Credit Suisse is understood to be selling off its US property and casualty insurance arm, the Financial Times reported today.

The paper estimates that the Swiss group is hoping to raise $800m-$1.2bn in the process.

Speculation is that funds raised by the sale may be used to bolster Winterthur's capital base, its troubled insurance subsidiary.

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.

Topics