BFD Benfield Group

RNS Number:5686J
Benfield Group Limited
28 September 2006

RNS


28 September 2006

Benfield Acquires Parisco AS and Parisco Marine AS


Benfield, the world's leading independent reinsurance and risk intermediary,
today announced that it has acquired the entire issued share capital of Parisco
AS and its subsidiary Parisco Marine AS, the Norwegian marine and energy
insurance broker.  Parisco AS will become part of Benfield's corporate insurance
broking division, Benfield Corporate Risk.

Parisco AS had net assets of NOK 1.9 million (approx #200,000) as at 
31 December 2005.

Grahame Chilton, Chief Executive of Benfield commented, "Our acquisition of
Parisco AS will provide us with an excellent opportunity to further grow our
corporate insurance broking business in the Norwegian marine, energy and
oilfield services market, and further enhance the range of services we offer to
customers in the corporate sector.  This transaction is in line with our
intention to make selected strategic acquisitions which complement our existing
operations."


                                     -ENDS-


Contacts:


Analysts & Investors

Julianne Jessup              Benfield                       +44 (0) 20 7578 7425
Rob Bailhache                Financial Dynamics             +44 (0) 20 7269 7200



Media
David Bogg                   Benfield                       +44 (0) 20 7522 4016
Peter Rigby/David Haggie     Haggie Financial               +44 (0) 20 7417 8989




Notes to Editors:


About Benfield:

Benfield is the world's leading independent reinsurance and risk intermediary.
Its customers include many of the world's major insurance and reinsurance
companies as well as government entities and global corporations.   Benfield
operates from more than 40 locations worldwide. The company is listed on the
London Stock Exchange under the ticker symbol BFD.  www.benfieldgroup.com




                      This information is provided by RNS
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