Dutch firm could be set for an IPO prior to sell-off

Dutch financial services giant ING could potentially extend the sale of its insurance business beyond a 2013 deadline, Reuters reports.

The report said that as long as it kicks off the process with a stockmarket listing it could be approved by the EU, as cited in a footnote of an EU document last week

An ING spokesman said: "Whenever a divestment is being undertaken by an IPO process which has commenced and significant (30 percent or more) share placements have been made prior to the end of the divestment period, the Commission (in consultation with the Dutch State, ING and the Trustee) will actively consider allowing the entity more time to place remaining shares."

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.