Statement from Aon regarding Benfield litigation

Released on: December 3, 2007, 10:42 pm

Press Release Author: Reuben Aitchison

Industry:

Press Release Summary: 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.

Press Release Body: 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.entertainment
and media liability 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
sports car insurance
, high value home insurance, entertainment and media
insurance and construction site insurance.


Web Site:
http://www.privateclients.aon.co.uk/privateclients/microsites/cars/classic.aspx

Contact Details: directory@vandelay.co.uk

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