Heritage rejected approach as undervaluing company
Bermudan reinsurer Ironshore has confirmed that it is looking to buy Lloyd’s insurer Heritage Underwriting.
In a statement it said: “Further to Heritage Underwriting Agency plc’s announcements and recent press speculation, Ironshore confirms that it has made an approach to Heritage which may or may not lead to an offer being made in cash for the entire issued share capital of Heritage Underwriting Agency plc.
“This announcement does not constitute an announcement of a firm intention to make an offer under Rule 2.5 of The City Code on Takeovers and Mergers and accordingly there can be no certainty an offer will be made.”
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.
