Standard & Poor's said it lowered four pi ratings and gave two new pi ratings to non-life insurance companies during December.

Pi insurer financial strength ratings are based purely on information available in the public domain, said the ratings agency.

The two companies to receive new ratings were Alm Brand Forsikring AS, Denmark, and Fair Forsikring AS, Denmark, which were both given BBpi (marginal) ratings.

Generali Versicherung AG, Austria, Interunfall Versicherung AG, Austria and Italiana Assicurazoni SpA, Italy, all had their ratings lowered from BBBpi (good) to BBpi (marginal). Provinzial Nord Brandkasse AG, Germany had its rating lowered from Api (strong) to BBBpi (good).

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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