Latest Benfield Group Stories

2011-08-04 10:30:00

CHICAGO, Aug. 4, 2011 /PRNewswire/ -- Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during July. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Published by Impact Forecasting, the firm's catastrophe model development center of excellence, the report reveals that the month was...

2010-06-08 12:00:00

CHICAGO, June 8 /PRNewswire-FirstCall/ -- Aon Corporation (NYSE: AON), the world's leading risk advisor and human capital consultant, has been named the world's best global insurance broker for the third straight year by the respondents of Euromoney magazine's annual insurance survey. (Logo: http://photos.prnewswire.com/prnh/20041215/CGW049LOGO) Aon also was named: Best Broker in North America Best Broker in Asia Best Broker in the Middle East Best Broker in Central & Eastern...

2009-12-15 08:30:00

CHICAGO, Dec. 15 /PRNewswire-FirstCall/ -- Aon Risk Services (ARS), the risk management and insurance brokerage business of Aon Corporation, today announced that it will acquire FCC Global Insurance Services, the in-house captive brokerage subsidiary of FCC. FCC Global Insurance Services is a subsidiary of Fomento De Construcciones Y Contratas, S.A. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) Financial terms of the acquisition were not disclosed. The transaction is...

2009-11-16 11:36:00

CHICAGO, Nov. 16 /PRNewswire-FirstCall/ -- Aon Corporation, the leading global provider of risk management services and human capital consulting, today was recognized by the readers of Business Insurance in four major categories in the magazine's fifth annual Readers Choice Awards. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) As part of the awards program, Aon was named: Best retail brokerage with revenues in excess of $250 million Best reinsurance intermediary Best...

2009-01-06 12:27:00

CHICAGO, Jan. 6 /PRNewswire-FirstCall/ -- Aon Corporation (NYSE: AOC) today announced that it has completed the sale of all of the issued and outstanding equity interests of AIS Management, LLC, which is the parent company of Auto Insurance Specialists, LLC, to Mercury General Corporation (NYSE: MCY). Aon received $120 million in cash at the closing on January 2, and may receive potential earn out of up to $34.7 million in additional consideration payable over the two year period...

2008-11-29 08:35:26

U.S. insurance broker Aon Corp. has completed its acquisition of a British firm and will lay off as many as 700 employees, company officials say. Aon, based in Chicago, finished its acquisition of London's Benfield Group Ltd. Friday for $1.43 billion and said it was starting a global restructuring plan expected to eliminate between 500 and 700 jobs worldwide, the Chicago Tribune reported Saturday. Company officials revealed the restructuring is expected to result in cumulative charges of...

Word of the Day
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".