Fitch Ratings has updated its Quantitative Insurer Financial Strength ratings for 45 British and Italian insurers.

The ratings agency has upgraded three UK insurers — Hiscox, IGI and Solicitors Indemnity Mutual Insurance Association.

Hiscox' rating was upgraded from BBBq to Aq.

Royal Liver Assurance was the only British insurer to receive a downgrade, while Budget, Highway, Liverpool Victoria and Equine & Livestock's ratings were unchanged.

Fitch indicated that the high proportion of affirmed ratings reflects a stable credit environment.

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.

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