Omega has responded to Hardy's 'put up or shut up' call by withdrawing from its takeover bid, leaving Hardy open to fresh takeover offers, market watchers said.
Omega was given until 1 August to decide whether it would make a bid for the Lloyd's broker. It announced on Monday it would not continue with the offer.
A source close to both parties said Omega's reluctance to offer a part cash sum for Hardy had restricted it from moving forward.
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.
