Moody's has said it does not expect the US terrorist attacks of September 11, 2001 to result in a significant number of ratings downgrades for US life insurers.
It added that their diversified underwriting discipline and reinsurance programmes should protect them.
But it does expect the industry to face higher than normal mortality and morbidity claims as well as investment losses.
The international credit ratings agency said reinsurers, depending on their lines of business, were more likely to suffer from the attacks.
It said it was still "too early to accurately assess and define companies' exposures" and that loss estimates will have to be adjusted going forward.
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.
