Move rules out friendly bid for broker

Robert Bredahl, the head of head of Benfield’s advisory division has sold his entire shareholding in the reinsurance broker worth nearly £800,000.

According to a stock exchange announcement last night, Bredahl sold 260,419 shares at 305.25p.

The move means there cannot currently be a friendly bid for the broker.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.