Bermuda-based reinsurer IPC Holdings has posted profits of $73.6m for the first quarter of 2004. The figure is up 9% on the first quarter results in 2003.
Gross written premiums increased 9.5% to $210.2m from $19.85m in 2003.
The company’s combined ratio went up slightly when compared with the 2003 result, climbing from 31.3% to 33.9%.
President and chief executive Jim Bryce said the results reflected several factors, including “satisfactory pricing levels in a generally healthy market”.
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.
