SVB boss Matthew Fosh is drawing up plans to persuade investors to back a capital raising.
But the chief executive admitted he needed a "cogent, credible strategy" to win the battle for more cash.
Fosh took over at the troubled Lloyd's insurer after a period of heavy losses. The company has been notable for failing to raise new capital, while many of its competitors issued new shares.
"This year I would love to be able to come up with a strategy to persuade shareholders that we're worth it," he said. "No one's going to back us without the management - me - coming up with persuasive reasons why they should do so."
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.
