The four major hurricanes which hit the US have also hit the profits of Berkshire Hathaway, which reported a loss of $816m (£439m)in the third quarter.
The company, run by billionaire Warren Buffett, has also been forced to write off the cost of a failed mining project.
Buffett, the world's second-richest man, has increased the company's cash holdings from $31bn to $38bn in search of further acquisition opportunities.
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.
