Half of HSBC's team of London-based insurance analysts has left the bank over the past weeks.

Half of HSBC's team of London-based insurance analysts has left the bank over the past weeks.

Many departures are believed to be due to HSBC's decision to cut this year's bonuses to reduce costs.

Analysts Nick Holmes and James Quinn have defected to join rivals Lehman Brothers. Head of global research Mark Brown and its banks analyst Michael Lever have also left the company.

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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