Benfield announces successful completion of transfers

Benfield announced the successful completion of its first electronic transfers of reinsurance submissions using peer to peer standard messaging with some of the Group of Six (G6), the alliance of six large Lloyd's insurers. The first of these data transfers was completed three months ahead of schedule using the ACORD data standards and was in respect of business emanating from Benfield's Japan broking team for the placement of risks for the 1 April Japanese renewals. The remaining members of