Reinsurance rates are remaining steady, despite the seemingly constant storms battering the UK.
Cooper Gay non-marine executive director James Kininmouth said current losses following hurricanes Charley and Danielle were well within industry loss estimates.
But he added: “If we see two or three more then it will start to bite.”
Industry sources said hurricanes would not prevent the general fall of property reinsurance rates.
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.
