Fortress Investment Group joins L&G and LV= as potential bidders

A New York investment firm is reported to have joined the race to buy the Co-operative Group’s insurance arm.

The Sunday Times reported that Fortress Investment Group, which manages assets worth $58bn (£36m) has joined Legal & General, LV=, Catalina and Anacap as potential suitors.

Legal & General is reportedly interested in the Co-op’s profitable household insurance book.

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.