History

Brit Insurance enters the FTSE 250 Index.
£202m (net of expenses) of additional capital raised through an Open Offer and used to increase underwriting capacity.

Underwriting operations reorganised into three centres: Global Markets, Reinsurance and UK. A network of regional offices opens in the UK.
Awarded ‘Claims Team of the Year 2004’ (Insurance Day).
Commenced sponsorship of Surrey County Cricket Club and the Brit Insurance Oval.

Regional network completed with the opening of our Reading office.
Dane Douetil appointed Group Chief Executive Officer.
Raised £150m capital through subordinated bond issue to consolidate other debt and to increase underwriting capacity in 2006.

Lead investor of Norton Re, a Bermuda-based catastrophe retrocession underwriter.
Awarded ‘Company of the Year’ at the Insurance Day London Market Awards and the ‘Major Loss Award’ (British Insurance Awards) for our swift and effective response to the 2005 US windstorms.

Entered into a three year $200m catastrophe swap contract with Fremantle Limited. The transaction won the Credit Magazine’s 'Structured Cell' award.
Following the success of Norton Re, Norton Re II is launched, a larger investment vehicle.
Included in the FTSE4Good Index.
£50m share buy-back successfully completed.

Jonathan Turner appointed as Active Underwriter of Syndicate 2987 at Lloyd’s of London, managed by Brit Syndicates Limited.
A £7m investment is made in Xbridge – the leading online insurance and finance technology platform – giving us a 38% interest in the business.
Announce four year sponsorship with The Design Museum involving a new set of annual international awards – the Brit Insurance Design Awards – and a supporting exhibition, the Brit Insurance Designs of the Year.
Become the broadcast sponsor for Sky Sports’ domestic test match cricket for 2008 and 2009, including the Ashes series.

Established Brit Insurance Services USA in Chicago, to underwrite on behalf of the Group’s Lloyd's Syndicate 2987.
Established representative office in Tokyo to enhance the profile of Brit Reinsurance and business activities in the Japanese market.
Awarded the ‘Underwriter of the Year’ award at the British Insurance Awards for our Brit Lite proposition.
Awarded the ‘Best Reinsurance Company Underwriting Casualty’ award at Reactions London Market Awards.
Brit Insurance Holdings N.V. (the Company) became the new holding company of the Group. The company is incorporated in the Netherlands, and listed in the UK.

Opened a representative office in Sydney, Australia to provide local representative services initially for the Group’s reinsurance activities.
Became principal Team Sponsor in January of the England Cricket Men’s, Women’s, Lions, Disability and Under 19 teams.
Awarded ‘Industry Newcomer of the Year’ at the Business Continuity Awards 2010.
Small Commercial Combined underwriting awarded ‘Underwriting Team of the Year’ at the Underwriting Service Awards 2010.
Jonathan Mudd awarded ‘Young Underwriter of the Year’ at the Insurance Day London Market Awards 2010.
Recommended cash offer for the Group by Achilles Netherlands Holdings N.V.
Four year partnership agreement signed with Chance to Shine.

Expansion in the US with the acquisition of a public entity package team and office opening in Richmond Virginia
Partnership announced with Infosys to provide operational and IT services
Appointment of a new Non-Executive Director, Hans-Peter Gerhardt
Cash purchase by Achilles Netherlands Holdings B.V. for Brit Insurance completes