Equitas has announced that it has completed Phase 1 of its reinsurance transaction with National Indemnity Company, a Member of the Berkshire Hathaway Group.

Hugh Stevenson, chairman of Equitas, said: "It is excellent news for Reinsured Names that we have now completed the transaction having received all the necessary approvals".

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.