AM Best has affirmed the A- (excellent) rating of Brit Insurance. The outlook is stable.
The rating is based on the company's continued excellent capitalisation and liquidity levels, good underlying operating performance, improving business position and diversification, and the strength of its management and underwriting teams, said AM Best.
The conservative estimation of exposure to the World Trade Center loss gives a clear indication of management's cautious stance to reserving. Offsetting factors include Brit's modest market profile and low level of diversification by business line which can result in volatile financial performance due to the high dependence on property catastrophe business.
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.
