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Marsh not interested in counterbidding for Benfield

Marsh & McLennan, the US financial services company that owns brokers Marsh and reinsurance Guy Carpenter, has said it has "no interest" in pursuing a counterbid for UK reinsurance broker Benfield.

"We are not interested in pursuing a counterbid for Benfield," said a spokesperson for Marsh.

MMC were thought to have been pipped for the post by Aon in the takeover of Aon, after Benfield directors

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Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

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As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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