Move supplements Shanghai office, opened in 2003

Benfield, the independent reinsurance and risk intermediary, today announced that it has received approval from the China Insurance Regulatory Commission (CIRC) to open a new representative office in Beijing (‘Benfield Beijing’), enhancing further the company’s presence in China and ability to serve its growing customer base throughout the Greater China region.

Benfield established its first representative office in China in Shanghai in 2003. As a result of the approval for its new Beijing Representative Office, its Shanghai Representative Office has been approved by the CIRC to be upgraded to the status of General Representative Office.

“China represents one of the world’s most energizing insurance markets”, said Dominic Christian, Chief Executive of Benfield’s International Division. “For the informed and for the enterprising, exciting opportunities are assured. We look forward to serving customers new and old, and contributing to the markets future vibrancy”.

Ms Huang Ling, previously with Benfield in Shanghai, has been appointed as Chief Representative for its new Beijing Representative Office. Kevin Bogardus, Chief Representative for Benfield’s Shanghai Representative Office since 2005 and the company’s General Manager for Greater China, has been appointed as General Representative for its Shanghai General Representative Office.

Christian added: “Our new Beijing Representative office will work closely with our Shanghai General Representative office, the Benfield Asia regional head office in Singapore and the specialty teams throughout Benfield to provide treaty and facultative reinsurance programmes and risk advisory services in all classes of business to our customers throughout the Greater China region.”

The new office contact details are:

Benfield Limited Beijing Representative Office

12F Excel Centre,

No.6 Wudinghou Street,

Xicheng District,

Beijing, 100032 China

T: +86 10 88003790

F: +86 10 88003860