Moody's Investors Service announced it had confirmed the financial strength rating of Munich Reinsurance Company (Aaa)and the debt and financial strength rating of its US subsidiary, American Re Corp (Aaa)
This decision was based on the overall assessment of Munich Re's exposure to the 11 September attacks. Moody's said it had focused on the "magnitude" of potential ultimate losses relative the company's core earnings, cashflow and market capitalisation.
Even with the current instability and degree of uncertainty surrounding the overall losses, Moody's concluded the outlook for the rating is stable.
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.
