Swiss Re said shareholders at its EGM have approved the creation of additional capital needed to finance its previously announced acquisition of GE Insurance Solutions from General Electric.

In addition, John Coomber, former CEO of Swiss Re, and Dennis Dammerman, previously vice chairman of the board of GE, were elected to Swiss Re's board of directors.

GE will become Swiss Re's largest shareholder, owning between 10-13% of Swiss Re's share capital once the deal is closed.

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.