Aon takeover of reinsurance broker approved.
The FSA has rubberstamped Aon’s £900m acquisition of Benfield. Shareholders approved the deal last week.
Aon said in a statement that the FSA gave its approval on 21 October to the change in control that would result from the acquisition.
“[The FSA] has approved Aon Corporation, Aon Group Inc, and certain other Aon group companies as controllers of the FSA-regulated entities Benfield and Benfield Advisory.
“Completion of the acquisition remains subject to the satisfaction or, if appropriate, waiver of certain of the conditions set out in the shareholder circular posted to Benfield shareholders on 19 September.”
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.
