A leading Lloyd's insurer has warned that Iraq is becoming a "no-go" area for insurers.
Ascot chief executive Martin Reith said the situation in the country was continuing to deteriorate. "We have had losses and have had to reconsider our position on terrorism and war cover.
"It is becoming a no-go area for underwriters. We cannot control cargo movements and the bandits are not choosy."
He said he would "need persuasion" to offer any insurance in the future.
"The elections do not make things any more certain," he added.
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.
