Ratings agency Standard and Poor's has declared it believes Australia's insurance industry will cope with the damages from the country's bush fires.
Standard and Poor's said yesterday it is monitoring the effect of the bushfire's on Australia's insurance industry and its impact on individual insurers.
The agency forecast the damages bill to exceed $A150m (£54m) and added that there is "no sign of an early end" to the crisis.
However it said it believes the industry can deal with the volume of claims without a affecting the industry's financial strength.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
