Albion Insurance has had its BBB+ financial strength rating re-affirmed by international credit scoring agency Fitch.
Albion's parent group, Sterling Insurance, which specialises in creditor insurance and includes Lloyd's broker Edgar Hamilton, has also had its BBB rating confirmed.
Fitch said the ratings represented Sterling's growing profitability. It said Sterling benefited from an experienced management team and the diverse revenue steams of its different businesses.
Sterling's asset portfolio is said by Fitch to be highly liquid and conservatively invested.
However, Fitch said factors such as Sterling's relatively small size and the competitive nature of the creditor market had offset its rating.
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.
