Hurricane Katrina was the costliest catastrophe in the history of the US property/casualty insurance industry, according to the property claim services unit of the Insurance Services Office.
Katrina resulted in insured property losses of around $34.4bn, with severe flooding and wind damage expecting to generate more than 1.6 million claims from policyholders in six states.
The claims primarily stem from damage to commercial and personal property, vehicles, and boats and yachts.
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.
