Centrica has confirmed it is in talks to sell roadside recovery business the AA.
The energy specialist bought the AA for £1.1bn in September 1999 and is now reportedly looking for bids in excess of £1.5bn for the business.
Centrica said it wanted to concentrate on its main utilities business, and has already sold its banking and credit card unit, Goldfish.
The company declined to comment on potential bidders, but said a statement on the sale would be issued in due course, if appropriate.
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.
