Aon and Benfield reach £9.5m settlement over defecting brokers
Aon Re Global today announced it has reached a global and comprehensive settlement with Benfield Group of all of the litigation relating to former Benfield facultative reinsurance employees who recently resigned from Benfield and will be joining Aon on 1 April 2007.
Under the amicable settlement, Benfield will receive payments over time totaling £9 525 000, which includes all their costs.
Michael D O’Halleran, chairman and CEO of Aon Re Global, commented: "We are
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