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Insurance UK
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January 15, 2026
BoE To Streamline Big Firms' Risk Reviews With 2-Year Cycle
The regulatory body of the Bank of England said Thursday that larger businesses will have to attend formal risk reviews only every two years as it moves to streamline their supervision.
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January 15, 2026
Pensions Co. Vidett Acquires London Governance Biz
Governance and pensions services provider Vidett has acquired Bridgehouse Company Secretaries, an outsourced corporate governance business, as it strengthens its position in an evolving corporate services market.
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January 14, 2026
City Council Sues Hermes Over Gamble On Wind Farms
A Scottish local authority is suing the managers of its pension fund at the High Court over a decision to invest £104 million ($140 million) in a "highly risky" portfolio of Swedish wind farms that led to substantial losses.
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January 14, 2026
UK, EU Ink MoU On Overseeing Third-Party Service Providers
British and European regulators will coordinate regulation of third-party service providers in the financial sector to guard against market disruptions, according to a memorandum of understanding published Wednesday.
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January 14, 2026
New TPR Chair Floats 'Rule-Making' Powers For Watchdog
The Pensions Regulator should be granted new rule-making powers similar in scope to the Financial Conduct Authority, the incoming chair of the watchdog told MPs on Wednesday.
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January 14, 2026
FRC To Continue Removing 'Unnecessary' Business Burdens
Britain's accounting watchdog said Wednesday it will continue its efforts to reduce "unnecessary" reporting and regulatory requirements on businesses as part of its broader bid to support growth in the U.K.
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January 14, 2026
UK Travel Insurance Complaints Surge 60%
Complaints over travel insurance in the U.K. rose to 1,390 in the third quarter of 2025, up by more than 58% year-on-year, an industry tracker said Tuesday.
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January 14, 2026
Osborne Clarke Steers £35M Pension Deal For Ferry Co.
A transport company has offloaded £35 million ($47 million) of its pension plan liabilities to insurer Just Group PLC in a deal steered by Osborne Clarke.
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January 13, 2026
Insurer Beats $1.3M Claim Over Ship Master's Incompetence
The owners of a bulk carrier cannot recover $1.27 million from a cargo insurer over a grounding off Turkey, after a court ruled that the vessel was unseaworthy due to the incompetence of the ship's master.
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January 13, 2026
PE Firm Inflexion Launches Insurance Broker Platform
European private equity company Inflexion said Tuesday that it has launched an insurance broker platform after it bought U.K. regional broker Ascend.
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January 13, 2026
Pensions Body Warns MPs Over 'Salary Sacrifice' Reforms
The government's plan to cap salary sacrifice arrangements will pile additional costs on businesses and deter additional pensions saving, a trade body has warned lawmakers.
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January 13, 2026
Nexus Underwriting Acquires UK Medical Travel Insurer
Nexus Underwriting has bought Sure Insurance Services Ltd., a U.K. broker for specialist medical insurance, as the specialty underwriter continues its expansion strategy via acquisitions of niche managing general agents.
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January 13, 2026
Allianz To Adopt Anthropic AI Tools Under Partnership
Allianz SE has said that it has struck a deal with Anthropic to speed up the adoption of artificial intelligence at the German insurer, making it the latest company in the sector to turn to the new technology.
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January 13, 2026
Pinsent Masons Guides £213M Pension Deal For Siemens
Pension Insurance Corp. PLC said Tuesday it has concluded a £213 million ($287 million) full scheme buy-in to secure the retirement benefits for the U.K. employees of global medical technology group Siemens Healthineers AG.
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January 13, 2026
FCA Kick-Starts New 'Name And Shame' Enforcement Tactic
The Financial Conduct Authority has begun 2026 with a clear sign that it will use its newly won power to "name and shame" companies under investigation for suspected misconduct as it seeks to bolster protection for consumers.
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January 12, 2026
FCA Warns Wealth Managers Sell ETPs To Wrong Consumers
The Financial Conduct Authority said Monday that investment businesses are failing to test consumers' knowledge adequately before selling them complex exchange-traded products without advice.
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January 12, 2026
'Stark Mismatch' Between Pension Expectations And Reality
Millions of Britons are on course for retirement with significantly lower income than what the industry considers to be adequate, a pensions provider has said.
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January 12, 2026
MPs To Grill Prospective Pensions Watchdog Chair
The government's pick for the new chair of the U.K. pensions watchdog will be quizzed on whether years of regulatory caution was to blame for the decline of final salary-type retirement plans.
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January 12, 2026
Pensions Body Presses Lords On Retiree Inflation Payments
A pressure group has called on members of the House of Lords to back reforms that would see arrears payments made to retirees previously denied inflation-linked pension increases.
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January 12, 2026
Dashboard Project To Set Up Group For Private Sector Portals
The organization behind the pensions dashboard project has set out plans to establish a working group to help private sector companies connect to the long-awaited system.
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January 09, 2026
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen a collapsed investment firm revive a $15 million dispute with a hedge fund, major Hollywood studios bring an IP claim against the U.K.'s largest internet providers over illegal streaming, and the Department of Health and Social Care sue the law firm and barrister representing it in a pharma competition damages case.
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January 09, 2026
EU Sets New Risk-Based Rules For National Regulators
The European Union's financial markets regulator on Friday published new risk-based supervisory principles for national watchdogs, simplifying and cutting their workload.
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January 09, 2026
ASR Nederland To Buy Bovemij's Insurance Arm For €185M
Dutch insurer ASR Nederland NV said Thursday it has agreed to acquire the insurance operations of Bovemij NV, a local provider of transportation cover, for €185 million ($248.5 million) in cash.
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January 09, 2026
UK Private Funds Pose Stability Risk, Lords Committee Warns
A House of Lords committee warned Friday of risks to financial stability from the $185 billion in U.K. private market funds connected with banking and insurance.
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January 09, 2026
Insurance Body Backs UK Plans For Pension Evaluation
Britain's insurance trade body has endorsed new proposals by the government and regulators to overhaul how workplace defined contribution pensions are evaluated, arming savers with better information on performance.
Expert Analysis
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Dissecting Recent Developments Against The Misuse Of NDAs
The U.K. government's recent plans to nullify nondisclosure agreements that prevent victims from reporting crimes should remind lawyers to proactively consider the necessity of such agreements, especially in light of the Solicitors Regulation Authority's warning notice on drafting improper NDAs, say Clare Davis and Macaela Joyes at RPC.
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What To Know About The Russia-Stranded Plane Ruling
The High Court's recent decision in Zephyrus Capital Aviation v. Fidelis Underwriting, rejecting reinsurers' U.K. jurisdiction challenges in claims over stranded planes in Russia, has broad implications for cross-border litigation involving exclusive jurisdiction clauses, says Samantha Zaozirny at Browne Jacobson.
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3 Notable Pensions Reforms In Spring Budget
The U.K. government’s spring budget introduced reforms to improve pension outcomes through the value for money framework and the lifetime provider model, as well as to encourage investments in Britain — three interlinked areas that could pressure trustees and providers to rethink how they approach investments, say Liz Ramsaran and Marcus Fink at DWF.
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UK Arbitration Ruling Offers Tips On Quelling Bias Concerns
An English court's recent decision in H1 v. W to remove an arbitrator because of impartiality concerns offers several lessons on mitigating bias, including striking a balance between arbitration experience and knowledge of a particular industry, and highlights the importance of careful arbitrator appointment, says Paul-Raphael Shehadeh at Duane Morris.
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Bias Ruling Offers Guidance On Disqualifying Arbitrators
An English court's recent decision in H1 v. W, removing an arbitrator due to bias concerns, reaffirms practical considerations when assessing an arbitrator's impartiality, and highlights how ill-chosen language by an arbitrator can clear the high bar for disqualification, say Andrew Connelly and Ian Meredith at K&L Gates.
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Insurance Policy Takeaways From UK Lockdown Loss Ruling
An English court's recent decision in Unipolsai v. Covea, determining that insurers' losses from COVID-19 lockdowns were covered by reinsurance, highlights key issues on insurance policy wordings, including how to define a "catastrophe" in the context of the pandemic, says Daniel Healy at Brown Rudnick.
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What COVID Payout Ruling Means For Lockdown Loss Claims
While the High Court's recent COVID-19 payout decision in Gatwick v. Liberty Mutual, holding that pandemic-related regulations trigger prevention of access clauses, will likely lead to insurers accepting more business interruption claims, there are still evidentiary challenges and issues regarding policy limits and furlough, say Josianne El Antoury and Greg Lascelles at Covington.
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Spartan Arbitration Tactics Against Well-Funded Opponents
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
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Top Court Hire Car Ruling Affects 3rd-Party Negligence Cases
The U.K. Supreme Court's recent decision in Armstead v. Royal & Sun Alliance, finding that an insurer was responsible for lost car rental income after an accident, has significant implications for arguing economic loss and determining burden of proof in third-party negligence cases that trigger contractual liabilities, say lawyers at Macfarlanes.
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Unpacking The Building Safety Act's Industry Overhaul
Recent updates to the Building Safety Act introduce a new principal designer role and longer limitation periods for defects claims, ushering in new compliance challenges for construction industry stakeholders to navigate, as well as a need to affirm that their insurance arrangements provide adequate protection, say Zoe Eastell and Zack Gould-Wilson at RPC.
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A Rare Look At Judicial Interpretation Of LEG Exclusions
A Florida federal court’s order last month in Archer Western-De Moya v. Ace American Insurance and an earlier decision from a D.C. federal court offer insight into how courts may interpret defects exclusion clauses developed by the London Engineering Group — filling a void in case law in the area, says Jonathan Bruce at Holman Fenwick.
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Ruling In FCA Case Offers Tips On Flexible Work Requests
In Wilson v. Financial Conduct Authority, the Employment Tribunal recently found that the regulator's rejection of a remote work request was justified, highlighting for employers factors that affect flexible work request outcomes, while emphasizing that individual inquiries should be considered on the specific facts, say Frances Rollin, Ella Tunnell and Kerry Garcia at Stevens & Bolton.
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Breaking Down The New UK Pension Funding Regs
Recently published U.K. pension regulations, proposing major changes to funding and investing in defined benefit pension schemes, raise implementation considerations for trustees, including the importance of the employer covenant, say Charles Magoffin and Elizabeth Bullock at Freshfields.
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Decoding UK Case Law On Anti-Suit Injunctions
The English High Court's forthcoming decision on an anti-suit injunction filed in Augusta Energy v. Top Oil last month will provide useful guidance on application grounds for practitioners, but, pending that ruling, other recent decisions offer key considerations when making or resisting claims when there is an exclusive jurisdiction clause in the contract, says Abigail Healey at Quillon Law.
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Cayman Islands Off AML Risk Lists, Signaling Robust Controls
As a world-leading jurisdiction for securitization special purpose entities, the removal of the Cayman Islands from increased anti-money laundering monitoring lists is a significant milestone that will benefit new and existing financial services customers conducting business in the territory, say lawyers at Walkers Global.