Collapse of deal will mean profit forecasts unlikley to be met

THB has warned that its failure to acquire broker PWS willl mean it is unlikley to hit profit forecasts.

In an announcement to the Stock Exchange it said the professional cost incurred in the failed transaction were expected to be approximately £1m

As a result it did not have a reasonable expectation of attaining the level of profits forecast by analysts for this financial year.

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.