A £300m dispute between Lloyd's and Swiss Re relating to unpaid claims on its central fund reinsurance policy went to arbitration last week.
Last year, Lloyd's claims it had been paid £134m in claims under the policy, but that around £300m was being disputed by Swiss Re and five other reinsurers.
Swiss Re argued that the Lloyd's claims were submitted to protect members' solvency and to fund liquidity requirements, particularly in the US. The arbitration is ongoing.
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.
