Notice of Authorisation
26 November 2004 - 8:00AM
UK Regulatory
RNS Number:6769F
Benfield Group Limited
26 November 2004
25 November 2004
BENFIELD LIMITED RECEIVES NOTICE OF AUTHORISATION FROM THE FSA
Benfield Limited, a UK subsidiary of Benfield Group Limited the world's leading
independent reinsurance intermediary, announced today that it has received
notification from the Financial Services Authority (FSA) that their application
for permission under Part IV of the Financial Services and Markets Act 2000
(FSMA) has been granted. Benfield Limited will be authorised with effect from
14 January 2005.
/ends....
For further information, please contact:
Investors & Analysts
Julianne Jessup Benfield +44 (0)20 7578 7425
Robert Bailhache Financial Dynamics +44 (0)20 7269 7200
Media
David Bogg Benfield +44 (0)20 7522 4016
David Haggie Haggie Financial +44 (0)20 7417 8989
Benfield is the world's leading independent reinsurance intermediary and risk
advisory business. Its customers include most of the world's major insurance
and reinsurance companies as well as Government entities and global
corporations. Benfield employs over 1,600 people based in more than 30
locations worldwide. The company is listed on the London Stock Exchange under
the ticker symbol BFD. www.benfieldgroup.com
The FSA will take responsibility for the regulation of UK re/insurance
intermediaries with effect from 14 January 2005 and has granted Benfield Limited
permission to carry out regulated activities from that date.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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