With rumours that Aon's Axiom sale is on hold while the senior management tries to find the money for an MBO, one of its rivals has decided to take stock.

The MBO planned for CMGL is off and so is the sale. It is understood that Zurich had been interested in gaining a premium price for the operation, but has decided instead to take advantage of the market.

Probably because its rival is ready to be sold. Swings and roundabouts, says Backchat.

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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