Faraday Underwriting Limited has today announced that it has acquired over 50 % of the outstanding capacity on Syndicate 435 in Auction two under the terms of its Announced Auction Offer.
Faraday Underwriting Limited has today announced that it has acquired over 50 % of the outstanding capacity on Syndicate 435 in auction two under the terms of its announced auction offer.
The managing agency, owned by General Reinsurance Corporation, which in turn is part of the Berkshire Hathaway group, now has a 98.97% participation on Syndicate 435 and intends to apply to Lloyd's for a minority buy-out of the remaining capacity through the dedicated corporate vehicle, Faraday Capital Limited.
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.
