Q1 results show insurance lower but more profitable

Lloyds Banking Group today said that Q1 new insurance business sales were “modestly lower” than last year.

“However our decision in 2009 to refocus certain product offerings to improve returns is having a favourable impact on the profitability of those products,” it said.

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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