Zurich GSG has received a ratings upgrade from Standard & Poor's.

S&P has lifted the surety insurer's long-term counterparty credit and insurer financial strength rating from A- to A. The outlook is stable.

Marco Sindaco, S&P credit analyst, has attributed the upgrade to a revision of the company's status within the Zurich Financial Services group to “strategically important”.

S&P expects that Zurich GSG will maintain its good competitive position and a strong operating performance and capitalization, as well as continue to temper its exposure to high-severity, low-frequency loss events via its superior underwriting capabilities and the reinsurance treaties in place.

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.

Topics