Reinsurance broker PWS Holdings has announced it may buy-out its shareholders and become a private company, as shareholders were not achieving value for money after announcing a dividend of 0.3p in interim results.
"The insurance sector is not viewed favourably on the stock market and our share price remains low," said a PWS spokesperson. "Our share price will not go up to correspond with our profits and shareholders are not getting value for money."
PWS Holdings posts a 12.7% rise in interim pre-tax profits to £982,000 compared to £871,000 for the same period the year before. PWS says shares, currently at about 16p would be worth 22.5p if it went private.
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.
