Aegis London, the UK-based subsidiary of Aegis (Associated Electric & Gas Insurance Services), has estimated that its
consolidated total net loss for both US and UK underwritten business amounts to $75m for hurricanes Katrina and Rita.
The company also announced that ratings agency Fitch has reaffirmed the mutual's A+ financial security rating with a ‘stable' rating outlook.
Stuart Davies, managing director of Aegis London, said: "In general terms, this is a significant but manageable hurricane-related loss for AEGIS."
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.
