Wellington Underwriting Agencies posts a pre-tax profit of £43.4 million after underwriting £601.7m for the 1997 year of account on its four managed syndicates.
Syndicate 51 produced pre-tax profit of £14.15m on capacity of £186.7m, syndicate 672 chalked up £27.7m profit on capacity of £261.9m and syndicate 1028 made £16.7m on capacity of £100m. Syndicate 439 made a loss of £15.2m on capacity of £53.1m.
Managing director Julian Avery said: "This announcement illustrates yet again the quality of our underwriting, in good times and bad."
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.
