Private-equity backed Torus has cast the slide rule over making a bid for Lloyd’s syndicate Broadgate, Insurance Times understands.
Israeli-based Clal Insurance Enterprise Holdings, which owns Broadgate, is willing to listen to offers for the syndicate.
Broadgate writes accident and health, property treaty, special risks, direct facultative and bloodstock. The sydnicate has £110m capacity for 2011.
A spokesman for Torus said: “There are many opportunities to grow our business through acquisition, and there is a lot of opportunities out, and we are continually investigating these. We cannot and do not comment on market speculation.”
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.
