Lloyd's market capacity will exceed £14bn in 2003, according to rating agency Fitch Ratings.
It estimates that capacity will increase by 10-20% in 2003.
Fitch also said that the market is now showing signs of stabilising after the events of September 11, and that it expects a return to profitability in 2002.
This stabilisation has been helped by the additional capacity that has been flowing into the market through public share offerings and qualifying quota share arrangements.
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.
