Benfield reveals financial impact of Lloyd's central fund settlement
Benfield has put the financial impact of today's settlement reached with Lloyd's in the New Central Fund dispute, at £8m. The broker stated that the figure will be accounted for as an exceptional item.
Benfield chief executive Grahame Chilton, said: 'We are pleased to have brought an end to this matter and we look forward to continuing our excellent working relationship with Lloyd's.'
“We are pleased to have brought an end to this matter and we look forward to continuing our excellent working relationship with Lloyd's
Benfield chief executive Grahame Chilton
Lloyd's and Benfield have agreed that the terms of the settlement will remain confidential.
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.
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.
