Insurers estimate that losses due to hurricanes Ivan, Charley and Frances could be the same as hurricane Andrew which caused $20bn (in today's money) of damage in 1992.
However, estimates are vague as loss adjusters are only just gaining access to some of the worst-hit areas this morning.
The latest estimates for Ivan put US damages at up to $7bn. Further damages in teh Caribbean are estimated at up to $2bn.
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.
