Report: Paulson says aid will be limited to banks.
The US Treasury Secretary Henry Paulson has told British insurance companies they will not be allowed state aid, it has been reported.
Paulson told insurers that state funds would go only to “federally regulated financial institutions that lend money,” The Times reported this morning.
Insurers including Aviva and Prudential have become the focus of media speculation in recent days, with traders worried they are over exposed to companies that may be unable to meet their obligations. Both have denied any need to raise fresh capital.
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.
