Insurance division is key to shareholder revolt over BNP sale
Concession required by French bank BNP Paribas to satisfy minority shareholders of Fortis, will focus on the insurance division according to French paper Les Echos.
Les Echos said the minority shareholders represent around 10% of the capital. They want a higher price or a review of the businesses to be sold.
Negotiations are to begin soon, the newspaper said, and BNP may acquire a smaller share of the insurance division so that Fortis Holding retains a part.
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.
