Articles by Harry Curtis
FCA staff walk out in first of three planned strikes
Staff at the Financial Conduct Authority have gone on strike in the first of three planned two-day walkouts over proposed changes to pay and conditions at the regulator.
Solvency II consultation moots 30% risk margin reduction for general insurers
The Treasury has launched a consultation on proposed changes to the UK’s Solvency II regime, which it says could “unlock tens of billions of pounds for long-term productive investments”.
Analysis: Unstable firms are falling off the Rock
Post looks at a series of insurer failures in Gibraltar – and asks what the future will look like for existing and new entrants.
Aviva's Amanda Blanc to co-chair Transition Plan Taskforce
Aviva CEO Amanda Blanc has been appointed as co-chair of the UK Transition Plan Taskforce, alongside the Economic Secretary to the Treasury John Glen MP.
Zurich charitable foundation joins with Unicef to raise funds for youth mental health
The Z Zurich Foundation and Unicef have launched a campaign to raise funds for programmes to support the mental health and psychosocial well-being of young refugees who have fled the war in Ukraine.
Cost of living crisis and pandemic push fair value to top of FCA's priorities
Ensuring that consumers affect by the cost of living crisis are treated fairly by insurance companies is a key area of focus for the Financial Conduct Authority, the regulator’s director of insurance and conduct specialists Matt Brewis told a policy…
Zurich chairman Liès to head IDF steering committee
The Insurance Development Forum has appointed Zurich chairman Michel M. Liès as chair of its steering committee.
Q&A: Tim Nagle, Miller
As Formula One heads to Imola for the the Emilia Romagna Grand Prix – the fourth of the season – Post speaks to Miller motorsports specialist Tim Nagle about the part insurance plays in the sport, and the impact of the longest ever race calendar in 2022.
FCA staff back strike action in Unite ballot
Staff at the Financial Conduct Authority have voted in favour of striking over proposed changes to pay and conditions, the trade union Unite has announced.
Q&A: Mark Bower-Dyke and Crescens George, Wiser Academy
Insurance specialist learning provider Wiser Academy recently gained an ‘Outstanding’ award from Ofsted. Crescens George, CEO, and Mark Bower-Dyke, chairman, tell Post about the importance of formal qualifications to gain entry to the industry, and their…
Mulsanne ordered to pay 60% of Marshmallow's costs following legal battle
Mulsanne has been ordered to pay 60% of the costs incurred by Marshmallow during a recent legal battle between the insurer and its former broker.
Trade credit insurers face 'elevated risk' from remaining trade with Russia, warns ratings agency
DBRS Morningstar has warned that trade credit insurers “should expect to deal with an inflow of credit default claims” as Russian buyers start missing payments as a result of the fallout of the war in Ukraine.
Charlotte Halkett appointed as Many Pets CUO
Many Pets, formerly known as Bought By Many, has appointed Charlotte Halkett to its newly-created chief underwriting officer.
Settlement reached in Besso 'secret profits' case
Long-running litigation between Besso and a group of Caribbean hotel and resort companies has ended in an out-of-court settlement.
Dual appoints European executive chairman to spearhead 'hire and acquire' strategy
Howden-owned managing general agent Dual has appointed Maurizio Ghilosso as executive chair of its European business.
Jensten Group launches retail brand as it restructures
Jensten Group has announced a restructure that will see it launch four new brands in the coming months, affording greater prominence to the Jensten name.
RSA's Norgrove promises broker service improvements
RSA UK and international CEO Ken Norgrove has promised to materially improve the insurer’s level of service to brokers by the end of the year, admitting that it had fallen short in recent years.
Tokio Marine voids 'fraudulently obtained' Greensill policies
Tokio Marine has accused Greensill of fraudulently obtaining insurance policies and said it will “vigorously defend any claims against it” under the policies it has now voided.
UK regulators are not 'lumbering' and should not mirror Bermuda, says Glen
Calls from the London market to reform the UK regulatory regime to more closely resemble that of, for example, Bermuda should be resisted, the Economic Secretary to the Treasury John Glen has said.
UK's first public insurtech Ondo expects to break even within two years
Ondo, which became the first UK insurtech to go public last week, expects to break even within the next two years, its CEO Craig Foster has told Post.
Motion for mandatory leasehold buildings insurance commissions disclosure tabled in parliament
An early day motion naming Reich and calling for regulated firms to be required to disclose leasehold buildings insurance commissions has been tabled in the House of Commons.
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.