Lord Levene has unexpectedly resigned from the supervisory board of Deutsche Borse.

The Lloyd's chairman, who had only agreed to serve on the three-member sub-committee last week, said that the time required for the role was far greater than he had been led to believe when he took it on, according to reports.

Xchanging chief executive David Andrews and the German exchange's chairman Rolf Breuer remain on the board.

The German exchange is currently in negotiations to buy the London Stock Exchange.

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.