Analysts are predicting a reinsurance industry collapse following the plane crashes, hi-jackings and destroyed buildings in the US.
One analyst said, "This is going to cause a reinsurance meltdown with losses in the billions."
Stock prices of the top reinsurance companies reacted dramatically to the first plane attack on the World Trade Centre. Zurich Group fell 10%, Swiss Re lost 15% and Munich Re dropped 14.5% immediately.
There was a further large drop in stocks as the World Trade Centre's towers collapsed.
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.
