Lloyd's China reinsurance company has been given an Insurer Financial Strength ("IFS") rating of 'A+' with a stable outlook by Fitch Ratings.
Fitch said the company was core to Lloyd's due to its comprehensive quota share retrocessional agreement, which means all risk is effectively transferred to Lloyd's syndicates.
As a result, it believed that cedants in China would have access to the full Lloyd's chain of security for all risks placed with Lloyd's Reinsurance Company (China)(LRCCL).
LRCCL is wholly owned by the Corporation of Lloyd's, branded with the Lloyd's name and has been capitalised from Lloyd's Central Assets.
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.
