Reinsurance broker Benfield Group has generated $27.7m (£16.7m) after selling most of its shares in Montpelier Re.

Benfield announced earlier today that it has disposed of 947,479 common shares in Montpelier Re. On 13 June Benfield Group revealed plans to sell its entire holdings of 1,500,000 common shares in Montpelier Re Holdings.

The disposal leaves Montpelier with 552,521 common shares in the Bermuda reinsurer.

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.

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