Insurance UK

  • September 29, 2025

    Most Investors Fear Greenwashing In ESG Investments

    A financial services trade body said Monday it has discovered that most private investors are concerned about greenwashing in investments and even more prioritize performance over sustainability. 

  • September 29, 2025

    Fund Managers Push EU Watchdog To End Double Reporting

    A trade body for European fund managers urged Europe's markets watchdog on Monday to remove dual-sided reporting of derivatives and loans in its planned simplification of reporting on financial transactions.

  • September 29, 2025

    Marsh Sells Ireland Personal Lines Business To Cornmarket

    Insurance giant Marsh McLennan has sold its Ireland personal lines insurance business to Cornmarket, the Belfast-based broker has said.

  • September 29, 2025

    Investment Biz Helios To Return £7.3M To Shareholders

    Helios Underwriting PLC said Monday that it plans to launch a share buyback worth up to approximately £7.3 million ($9.8 million) as the insurance industry investment vehicle noted the strong performance of the Lloyd's specialist market.

  • September 26, 2025

    FCA Proposes Rule Changes To Allow Targeted Support

    The Financial Conduct Authority proposed rule changes Friday to align its proposed "targeted support" with existing rules, including senior manager accountability.

  • September 26, 2025

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

    This past week in London has seen Sanjeev Gupta’s Liberty OneSteel sue its collapsed former lender Greensill Capital, television personality Janice Dickinson hit ITV with a personal injury claim after falling over while appearing on “I’m a Celeb …”, and energy investor Blasket bring fresh litigation against Spain amid a row over a $416 million arbitration award. Here, Law360 looks at these and other new claims in the U.K.

  • September 26, 2025

    Report Urges Pension Reform To Boost UK Equity Investment

    U.K. pension funds' retreat from domestic stocks is undermining the country's economy, but reforms could channel up to £100 billion ($134 billion) into the stock market by the end of the decade, a report has claimed.

  • September 26, 2025

    FCA Warns Public About Unregulated High-Risk Investments

    Britain's financial regulator on Friday warned the public against investing in high-risk schemes being offered by unregulated firms without truly weighing the risks.

  • September 26, 2025

    Formula 1 Bosses To Tackle Rising Motorsport Insurance Cost

    The world governing body of Formula 1 has formed a task force to assess the reasons behind the soaring insurance costs associated with motor sport.  

  • September 26, 2025

    UK-Bermuda Target Sanctions Evasion With £300K New Funds

    The U.K.'s minister of state for the overseas territories has pledged up to £300,000 ($402,000) this financial year to bolster the sanctions capacity of Bermuda, a self-governing territory that has so far frozen over $200 million in assets.

  • September 25, 2025

    Gov't Warns Of Tax Hit From Pre-Budget Pension Withdrawals

    British pension savers that pull cash out of their retirement pots due to pre-Budget jitters will eat into a portion of their tax-free allowance, even if they later change their mind and cancel the withdrawal, the government confirmed Thursday.

  • September 25, 2025

    Oakley Capital Launches Euro Insurance Services Platform

    Private equity company Oakley Capital said Thursday it has launched an insurance services platform to consolidate companies in southern Europe.

  • September 25, 2025

    EU Leans On 11 Countries To Implement New AML Rules

    The European Commission said Thursday that it is taking the first step toward legal action against 11 European Union countries over their failure to meet a deadline to start implementing new anti-money laundering rules.

  • September 25, 2025

    Linklaters Guides BP Scheme On £1.6B Pension Mega Deal

    Energy giant BP has offloaded £1.6 billion ($2.1 billion) of its pension liabilities to Legal & General Assurance Society Ltd., the insurer said Thursday, in a deal guided by Linklaters LLP, Macfarlanes LLP and DLA Piper.

  • September 25, 2025

    Trade Body Urges Patience On Canada-Style Pension Reform

    The U.K. must be patient and allow time for plans to consolidate public sector pension arrangements rather than rush to emulate a Canadian model for retirement savings, Pensions UK has said.

  • September 24, 2025

    Chubb Blames Reinsurers For $5.7M Aircraft Loss Bill

    Chubb has urged the High Court to force a group of war risk reinsurers to cover the $5.7 million it owes to aircraft lessors, arguing that the reinsurers are liable under a landmark court order determining the fate of planes stranded in Russia.

  • September 24, 2025

    Ransomware Gangs Shift Focus To Small Biz, Insurer Warns

    Insurers have seen a sharp decline in payouts from cyberattacks in the first half of the year, as hackers turn their attentions on smaller, more vulnerable businesses, Allianz said Wednesday.

  • September 24, 2025

    FCA Faces Legal Challenge Over Bond Data Contract Award

    The Financial Conduct Authority said Wednesday that it has received a legal challenge to its decision to award a contract for the bond consolidated tape provider, delaying the regulator's contract with the successful bidder.

  • September 24, 2025

    Ship Co. Seeks $5M Payout For Vessel Hit By Houthi Rockets

    A shipping company has told a London court that its insurer can't avoid a $5 million payout to cover a vessel that was sunk by Yemen-based Houthi rebels, arguing the attack did not fall under a war exemption.

  • September 24, 2025

    'Muted' Start For Pension Deals As Market Falls To £9.8B

    The value of pension transactions in the first half of the year fell by around 41% compared to the same period last year, a consultancy said Wednesday, describing it as a "muted" start for the normally busy bulk annuity market.

  • September 24, 2025

    Gowling Guides Trustees On £160M Portakabin Pension Deal

    U.K.-based modular building provider Portakabin Ltd. has completed a £160 million ($215.5 million) full-scheme buy-in of its pension plan with Aviva PLC, the insurance giant said Wednesday.

  • September 24, 2025

    Tokio Marine Updates Cyber-Products Amid Evolving Threat

    Global insurer Tokio Marine Kiln said it has expanded the range of cyber-insurance products it offers to meet what it called the evolving threat of digital criminals.

  • September 23, 2025

    UK Pension Deal Market Set To Top £40B For Third Year

    The U.K. pension insurance market is set for another record year, with transaction numbers expected to hit 350 and total buy-in and buy-out volumes forecast to exceed £40 billion ($54 billion), consultancy Lane Clark & Peacock said Tuesday.

  • September 23, 2025

    CORRECTED: DWF Expands Injury Practice With 28 Hires From Kennedys

    DWF LLP said Tuesday that it has taken on 29 new recruits in London and Leeds to strengthen its major injury and casualty practice, with almost the entire intake joining from Kennedys Law LLP.

  • September 23, 2025

    Mayer Brown Steers £61M Royal London Pension Deal

    Mutual life insurer Royal London said Tuesday it has taken on retirement scheme liabilities worth £61 million ($82.5 million) from a pension plan sponsored by a renewable products company, in a deal guided by Mayer Brown LLP and Burges Salmon LLP.

Expert Analysis

  • 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.

  • Despite Decline In Cyberattacks, UK Cos. Should Stay Vigilant

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    The U.K. Department for Digital, Culture, Media and Sport's latest cybersecurity survey shows that U.K. cyberattacks have decreased in the last 12 months, likely thanks in part to the General Data Protection Regulation. But companies' cybersecurity efforts should continue to evolve, say experts at PriceWaterhouseCoopers.

  • UK Antitrust Watchdog Proposals Would Bolster Enforcement

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    The U.K. Competition and Markets Authority's proposals for reshaping competition enforcement and consumer protection would shift the historical balance in U.K. competition policy, increasing regulatory burden on companies while weakening judicial scrutiny of CMA actions, says Bill Batchelor of Skadden.

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