Major reinsurer Munich Re has announced first-quarter profits up more than four-fold on asset sales, a rise it attributes to raising prices after the World Trade Centre (WTC) attacks.
Net income rose to €4.5bn (£2.8bn) from €805m (£509m) in the same period a year earlier. Excluding the gains, net income was €700m (£442m), the company announced at a press conference today.
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.
