Swiss Re's flagship building at 30 St Mary Axe is more of an albatross than a gherkin, if recent reports are to be believed.
The reinsurance giant is apparently losing £35,000 a day in rental income from its iconic tower, affectionately dubbed the 'erotic gherkin' owing to its shape.
Swiss Re has been looking to let 269,182sqft of surplus space since the spring. But there has been little interest to date.
It would seem that, despite its 'erotic' shape, City firms are not particularly turned on by the prospect of moving into the gherkin.
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.
