Litigation Conclusion

RNS Number:1014Y
Benfield Group Limited
11 June 2007

                                                                    


11 June 2007


                             Litigation Conclusion


Benfield, the world's leading independent reinsurance and risk intermediary,
today announced that it has reached a conclusion with Lloyd's in relation to the
New Central Fund dispute which was previously disclosed in Benfield's Annual
Report & Accounts 2006.

The financial impact of the agreement for Benfield will be approximately net
#8,000,000,  which will be accounted for as an exceptional item.

Grahame Chilton, Chief Executive Officer of Benfield, stated "We are pleased to
have brought an end to this matter and we look forward to continuing our
excellent working relationship with Lloyd's."

Lloyd's and Benfield have agreed that the terms of the settlement will remain
confidential.

                                     -ENDS-


Contacts:

Analysts & Investors
Julianne Jessup
Benfield                     +44 (0) 20 7578 7425
Rob Bailhache
Financial Dynamics           +44 (0) 20 7269 7200

Media
David Haggie/Peter Rigby
Haggie Financial             +44 (0) 20 7417 8989


Notes to Editors:

Benfield is the world's leading independent reinsurance and risk intermediary.
Its customers include many of the world's major insurance and reinsurance
companies as well as government entities and global corporations.   Benfield
operates from more than 40 locations worldwide. The company is listed on the
London Stock Exchange under the ticker symbol BFD.  www.benfieldgroup.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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