Compensation and clean up costs add up, warns UBS

Analysts at UBS have predicted the cost of cleaning up and paying compensation for the BP/Transocean Deepwater Horizon oil spill at $12bn, in a report issued on Tuesday, Reuters reports.

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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