The City was sceptical when Norwich Union acquired London and Edinburgh and non-plussed when Norwich Union merged with CGU. Royal & Sunalliance has also had to bear a stock market snub during the bullish years before 2001. But the consolidation that the UK's biggest insurers painfully underwent is about to pay off, according to AT Kearney. The huge economies of scale available in the European single market, coupled with hardening general insurance rates in the UK should deliver healthy profits.
Whether CGNU and RSA are big enough world players is a different matter.
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.
