Articles by Harry Curtis
Reinsurers to continue to pay Russian claims, exposure limited: S&P
S&P Global Ratings expects global reinsurers will continue to pay claims arising in Russia, but said their exposure to the adverse effects of sanctions was limited.
Online Safety Bill expanded to include fraudulent pre-paid adverts
The government has amended the Online Safety Bill to expand its scope to include fraudulent paid-for advertising.
Regulators quizzed on authorisations and competitiveness by Lords committee
Prudential Regulation Authority CEO Sam Woods has said there is “probably” scope to authorise a greater number of insurance entities in response to questions from a House of Lords select committee about the proportionality of regulation faced by market…
UK's insurance sanctions on Russian companies to apply to existing and new business
Sanctions announced last week to bar Russian aviation and space companies from accessing the UK insurance market will apply to both current and new business, according to the Bank of England’s director of risk operations and general insurance Anna…
Lloyd's appoints Sara Gomez as chief people officer
Lloyd’s has appointed former Direct Line Group human resources director Sara Gomez as chief people officer with immediate effect.
FCA presses on with plans to scrap bonuses as it revises pay proposals
The Financial Conduct Authority has pressed on with plans to bring an end to performance-based bonuses for staff, prompting condemnation from the trade union Unite.
MGAA adds Brown and Morris to its board members
The Managing General Agents’ Association has added Harbour Underwriting managing director Sharon Brown and HDI Global Specialty’s UK director of underwriting for delegated authority William Morris to its board.
Optio appoints David Robinson as managing director
Specialty managing general agent Optio has appointed David Robinson as managing director.
Lloyd's appoints special advisor to boost investor access
Lloyd’s has appointed former Guy Carpenter executive Des Potter as a special advisor to chief financial officer and chief operating officer Burkhard Keese, with a focus on making it easier for investors to access Lloyd’s.
Corbin & King’s £4.4m victory against Axa opens insurers up to more and larger BI claims
The Commercial Court has ruled that Axa must indemnify restaurant group Corbin & King £4.36m for closures during the first year of the pandemic.
Ageas to announce series of distribution deals as it enters personal lines-only future
Ageas is set to unveil a series of new distribution deals throughout 2022 as it continues to double down on intermediated personal lines business following the sale of its commercial lines business to Axa last week.
Cladding campaigners seize on ABI hashtag to highlight 'extortionate' premiums
Leaseholders that have seen their buildings insurance premiums skyrocket as a result of the cladding crisis took to Twitter on Tuesday to highlight what they regard as extortionate practices on the part of the insurance sector.
Changes to Solvency II rules to free up 'meaningful amounts of capital', says Glen
The UK’s rewriting of Solvency II rules will result in the release of “meaningful amounts of capital for productive investment,” John Glen MP, the Economic Secretary to the Treasury, has said.
Loss adjusters and insurers see claims influx from succession of storms
Loss adjusters and insurers have been inundated with claims in the wake of Storm Eunice, which hit the UK on Friday.
Inflation impact to 'dominate' personal lines picture: Allianz's Holmes
Inflation will begin to dominate the personal lines rating environment in 2022 as the lingering impact of the pandemic on rates subsides, Allianz Holdings CEO Colm Holmes has said.
Somerset Bridge and Leave EU appeals against ICO penalties come to an end
Somerset Bridge and Leave EU’s appeals against penalties imposed by the Information Commissioner’s Office in 2019 have come to an end, the former withdrawing its appeal while the latter's was dismissed after it failed to attend a hearing earlier this…
Axa buys renewal rights to Ageas UK's commercial lines business
Axa has acquired the renewal rights to Ageas UK’s commercial lines business for an initial consideration of £47.5m.
High Court rules Marshmallow breached Toba and misused Mulsanne's confidential information
Marshmallow breached its obligations under a terms of business agreement with Mulsanne and misused Mulsanne’s confidential information in preparation to launch its own insurance company in January 2021, the High Court has ruled.
Four-day work week a 'natural step' for motor broker Igo4
Car insurance broker Igo4 has adopted a four-day working week, saying that it made the change out of a strong preference on the part of staff for flexible working that has been emphasised during the pandemic.
Beazley cautious on property business as it works to 'get arms around' climate change
Beazley has said that it will not seek to increase exposure in its property book in the immediate term, as it takes measures to enhance its ability to assess and price for the effects of climate change.
Floodflash to establish US presence following $15m venture capital raise
Floodflash has raised $15m (£11.1m) in a Series A funding round, which it intends to use to fuel its international expansion.
PIB fine-tunes management structure as it sets sights on rapid Europe expansion
PIB Group has made a number of changes to its management structure in anticipation of accelerated growth during the course of 2022.
FCA bolsters authorisations teams in effort to speed up approval process
The Financial Conduct Authority has added 95 staff in an effort to speed up its authorisations process against a backdrop of possible strike action.
Aubert appointed CEO of Howden France
Howden has appointed Nicolas Aubert as CEO of its operations in France as the broker continues to expand its European platform.