The Lighthill Risk Network

As the world's leading independent reinsurance and risk intermediary, Benfield offers a range of services which assist its customers in the structuring and execution of insurance, reinsurance and other forms of risk transfer.

Its customers include most of the world's major insurance and reinsurance companies as well as government entities and global corporations.

Through its subsidiary, Benfield Corporate Risk, it also caters for the complex risk management and transfer needs of corporate entities in selected industries.

Headquartered in London and incorporated in Bermuda, Benfield has an international network of more than 40 offices and a leading presence in major insurance and reinsurance markets including the US, the UK, Continental Europe, Bermuda and Asia. Benfield is not a risk carrier and is not exposed to any underwriting risk.

Benfield is the only global intermediary with more than 90% of its revenues from reinsurance broking. For the year ended 31 December 2005 Benfield reported operating revenue of Ł324.1million and a trading result (before amortisation of goodwill, depreciation of tangible fixed assets and exceptional costs) of Ł63.3 million.

Benfield's ReMetrics division is arguably the global reinsurance markets largest analytical team, with over 170 actuaries, mathematicians, peril modellers, credit analysis and structured reinsurance product specialists worldwide. The team is closely integrated with the main reinsurance business, guaranteeing not only clever solutions but clever, appropriate solutions.

The ReMetrics team develops markets and supports the market leading DFA software ReMetrica. Benfield sponsors the Benfield Hazard Research Centre at University Colleague London and also is a sponsor of the Tropical Storm Risk and EuroTempest ventures.