Group to focus on banking following CEO review
Lloyds Banking Group is considering selling its Scottish Widows life insurance and pensions business as part of a group-wide overhaul, The Times reports.
New Lloyds chief executive Antonio Horta-Osorio is expected to present his strategy to investors in June, in which he will advocate a focus on core banking services.
The paper said Scottish Widows would be sold for between £5bn and £7bn. The most likely buyer, it contended, is Clive Cowdery’s Resolution Group.
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.
