Revised bid from private equity firm expected early this week

Brit stalker Apollo may make a revised bid for the Lloyd’s insurer early as this week, the Independent on Sunday reports.

Analysts have warned that Brit is unlikely to accept offers below the insurer's book value, estimated at £11 a share. Shares in the insurer closed last week at 925p a share – a 75p discount to Apollo's offer.

Brit shareholders want the management to talk direct to Apollo.

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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.

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