Brit Insurance is proposing a reduction of its share premium account by £180m in order to increase the level of its distributable reserves by an equivalent amount.

The company is sending a circular to shareholders today, convening an EGM of shareholders on 3 March 2006.

It is expected that the proposed reduction will become effective by the end of March 2006.

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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