Insurance UK

  • July 01, 2026

    Capita Misses Civil Service Pension Deadline Fix, Union Says

    A trade union representing workers in the civil service has called on the government to intervene after claiming that Capita has missed a deadline to fix problems with the public sector pension program.

  • July 01, 2026

    Watchdog Reports More UK Pension Fund Consolidation

    The U.K. retirement savings watchdog said Tuesday that the number of workplace pension funds declined by 15% in 2025 and that it expects further consolidation in the market this year.

  • July 01, 2026

    Pensions Body Warns Of Funding Risk From Climate Change

    The U.K. pension sector needs to prepare for potentially severe financial risks from climate change, a trade body has warned.

  • July 01, 2026

    Pension Providers Urged To Focus On Dashboard Readiness

    U.K. pension providers have entered a "critical period" where they must ensure their systems, data and customer support functions are ready for public use, as a deadline approaches for the government-backed pensions dashboard project, an insurance technology company warned Wednesday.

  • July 01, 2026

    Generali Escapes €160M COVID Bill In Contract Tweak Row

    A group of businesses, including hotels and spas in the U.K. and Europe, cannot rectify an insurance contract agreed with Generali that would ultimately help them recover approximately €160 million ($182 million) in business interruption losses from the COVID-19 pandemic, a court has ruled.

  • July 01, 2026

    Sackers, Gowling Guide Music School On £35M Pension Deal

    The Associated Board of the Royal Schools of Music has completed a £35 million ($46.4 million) full buy-in to secure the retirement benefits of all 253 members of its U.K. retirement savings plan, Pension Insurance Corp. PLC said Wednesday.

  • June 30, 2026

    Motor Finance Borrowers Win In Group Claim Appeal

    Thousands of motorists can pursue claims against car finance providers as a group, a London appellate court affirmed Tuesday, saying that it was not an "irrelevant waste of time" to try lead cases to determine common issues between them.

  • June 30, 2026

    BoE, FCA To Jointly Regulate Systemic Stablecoin Issuers

    The Bank of England and the Financial Conduct Authority set out proposals Tuesday on how they will jointly regulate systemic stablecoin issuers in the U.K.

  • June 30, 2026

    Gov't Urged To Allow Pensions Wealth Use For Home Buying

    The government should consider reforms to allow Britons to use pension wealth to get on the property ladder, a consultancy said Tuesday, warning that those living in rented accommodation are more likely to face poverty in retirement.

  • June 30, 2026

    UK Finance Charter 'Boosts Gender Balance At 3 In 4 Firms'

    The government has helped drive a decade of progress in increasing female representation in senior leadership positions across the financial services sector, but achieving complete gender parity is still decades away, a review by HM Treasury indicated on Tuesday.

  • June 30, 2026

    Pension Compensation Fund's Illness Reforms Take Effect

    The U.K.'s pension compensation fund has rolled out changes that will mean that people suffering from a terminal illness receive benefits sooner.

  • June 30, 2026

    Freshfields Guides New MGA Platform On Underwriter Deal

    Global insurance intermediary ANV Group Holdings has agreed to acquire Assured Underwriting Group, a U.K. specialist managing general agent for the travel industry, to expand its European presence.

  • June 29, 2026

    FCA Finalizes Landmark Crypto Regime, Cuts Capital Rules

    The Financial Conduct Authority has slashed potential capital requirements for issuing stablecoins in its landmark crypto-assets regime that was finalized Tuesday, the biggest expansion of its regulatory power in over a decade.

  • June 29, 2026

    Insurers Paid Out £7.8B In Protection Claims In 2025

    Insurance companies paid out £7.8 billion ($10.3 billion) in claims to individuals and companies in 2025, down from the £8 billion released in 2024, new figures from the Association of British Insurers and Group Risk Development published Monday show.

  • June 29, 2026

    Reinsurers Warned On Catastrophe Losses As El Niño Hits

    Insurers could be hit with a jump in natural catastrophe losses over the next six years linked to warmer temperatures linked to El Niño, a ratings agency warned Monday.

  • June 29, 2026

    Cleary, Debevoise Lead Sixth Street Monument Re Stake Buy

    U.S. investment firm Sixth Street said Monday that it will buy a majority stake in Monument Re to support the long-term growth of the reinsurer.

  • June 29, 2026

    FCA Cuts Consumer Protection Rules For Overseas Insurance

    The City watchdog said on Monday that it will strip back consumer protection rules for cross-border insurance business written in London.

  • June 26, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Michelle Mone sued by PPE Medpro, Broadfield Law sued by the founders of an international aid company, and litigation funder Fortress bring a claim against Edwin Coe and businesses the law firm represented in a cartel claim.

  • June 26, 2026

    FCA Sets Out Expectations For Retail Customer Engagement

    The Financial Conduct Authority set out Friday its expectations on how stockbrokers, investment platforms and trading apps should engage with retail customers and enable them to vote.

  • June 26, 2026

    Pensions Body Calls For Auto Enrollment Increase To 12%

    An influential retirement savings trade group said the minimum pension contribution level under automatic enrollment should rise from 8% to 12% to address growing concerns that Britons are not saving enough.

  • June 26, 2026

    Trade Group Calls For Pension Tax Breaks Tied To Investment

    Members of pension plans should receive billions of pounds in government tax relief only if more of their retirement savings are invested in U.K. companies to revive economic growth, a trade group has said.

  • June 26, 2026

    EU Council Agrees To Workplace Pension Framework Plan

    The European Union said Friday that the bloc's governments have agreed to reform its workplace pension rules, advancing plans aimed at improving retirement savings, encouraging cross-border pension activity and channeling more investment into its economy.

  • June 26, 2026

    Osborne Clarke Guides XPS Pensions In Buy Of Up To £16.3M

    London-listed XPS Pensions Group said Friday that it will buy U.K. actuarial consultancy Austin Professional Resourcing for up to £16.3 million ($22 million) in order to expand its business.

  • June 26, 2026

    Gov't Sets Out State Pension Comms Plan After WASPI Fallout

    The U.K. government has said it will develop a communications strategy to provide accessible and targeted information on the state pension age in response to a report that found it failed to properly set out legislative changes to women's state pension age.

  • June 25, 2026

    Pensions Watchdog Pushes Trustees To Ready For New Rules

    The Pensions Regulator said Thursday that managers of workplace retirement savings plans should assess now whether they can comply with new measures due to be introduced in 2026.

Expert Analysis

  • How Firms Can Prepare For Increasing AI-Cybersecurity Risks

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    The growing convergence between cybersecurity and artificial intelligence means that businesses need to recognize the breadth of the threat, and conduct repeated testing and adjustment to address the shifting risk landscape, say lawyers at Debevoise.

  • Series

    Practice Leader Insights From Mayer Brown's Miriam Bruce

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    Miriam Bruce, Mayer Brown's head of business protection, discusses how being promoted on the eve of the pandemic was a baptism of fire in leadership, the challenges of multidimensional disputes, and why lawyers should invest in relationships, not just technical knowledge.

  • Nonequity Partner Tier Presents Lawyers With Pros And Cons

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    While the nonequity partner model may offer law firms' management flexibility and be a genuine stepping stone for lawyers in some organizations, at others the tier functions more as an extended holding pattern whose uncertainty can cause frustration for ambitious lawyers, say Filippo Falchi and Portia White at Major Lindsey.

  • AI Deals Call For Tailored Approach To Address Hidden Risks

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    As artificial intelligence deals continue to advance, they raise complex intellectual property questions with hard-to-verify technical facts that require a different approach to due diligence, risk allocation and execution, say lawyers at Katten.

  • EU Directive Recalibrates States' Anti-Corruption Landscape

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    The European Union's recently adopted anti-corruption directive does not transform compliance requirements overnight, but it will establish a minimum harmonization framework addressing substantive offenses, corporate liability and sanction levels across member states once national legislation is in place, say Katharina Humphrey, Karla Böltz and Maximilian Schach at Gibson Dunn.

  • Easing Of UK Stablecoin Rules Will Encourage Crypto Growth

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    The Bank of England’s recent decision to relax parts of its proposed framework for sterling-backed stablecoins balances innovation with financial stability, and will help the U.K. remain competitive with crypto markets across the globe, says Thomas Cattee at Gherson.

  • Series

    Studying Foreign Languages Makes Me A Better Lawyer

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    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

  • Reflecting On The UK Senior Managers Regime 10 Years On

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    While the ongoing changes to the senior managers and certification regime to streamline processes and remove certain restrictions are welcome, the scheme has worked well overall since its 2016 inauguration, and firms’ compliance and risk management-thinking have shown a marked improvement, say lawyers at Faegre Drinker.

  • How Anthropic's Mythos May Upend Defense Cyber Rules

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    Anthropic’s recent announcement that Claude Mythos, an AI general-purpose language model, could soon enable virtually anyone to exploit vulnerabilities in major web browsers and operating systems marks an imminent increase in threat levels that current defense cybersecurity regulations were not designed to navigate, say attorneys at Fluet.

  • Lessons From ESMA's Record €1.4M Trade Repository Fine

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    The European Securities and Markets Authority's recent fine against REGIS-TR for data and procedure breaches under Market Infrastructure and Securities Financing Regulations demonstrates that a license confers no immunity from sanctions, and that dually registered trade repositories face a greater financial exposure in the event of noncompliance, say lawyers at White & Case.

  • Why SRA Is Cracking Down On 'No Win, No Fee' Law Firms

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    Harriet Gamper at the Solicitors Regulation Authority discusses the regulator’s recent warning notice concerning "no win, no fee" arrangements in high-volume consumer claims, aimed at offering lawyers clarity in understanding their obligations following findings that many law firms were failing in their duty to protect clients' best interests.

  • How UK Securitization Reforms Will Affect Industry

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    The Prudential Regulation Authority’s recent proposals to reform securitization requirements will offer greater structuring flexibility, reduced operational complexity and lower compliance costs, although with the rationale for imposing stand-alone obligations on institutional investors not clear, dissenting voices are likely, say lawyers at Skadden.

  • Striking A Balance Between AI Innovation And Regulation

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    The Financial Conduct Authority's recent consultation on the impact of artificial intelligence on financial services highlights the debate between regulators, the government and industry over whether current regulatory frameworks can balance innovation with risk management, say lawyers at Womble Bond.

  • FCA Enforcement Newsletter Reflects Shift Toward Openness

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    The Financial Conduct Authority’s inaugural Enforcement Watch newsletter provides clarity on the cases the regulator is opening and highlights its approach to early communication of enforcement activity, offering a welcome insight into its emerging priorities, says David Hamilton at Howard Kennedy.

  • FCA's Investment Regime May Prove A Double-Edged Sword

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    The Financial Conduct Authority’s final rules on consumer composite investments intend to support retail investors in making more informed decisions while affording firms greater flexibility, but continuing with opaque methodologies will require greater operational and compliance effort in the short term, say lawyers at Fried Frank.

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