Royal & SunAlliance (R&SA) bucked the trend yesterday when it finished the best performer in a relatively moribund FTSE 100.
On Tuesday the beleagured insurer was downgraded by rating agency Standard & Poor's and analysts thought the news would drag R&SA fortunes down further.
But the stock in fact rose 12p higher at 118p after 66m shares changed hands. Rumours that Cazenove had backed its rights issue and group chief executive Bob Mendelsohn had resigned helped bolster its stock.
R&SA would not comment on either rumour.
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.
