Litigation Settlement
12 März 2007 - 8:03AM
UK Regulatory
RNS Number:7318S
Benfield Group Limited
12 March 2007
Litigation Settlement
Benfield, the world's leading independent reinsurance and risk intermediary,
today announced that it has reached a settlement with Aon Corp and certain
former members of its Facultative Solutions team in relation to the legal
process referred to in its trading update issued to the London Stock Exchange on
16 October 2006.
The full and final settlement, including costs, will result in Benfield
receiving a payment of #9,525,000 which will be accounted for as an exceptional
item.
The parties to the settlement have agreed to make no further comment in relation
to the matter.
-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:
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
The company news service from the London Stock Exchange
END
MSCUUUWCWUPMGBB
Benfield (LSE:BFD)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Benfield (LSE:BFD)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
Echtzeit-Nachrichten über Benfield Group (Londoner Börse): 0 Nachrichtenartikel
Weitere Benfield Group Ld News-Artikel