Billionaire Warren Buffet says recovery will take two years

Warren Buffett has said that his businesses have bottomed out but that he saw few “upticks” and the economy would come back in two years rather than in one, Reuters reports.

"Our businesses, they've bottomed ... (there are) very few upticks," said Buffett.

Buffett estimated the US dollar will depreciate as the US government prints more dollars. "The question is how much it depreciates in value," he said.

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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