Standard & Poor's (S&P) affirmed the A- long-term counterparty credit and insurer financial strength ratings on Brit Insurance Ltd. S&P then withdrew the ratings on Brit's request. This means Brit will no longer be constantly monitored by S&P.
S&P said the ratings were based on "the company's very strong capital adequacy, and an able management team with strong credentials for conducting certain specialised lines of financial risk business.
"These factors were offset by Brit's moderate but improving business position, and a volatile earnings history on the company's catastrophe book," it added.
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.
