Kiln's two-for-three rights issue, which closed this week, achieved a 92.4% take-up rate.
The Lloyd's insurer had offered existing shareholders the chance to buy two new shares for each three they already owned in plans to raise £50m. The acceptance rate includes a stake sold to US insurer WR Berkley Corporation and others sold to directors.
The company's shares were trading on Tuesday at 53.5p, having been stable for the last five days.
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.
