Outlook improves now XL works on cored P&C business
Moody's has raised its ratings outlook on XL Capital to stable from negative due to improved capitalisation and financial flexibility, as well as the stabilisation of the insurer's business franchise, Dow Jones reports.
It cited lower losses on investments and good underwriting profitability in its core operations. It was reducing risk exposures related to non-core businesses, Moody’s said.
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.
