International ratings agency Moody's has raised its outlook on the debt ratings of insurance holding company WR Berkley, on improved earnings prospects and reduced financial leverage.
The outlook on the US-based company's debt was raised to stable from negative. WR Berkley carries a senior debt rating of Baa2.
Moody's said the company had a diversified revenue stream in all segments of the property/casualty business, a high quality investment portfolio and a disciplined approach to underwriting.
It added that both the company's and the industry's prospects were favourable given rising premium rates across all lines of business.
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.
