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Through its subsidiary, Benfield
Corporate Risk, Benfield also operated in the primary insurance brokerage space, catering to the complex risk management and transfer needs of corporate entities in selected industries.
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announced that it had agreed to acquire
Benfield Group. The $ 1.43 billion deal was completed on 28 November 2008. Aon's reinsurance broking business continued to operate under the name Aon Benfield until 2018.
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Benfield was a reinsurance broker, acting as an intermediary between reinsurance companies and reinsurance purchasers. More than 90% of its revenues came from its reinsurance brokerage business.
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intermediary. Customers included most of the world's major insurance and reinsurance companies as well as government entities and global corporations. A former constituent of the
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broker in 1973 as
Benfield, Lovick, and Rees & Company (BLR). In 1988, a management buyout led to the formation of Benfield Group.
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In the 1990s and early 2000s, the company grew through a series of mergers with
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Benfield Group was based in London and incorporated in
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Companies formerly listed on the London Stock
Exchange
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339:Financial services companies established in 1973
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329:Insurance companies of the United Kingdom
201:Benfield : Group Profile and History
213:"Aon to Acquire Benfield Group Limited"
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138:. The company was first listed on the
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282:. You can help Knowledge (XXG) by
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145:On 22 August 2008, Chicago-based
119:The company was established as a
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344:1973 establishments in England
235:"Aon completes Beynfield deal"
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95:was a leading independent
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349:Insurance company stubs
128:Ellinger Heath Western
140:London Stock Exchange
111:since November 2008.
68:Michael O'Halleran,
274:This article on an
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243:. 29 November 2008
164:Continental Europe
70:Executive Chairman
19:Benfield Group Ltd
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245:. Retrieved
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217:. Retrieved
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132:Greig Fester
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55:Headquarters
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136:E.W. Blanch
97:reinsurance
37:Reinsurance
323:Categories
247:4 December
219:19 January
181:References
170:and Asia.
154:Operations
64:Key people
58:London, UK
142:in 2003.
33:Industry
168:Bermuda
160:Bermuda
121:Lloyd's
115:History
47:Founded
134:, and
278:is a
81:Owner
280:stub
249:2008
221:2011
101:risk
99:and
50:1973
41:risk
39:and
75:CEO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
