Business may be valued at $1bn according to sources
AXA and ACE are battling out in a potential $1bn bid for HSBC’s Holdings Plc’s non-life insurance operations.
Sydney-based QBE Insurance Group Ltd is also considering a bid for the business, one person told Bloomberg.
HSBC reported $1bn net written premium for non-life last 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.
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