Market puzzled by FCA aviation probe

The initial shock at a major intervention from the
consumer-focused Financial Conduct Authority (FCA) in the aviation
insurance market has given way to perplexity about the target of
the investigation.
The Insurance Insider revealedlast week that the FCA had swooped simultaneously on five
aviation brokers in London earlier this month, seizing IT equipment
from Aon, JLT, Marsh, Willis Towers Watson and UIB.
Marsh made clear in its statement that the probe was a
"civil competition investigation",