Standard and Poor's has affirmed the financial strength ratings of Bermuda-based insurer and reinsurer Omnium.
The ratings agency affirmed the 'AA' stable the reinsurance affiliate of French oil company TotalFinaElf earlier today.
S&P credit analysist Peter Grant said Omnium's rating was influenced by the financial flexibility rating of its parent. The rating also reflected Omnium's operating performance, he said
Looking to the future, S&P noted that its risk adjusted capital adequacy is expected to remain strong.
It said the increase will be driven by an expected combined ratio expected of below 60%.
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.
