Insurance UK

  • October 21, 2025

    Ship Owner Fights Amlin's Use Of 'Draconian' Pay First Clause

    The owner of a grounded cargo vessel told a London appeals court Tuesday that MS Amlin Marine NV should have to provide cover over the incident, because a "Draconian" clause that would allow the insurer to escape paying up was buried away in the contract.

  • October 21, 2025

    UK Pensions Body Calls For Long-Term Tax Policy

    The government must commit to long-term policy on pension tax relief, an influential trade body said Tuesday, warning that mounting uncertainty every year around the Budget was harming consumer confidence.

  • October 21, 2025

    KKR, Quadrantis Buy Minority Stake In Peak Re

    U.S. private equity business KKR and Portuguese venture capitalists Quadrantis said Tuesday that they will take a 15% stake in Hong Kong reinsurer Peak Re to help its global growth.

  • October 20, 2025

    Broker JMG Group Buys Another UK Insurance Co.

    JMG Group has bought Glasgow-headquartered broker Taveo Group Ltd. in another acquisition announced by the Yorkshire-based insurance broking group as it continues its U.K. expansion.

  • October 20, 2025

    Trustees Urged To Boost Defenses As Cyberattacks Rise

    Trustees overseeing pension programs should urgently reassess their cybersecurity and fraud defenses amid a sharp rise in "nationally significant" cyberattacks, a U.K. consulting company has warned.

  • October 20, 2025

    UK Gov't Strikes New Deal With Pension Funds On Investment

    The government launched a club of the U.K.'s 20 largest pension funds and insurers on Monday, part of a wider push to drum up investment for economic growth.

  • October 20, 2025

    MPs To Probe Pension Erosion Amid Inflation Concerns

    Former employees of multinationals such as Hewlett Packard and American Express will tell MPs this week about how their pension income has been eroded by a failure to keep pace with the cost of living. 

  • October 20, 2025

    FCA Flags Money Laundering Risks At Corporate Finance Cos.

    One in 10 corporate finance companies has no documented business-wide risk assessment, the City watchdog said Monday, warning that many organizations might be falling short of money laundering standards.

  • October 17, 2025

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

    This past week in London has seen Johnson & Johnson hit with a £1 billion ($1.34 billion) claim for allegedly selling contaminated baby powder, Carter-Ruck bring a claim against the Solicitors Regulation Authority, and Hewlett Packard file a probate claim against the estate of Mike Lynch.

  • October 17, 2025

    Global Watchdog Calls On Countries To Monitor Crypto Better

    An international securities watchdog called on countries Friday to monitor risks in crypto-assets and share regulatory information better across borders.

  • October 17, 2025

    Civil Service Pension Administrator Denies Union Recognition

    The organization managing a pension fund for civil servants has told MPs that it has never officially recognized a staff union, even as it prepares to hand over the reins to private sector giant Capita.

  • October 17, 2025

    UK Local Gov't Pension Funding Soars Ahead Of Reforms

    The U.K.'s sprawling municipal retirement plan is now worth an estimated £450 billion ($604 billion), a consultancy said Friday, ahead of government plans to consolidate the highly fragmented scheme into several pension mega-funds.

  • October 17, 2025

    FCA's Tokenization Plan May Heighten Financial Crime Risk

    The Financial Conduct Authority's planned tokenization regime to help asset managers trade investment funds as digital assets could expose investors to financial criminals lurking in crypto-markets, with the regulator's "targeted support" rules multiplying the risk, lawyers have warned.

  • October 17, 2025

    Chancellor Launches Service To Support Overseas Investors

    HM Treasury said Friday that it has launched a free "concierge" service in partnership with finance regulators to remove barriers for global firms investing in U.K. financial services.

  • October 17, 2025

    Freshfields-Led Vienna Insurer To Buy German Rival For €1.4B

    Vienna Insurance Group has agreed to acquire all the shares of its German rival Nürnberger Beteiligungs AG for €1.38 billion ($1.61 billion) in a move to strengthen its position in Central Europe.

  • October 16, 2025

    Insurers Settle Bid To Arbitrate $7M La. Hurricane Ida Case

    A group of domestic and foreign insurers including underwriters at Lloyd's of London have asked a Louisiana federal judge to dismiss their lawsuit seeking an order to arbitrate a $7 million Hurricane Ida damage claim, saying they have settled the dispute.

  • October 16, 2025

    CMA Calls For Reforms To UK Veterinary Market

    The U.K.'s competition watchdog has called on the £6.3 billion ($8.5 billion) veterinary services market to provide better information on prices after a spike in insurance claims at major players drove up costs, despite no evidence of better services.

  • October 16, 2025

    Axa Teams With Insurtech For Embedded Insurance Project

    An Axa unit and insurance technology firm Bolttech have launched a long-term partnership to grow their presence in the rapidly growing embedded insurance sector across the U.K. and Europe.

  • October 16, 2025

    Insurers Pay Into $340M UN-Backed Fund For Developing States

    Insurers have contributed to a $340 million fund for infrastructure projects in developing countries, an industry body said Thursday, as part of a United Nations-backed program to close the global protection gap.

  • October 16, 2025

    Marsh Unit Warns Against Mandating Pension Investments

    Pension funds must be primarily focused on getting the best income in retirement for their members rather than propping up the national economy, a unit of insurance giant Marsh McLennan warned.

  • October 16, 2025

    UK Pension Funds Double Investment In Private Economy

    Pension schemes have doubled their investment in private companies to £1.6 billion ($2.15 billion) in one year as part of their commitment to allocate a greater portion of their funds to investing in privately held companies, the Association of British Insurers said Thursday.

  • October 15, 2025

    Reinsurers Deny Liability To Chubb Over Bill For Aircraft Loss

    Reinsurers including AIG and AXA have denied liability for Chubb's $5.7 million bill to aircraft lessors for losses caused by Russia's invasion of Ukraine, saying Chubb's losses were not caused by any failure by the reinsurers to indemnify the lessors.

  • October 15, 2025

    Pension Run-On Could Generate Millions For UK Businesses

    Businesses could see a multimillion-pound boost from allowing their pension schemes to continue generating investment returns rather than rushing into offloading liabilities to an insurer, a consultancy said Wednesday.

  • October 15, 2025

    London Insurers Push For Growth-Friendly Regulation

    Lawmakers and policy officials must regularly review how Britain's regulators are fulfilling their competitiveness objective to make good on their growth mandates, a trade body for the insurance sector said.

  • October 15, 2025

    FSCS To Protect 16,000 Policyholders After Insurer Fails

    The Financial Services Compensation Scheme said it will step in to protect 16,000 U.K. policyholders and small business owners, after Gibraltar-based Premier Insurance Company Ltd. collapsed.

Expert Analysis

  • 3 Ways To Leverage Vulnerability For Lawyer Well-Being

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    Admitting to imperfection is an elusive construct in the legal industry, but addressing this roadblock by capitalizing on vulnerabilities can increase personal and professional power, says life coach and attorney Julie Krolczyk.

  • Zurich Case Brings Clarity To Complex Contempt Proceedings

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    The U.K. Court of Appeal's recent decision in Zurich v. Romaine provides insight into the meaning of "in the public interest" in the context of bringing contempt proceedings against a party or witness who verifies false claims, says Matt Peacock of Signature Litigation.

  • What A No-Deal Brexit Would Mean For Dispute Resolution

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    In the event of a no-deal Brexit, arbitration may become a more attractive option as a dispute resolution mechanism, as it offers relatively easy enforcement and clauses that could negate some uncertainty caused by Brexit, says Donna Goldsworthy of BDB Pitmans.

  • The Problem — And Opportunity — Of Implicit Bias In The Bar

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    Law firms are beginning to recognize implicit bias as a problem. But too few recognize that it is also an opportunity to broaden our thinking and become better legal problem solvers, says Daniel Karon of Karon LLC.

  • Roundup

    Pursuing Wellness

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    In this Expert Analysis series, leaders at some of the law firms that committed to the American Bar Association's 2018 pledge to improve mental health and well-being in the legal industry explain how they put certain elements of the initiative into action.

  • Series

    Why I Became A Lawyer: Expanding The Meaning Of Diversity

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    My conservative, Catholic parents never skipped a beat when accepting that I was gay, and encouraged me to follow my dreams wherever they might lead. But I did not expect they would lead to the law, until I met an inspiring college professor, says James Holmes of Clyde & Co.

  • 2 Perspectives On Navigating The Litigation Funding Process

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    Paul Martenstyn of Vannin Capital and Daniel Spendlove of Signature Litigation share their top tips on how to get a case funded, drawing from their respective experience as a funder and a lawyer.

  • Answers To Key Legal Finance Ethics Questions

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    While there is discussion in some quarters about new regulations on commercial legal finance, the hands-off approach taken by the majority of courts and legislatures is an implicit recognition that it is already sufficiently regulated, says Danielle Cutrona of Burford Capital.

  • Competing Legal Factors Vex Insurance Arbitration Disputes

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    The Fifth Circuit ruled in May that international arbitration policy trumped state insurance law in McDonnel Group v. Great Lakes Insurance. But the courts have been inconsistent in applying conformity-to-statute clauses, the McCarran-Ferguson Act and a related U.S. treaty in the battle between federal preemption and state reverse preemption, says Gilbert Samberg at Mintz.

  • Cannabis Investors Should Beware Money Laundering Risk

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    Even if marijuana-related businesses are in compliance with local laws, their investors are not free of legal risk so long as cannabis remains a controlled drug in other countries, such as the U.K., say Robert Dalling and Wade Thomson of Jenner & Block.

  • Real-Life Lessons For Lawyers From 'Game Of Thrones'

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    What lessons can the various hands, maesters, council members and other advisers in "Game of Thrones" impart to real-life lawyers? Quite a few, if we assume that the Model Rules of Professional Conduct were adopted by the Seven Kingdoms, says Edward Reich of Dentons.

  • UK Firms Should Be Prepared For Government Raids

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    Recent enforcement activity from the Financial Conduct Authority and other regulators highlight the penalties firms face for procedural breaches, and the value in ensuring that employees are well-equipped to handle unannounced inspections, say James Marshall and Sonja Hainsworth of Bryan Cave.

  • Series

    Why I Became A Lawyer: Completing The Journey Home

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    My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.

  • 3 Insurance Issues Raised By The Notre Dame Cathedral Fire

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    The devastating Notre Dame Cathedral fire provides a rare opportunity to consider the many unique factors that owners and insurers must consider when insuring national treasures, say attorneys at Zelle.

  • Where The Post-Libor Litigation Tsunami Will Hit

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    The permanent cessation of the Libor rate in 2021 will likely trigger a flood of litigation over many existing contracts that lack effective replacements. Marc Gottridge of Hogan Lovells identifies the types of products that may be most susceptible to disputes.

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