Standard & Poor's (S&P) said its ‘A' rating on the Lloyd's market is unaffected by the outcome of the first phase of the arbitration tribunal established to settle a dispute between Lloyd's and Swiss Re.

The ratings agency said its ‘BBB+' rating on the subordinated debt issued by the Society of Lloyd's is also unaffected.

S&P said the outlook remained stable.

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.