Broker Benfield Group has been valued at £650m as it prepares to list on the London stock market, according to reports.
According to Reuters, sources involved in the offer said the shares would be priced at between 230p and 260p, which would value the company between £575m and £650m.
Benfield plans to raise £100m through a listing on the main London market. The flotation could be the largest new listing in the London market since bookmaker William Hill's listing last June.
Benfield is expected to announce the share pricing early Friday after the offer closes on Thursday.
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.
