General Electric is considering spinning off its Employers Reinsurance (ERC) unit, it was reported today.
It is believed the company would consider an initial public offering of up to 20% of the unit, and that it may even consider selling the company outright if a single buyer could be found. It is currently deciding how to proceed.
This move would form part of GE's strategy of seeking to reduce its exposure to unprofitable lines of property and casualty business since the World Trade Centre events.
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.
