Insurers have relaxed their policy terms for victims of the Asian tsunami.

Peter Hubbard, chief executive of AXA Insurance, confirmed that it would be waiving all but one excess if their customers needed to claim on more than one section of its travel policy and was covering claims for replacement house locks and keys.

Europ Assistance has sent a special crisis team to the region together with a specially equipped Airbus. It has so far repatriated 41 injured people including two Britons.

Meanwhile, reinsurance losses following disaster are estimated to be around $4bn-$5bn, with renewal rates expected to remain stable, according to the deputy chairman of Aon's reinsurance division, Charlie Cantlay.

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.

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