Defence document drawn up in face of Resolution rumours

Legal & General has prepared a defence document to ward off an unwanted takeover approach from Clive Cowdery's Resolution, the Telegraph reports.

Advisers, including Nomura and UBS, are said to have worked on the document in the face pf rumours over which insurance company is next on Resolution’s list of targets.

One senior banker described the defence document as a "natural response" and said any company in L&G's position would draft one.

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.

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