AM Best said late Friday that the earnings for global reinsurers with large natural catastrophe exposure could come under pressure in 2005, not only from Hurricane Katrina-related claims, but also from new claims arising from the still ongoing hurricane season.
The insurance rating company said that overall insured damage may be significantly higher than the current estimates ranging from $20bn to $60bn. AM Best said some natural catastrophe experts are estimating that up to 10 more Atlantic hurricanes may occur this year.
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.
