Articles by Harry Curtis
RSA adopts trans-inclusive policy for UK staff
RSA has recently launched a new policy to support trans-identified and transitioning staff, and ensure their colleagues have the right tools and resources to be effective allies.
Insured value of aircraft facing seizure in Russia far lower than reported asset values, says Neal
The insured value of leased aircraft effectively impounded by Russian airlines is likely between 15% and 20% of the total asset values, Lloyd’s CEO John Neal has said.
Losses from 'major event' in Ukraine will take time to evaluate, says Neal as Lloyd's posts underwriting profit
The Russian invasion of Ukraine will be a major event for the insurance market but the losses will take a long time to evaluate, Lloyd’s CEO John Neal has said.
Verisk to launch investigation after conference photo met with criticism
Verisk is to launch an internal investigation and conduct a review of future trade show plans after it drew criticism for a photo shared on social media by one of its business unit leaders.
Market price increases not matching motor claims inflation, warns Sabre's Carter
Increases in the price of car insurance are not keeping pace with claims inflation, Sabre CEO Geoff Carter has warned.
Q&A: Nic Brown, Markel UK
At the start of 2022, Nic Brown took up the post of divisional director for Markel's UK broker channel. He speaks to Post about what Markel is hearing from brokers, and the insurer's strategy to continue driving the growth it has seen in recent years.
Ferma suspends Russian Risk Management Society's membership
The Federation of the European Risk Management Associations has suspended the membership of the Russian Risk Management Society in response to the invasion of Ukraine.
Lloyd’s fines Atrium record £1m for harassment and bullying charges
Lloyd’s managing agent Atrium has been fined a record £1.05m after it accepted three charges of misconduct by its employees, including senior executives.
Corbin & King judgment unlikely to curb BI aggregation legal actions
The Commercial Court’s findings with regard to quantum in the case of Corbin & King v Axa are unlikely to curb further litigation on questions of aggregation in business interruption claims, lawyers have told Post.
Analysis: Corbin & King £4.4m judgment tugs at BI claims door
The Corbin & King business interruption judgment has the potential to open up insurers to further and more costly claims, but with multiple factors at play there is no guarantee others will win out.
FCA 'considering' Corbin & King BI judgment impact
The Financial Conduct Authority is considering the impact of the recent legal judgment in the case between restaurant group Corbin & King and Axa.
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.