The litigious blame culture in Europe risks making some classes uninsurable, the former head of Swiss Re said.
Walter Kielholz, speaking at the 50th annual congress of the European Federation of Insurance Associations, said: "Europe is a prime market for the 'predator class' [of lawyers]. The social and cultural barriers to a compensation culture are evaporating. Damage claims could soon make Europe as hazardous and uninsurable as the US."
He said the UK risked following the US by "degenerating into a regime that supports claims even if there werre no damage and/or breach of duty or fault".
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.
