Abbey National Plc is facing concerns over its insurance business, according to Bloomberg reports today.
The bank's credit rating was lowered by Standard & Poor's yesterday because of the "weakened financial condition" of the Scottish Mutual Assurance unit.
The downgrade will mean more pressure on chief executive, Ian Harley, who warned investors this week that mounting debts would mean far lower profits this year.
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.
