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Benfield prepares London IPO

The Benfield Group is to float on the London Stock Exchange in a bidto raise additional capital to t...

The Benfield Group is to float on the London Stock Exchange in a bidto raise additional capital to take advantage of the current market.

While the independent international reinsurance intermediary is set todomicile in Bermuda, it will seek a listing in London. In a statement,Benfield said it believed now was an appropriate time to raise furthercapital by means of a public listing. The capital raised will provideBenfield with additional financial flexibility.

The redomiciliation of the Group to

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