Private equity firm Terra Firma has announced that it has no intention of making an offer for Lloyd's insurer Chaucer.
Terra Firma, founded by Guy Hands, announced on 8 February that it was considering making an offer for Chaucer following press speculation.
However, on 20 April, US insurance group Hanover made a £313m offer for Chaucer, which Chaucer's board has recommended to shareholders.
The deal with Hanover is expected to complete in early July.
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.
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