Moody's has upgraded its rating outlook on Willis Group Holdings to stable from negative.
The ratings agency said the change was prompted by Willis' $50m settlement with the New York attorney general and New York Insurance Department to resolve the investigation into contingent commissions.
A statement said: “The outlook on Willis was changed to stable as a result of the resolution of significant uncertainty around the company.”
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.
