Legal and regulatory matters neeed to be finalised
The deadline for private equity firms Apollo and CBC Capital Partners to make a formal offer to buy Lloyd's insurer Brit has been extended to close of business on 25 October. The original deadline was today.
In a statement Brit said that significant progresds had been made in satisfying a number of the pre-conditions to the offer including the completion in all material respects of commercial due diligence by the Apollo/CVC consortium. The firm added, however, that a number of regulatory matters and legal documentation stil needed to be finalised.
Brit is due to release its interim management statement on 26 October.
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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