Former Royal & SunAlliance chief executive Paul Spencer has joined Britannic as a non-executive director.
Britannic announced this week that operating profit for the six months ending June 30 had dropped 15% to £44m, against a profit of £52m for the first six months of 2002.
Britannic's free asset ratio - the capital it has in excess of that needed to pay claims - was 10% at the end of June, compared to 6.5% at the end of 2002.
Chief executive Paul Thompson said: "We have a much improved financial position and we are well on the way back to resumption of dividends and bonuses [to policyholders]."
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.
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.
