Members of the arbitration panel who will decide a £290m dispute between Lloyd's and Swiss Re are expected to be appointed within the next few weeks.

The two arbitrators and one chairman will face up to 18 months' work to settle the dispute, sources believe.

Lloyd's complains that reinsurer Swiss Re has stopped paying claims on the policy that protects the financial safety net for Lloyd's policyholders.

Swiss Re contests the allegation.

Lloyd's has received £134m in claims so far, while a further £290m is under dispute.

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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