Moody's has assigned a stable outlook to the Baa1 insurance financial strength rating of Converium.
Moody's said the outlook reflected the fact that the profitability of Converium had now stabilised, albeit at a fairly low level.
The ratings agency added that one of the key drivers of profitability in the short to medium term will be a reduction of the high administrative expense ratio.
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.
