Wellington has seen its group underwriting profits surge 78% to £57.2m (HY 2004: £32.1m).

The insurer reported a net combined ratio of 82% and a return on equity of over 30%.

The insurer estimated a net loss of $75m from Hurricane Katrina, which it said is comparable to the net losses from the 2004 hurricanes.

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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