Brit's Syndicate 250 made a loss equal to nearly a third of its capacity in the 2000 year of account.
Its result for the year was a loss of 28.4% of its capacity, which was £50.3m. Brit owned 28.4% of the capacity.
The result was a marked deterioration against a forecast loss in the range of 17.5% to 22.5%. This was due to reserve strengthening in its US financial institutions account, Brit said.
Syndicate 800 lost 22.2% on a capacity of £62.4m, 47% of which was owned by Brit.
Syndicate 735 lost 11.3% on a capacity of £85m, of which 48.7% was owned by Brit. Syndicate 1202 made a profit of 11.6% on a capacity of £51.5m.
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.
