Standard & Poor's has placed Zurich Specialities London's A long-term counterparty credit and insurer financial strength ratings on CreditWatch with negative implications.
Standard & Poor's credit analyst Paul Oates said: "The action follows significant prior-year reserve strengthening, which has been included in the company's third-quarter results."
The ratings service said it expected to resolve the CreditWatch placement by the end of the first quarter of 2004, once it had had the opportunity to conduct a detailed analysis of the reserve increase as well as further discussions of the implications of the increase with Zurich Specialities London's management.
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.
