HIH, the defunct Australian insurance giant, has been granted court approval to sue a Lloyd's syndicate for unpaid reinsurance, according to reports.

The Sydney Supreme Court gave its approval early last week, ignoring the defence's argument that the case should be subject to international arbitration.

The reinsurance owed by the syndicate is reported to be in the region of $50m.

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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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.