Goshawk has confirmed that it now seems increasingly likely that Rosemont Re will be put into run-off.

This comes following AM Best's announcement that Rosemont Re has been downgraded from A- (excellent) to B (fair) with a negative outlook.

Goshawk said the downgrade will severely impair Rosemont Re's ability to write existing or new business.

The Goshawk board added that it will continue to seek ways to maximise value for shareholders.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.