Ace expects the recent flooding across central Europe to strip about $90m (£56m) out of its third quarter operating income.

The figure includes flood losses in France and takes into account recent increases ...

Ace expects the recent flooding across central Europe to strip about $90m out of its third quarter operating income.

The figure includes flood losses in France and takes into account recent increases in the sum expected to be lost by the insurance industry as a whole.

Ace lost through claims on its direct policies and reinsurance treaties.

The company's next quarterly financial figures are due to be released on 29 October.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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