The Office of Fair Trading (OFT) has decided not to refer Catlin's acquisition of Wellington to the Competition Commission.
In October, Catlin and Wellington agreed a price of £591m to create the largest underwriting operation at Lloyd's.
The acquisition will create a major international specialty property and casualty insurer with gross premiums of approximately $2.4bn and a pro forma market capitalisation of approximately £1.3bn.
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.
