Moody's, the international ratings agency, has downgraded its insurer financial strength rating for Copenhagen Re to Baa2 from A3 and put it on review for a further possible downgrade.
The agency said the move reflected its concerns about Copenhagen Re's "recent poor performance" as well as its potential exposure to the terrorist attacks in the US in September.
The reinsurer has temporarily suspended underwriting because of the attacks.
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.
