Asian insurer will not bid to takeover Prudential's Far East operations

AIA, the subject of a failed £22.5billion bid from UK insurer Prudential earlier this year, was believed to be looking to turn the tables with an approach that could spark a break-up of the UK insurer.

However, AIA boss Mark Tucker, previously the Pru’s chief executive, told The Express it is focused on organic growth and had "closed the chapter" relating to a possible deal with Prudential.

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.