Demand for shares pushes value to more than £1.3bn
Partnership Assurance is preparing one of the biggest London flotations of the year following strong demand for its shares.
The niche life insurer expects to close its order book tomorrow and begin conditional trading on Friday, as demand pushes the valuation towards the upper end of the £1.3bn to £1.6bn range, sources say.
The firm’s specialist business model involves selling more generous annuities to people with reduced life expectancy, such as heavy smokers. The flotation stands to generously reward management, who together own a fifth of the firm.
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.
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