Lloyd's insurer Hardy's stock price opened 9.7% down this morning after the company revealed higher Q1 catastrophe loss estimates.

Hardy announced that its loss estimate for Q1 catastrophes had increased to a range of £28m to £33m from a range of £21m to £26m.

Hardy's share price opened today at 254.50p, 9.7% down on yesterday's close of 281.75p. In early trading, the stock slipped to a low of 238.25p - 15.4% lower than yesterday's close.

However, the company's stock has since recovered, and was trading at 264.50 at 11am. This is 6.1% down on yesterday's close.

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.