(1888PressRelease)
December 05, 2007 - Aon Re Global, the world’s largest provider of reinsurance brokerage services and integrated capital solutions, today announced it has reached a global and comprehensive settlement with Benfield Group of all of the litigation relating to former Benfield facultative reinsurance employees who recently resigned from Benfield and will be joining Aon on 1 April 2007.
Under the amicable settlement, Benfield will receive payments over time totaling £9,525,000, which includes all their costs. builder's insurance
Michael D. O’Halleran, chairman and CEO of Aon Re Global, commented: "We are pleased to have reached a mutually acceptable accord on this matter."
Aon UK is ranked by A.M. Best as the number one global insurance brokerage based on brokerage revenues and voted best insurance intermediary, offering classic car insurance, high value home insurance, entertainment and media liability insurance and builder's insurance.
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