical method of the balkans. so to understand the rise of this rapid nationalism was really, you needed old books. and i talked to a lot of reporters. there had been vicious, vicious fighting to these three communities during the second world war.

justice department is suing to stop aon's proposed acquisition of willis towers watson.overnment argues the merger of these two large brokers could limit competition. the case marks the first lawsuit by the justice department to stop a merger under the but it ministration. shares of both markets -- companies tumbled. the water company via coco is looking to go public as investors to back the ipo. the company could be valued at more than $2 billion. as the global wellness market continues to grow. that is your bloomberg business flash. anna: thank you. the ecb decided to continue with its pandemic emergency program keeping broad buying elevated through the third quarter. policymakers and the bank did not even entertain questions about tapering support, even as growth in the rebound faster than earlier predicted, the ecb had a fine line to walk there. with all of that in mind and the conversation about hawkish this and the fed ringing in our ears, a great time to have that next conversation. let's get to frankfurt, we are joined by bloomberg paul gordon which is joined by

you experience whatt someone ca do to youou and you constantly live in aon state of fear. this plays a part in every decision that a victiman does o does not make. i have a few suggestions. commanders and colonel who's directly work with someone accused of domestic violence should not oversea any investigation or committee regarding this issue. soldiers who commit acts of domestic violence do not need anger management, they have a control and p an abuse issue. any treatment plan, investigation, or committee needs to include both talking to the allegedhe a abuser and the alleged victim. when ig departments dmun with the military spouse, i recommend someone be present who can explain the process. commanders,, colonels and military personnel need to properly reportt all allegation ands conduct proper investigations. my story is notry just my story. it represents the stories of victimse and survivor who's are too i afraid to come forward. it represents individuals that work with victims in the military whoi feel they're constantlyly hitting roadblocks when tryinghe to help. i

include chubb, metlife, arch capital, and hartford the global brokers like marsh and mclennon get a boost aonng effect on mergers and acquisitions there's a slew of buy ratings. there was an investor meeting yesterday that raised the outlook on organic growth and margins. guidance might be overshadowed by the doj trust suit since gallagher intended to buy assets from willis. the names are all down on the day so far and for the week as well insurers largely pay dividends though it may not grab attention in the meme world. morgan >> i like that contessa. i am cure rouse. as we see more people hit the roads, go out, travel as the economy reopens as well, what all of this means for auto insurers too, which quite frankly benefitted last year from people not driving as much. >> they refunded it altogether about $14 billion to consumers because of the plummet in driving. although we saw fatalities on the rise people were driving faster and more drunk driving this year as we get on the roads, they're anticipating more crashes and the crashes are more expensive to repair. they take longer as well okay

tolerate any kopgs at any level within this department and even for any of our customers who exhibit any aon tour behavior and i will be looking at that closely too. this is looking at these things along with other things. i'm very passionate about making sure we root out all of this stuff at every level. >> chairman: i appreciate that and i appreciate your commitment and clarity around it. is there anything specific in terms of, you know, new ways that people will stop paying for new types of oversight or ways that people can, you know, let your department know when they feel like something isn't right and have follow through on that? i'm wanting to see a bit about how this is operationalized. >> so we have put together a reforms package which we worked on the city attorney's office and the controller's office and part of what we have started is we have sent out staff e-mails giving anonymously make any referrals of anything that seems like out of place to us so we can look into it immediately. so in so far as these are anonymous, it makes it a little bit easier for people to come to us wit