Munich Re's primary insurance unit ERGO has purchased a 75% stake in the Turkish property/casualty insurer Isvicre for an undisclosed price.

ERGO said its market entry into Turkey with the country's fifth largest property/casualty insurer fits with its strategy to expand business in Southern and Eastern Europe.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.