Standard & Poor's has removed the Credit Watch it had imposed on ACE Europe last year while evaluating the effects of ACE's takeover of CIGNA.
ACE has retained its S&P A+ rating while AM Best has also reconfirmed its rating for ACE Europe as an A.
Chief executive Steve Scheisman said: "We were disappointed that ACE Europe had been placed on Credit Watch following the acquisition of CIGNA Europe by the ACE Group. However, this is an excellent outcome which reflects our continuing good results and high-quality work."
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.
