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Insurance UK
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October 24, 2025
Rodent Damage Motor Claims Rise By 28%, Aviva Says
Motor insurance claims in the U.K. for damage caused by rodents surged 28% between the 2023 and 2024 calendar years, according to new data from Aviva.
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October 23, 2025
UK Local Government Pension Scheme Valued At £402B
The value of Britain's local government pension plans increased by 2.7% to £402.3 billion ($536 billion) over the year to March, government statistics show.
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October 23, 2025
UK Government Refuses To Commit To Pension Tax Lock
The British government has refused to commit to a lock on pension tax policy, despite renewed consumer uncertainty in the run-up to the budget.
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October 23, 2025
Companies Hit With 1.85M Complaints In 6 Months, FCA Says
Complaints to financial services companies rose in the first half of 2025, as the Financial Conduct Authority reported there were 1.85 million cases, up almost 4% from the 1.78 million logged in the second half of 2024.
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October 23, 2025
FCA Chief Warns Of UK Cyber-Insurance Protection Gap
The head of the Financial Conduct Authority has warned that U.K. businesses are woefully under-insured against the risk of a massive cyberattack.
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October 23, 2025
Pensions Provider TPT Launches £600M Global Equity Fund
The investment management arm of pensions provider TPT Retirement Solutions has launched a £600 million ($800 million) global equity fund for U.K. retirement savings plans.
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October 22, 2025
French Insurer CNP To Take 40% Stake In Brazil's Embracon
French multinational insurance company CNP Assurances SA said Wednesday it has agreed to ultimately acquire a 40% stake in Brazilian financing company Embracon by first merging their alternate credit businesses to create "a major player in this fast-growing segment."
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October 22, 2025
FCA Secures £442M For Consumers, Urges More Co-operation
The Financial Conduct Authority has said that it secured more than £442 million ($590 million) for investors and consumers through redress arrangements, settlements and civil proceedings in the last financial year, and pressed home the benefits of companies taking responsibility for their mistakes.
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October 22, 2025
£1.9B Jaguar Cyberattack UK's 'Most Economically Damaging'
The cyberattack that hit car giant Jaguar Land Rover in August triggered a ripple effect that cost the U.K. an estimated £1.9 billion ($2.5 billion) due to disrupted supply chains, experts said Wednesday, making it the "most economically damaging" digital incident to ever affect Britain.
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October 22, 2025
Gov't Greenlights New 'Collective' Pension Scheme Rules
The government said Wednesday it will push forward with rules to allow more businesses to join new collective pension plans, which could boost the retirement savings of millions of workers.
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October 22, 2025
PE Companies Finalize Deal For UK Insurance Broker JMG
Private equity companies GTCR and Synova have confirmed their acquisition of JMG Group five months after announcing their intention to buy the British insurance broker.
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October 22, 2025
State Pension To Rise By 4.8% In 2026 Under Triple Lock
Pensioners are in line for an inflation-busting rise in state pension benefits next year, experts said Wednesday, a move that would pile additional pressure on the U.K. government's pledge to maintain the triple lock.
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October 21, 2025
Vaccine Skeptic Wins Sick Pay Battle With Insurance Biz
An employment tribunal rejected a health insurance worker's claims that his skepticism about the COVID-19 jab caused bosses to discriminate against him and treat him unfairly, but agreed that the company forced him to quit by cutting off his sick pay for chronic anxiety.
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October 21, 2025
Equitas Loses £3.8M Dispute Over RSA Asbestos Settlements
A High Court judge ruled Tuesday that London-based reinsurer Equitas Insurance Ltd. wrongly refused to pay out over asbestos-related claims to three RSA Insurance Group companies in a £3.8 million ($5.1 million) row.
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October 21, 2025
UK Includes Financial Sector In £6B Blitz On Red Tape
Insurers and banks will be among businesses granted breaks from regulatory reporting, the government confirmed Tuesday, as it promised a "blitz" on red tape.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Expert Analysis
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Series
Why I Became A Lawyer: Being There For Families In Trouble
My parents' contentious, drawn-out divorce was one of the worst experiences of my life. But it taught me how to be resilient — and ultimately led me to leave corporate litigation for a career in family law, helping other families during their own difficult times, says Sheryl Seiden of Seiden Family Law.
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3 Ways To Leverage Vulnerability For Lawyer Well-Being
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.
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Zurich Case Brings Clarity To Complex Contempt Proceedings
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.
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What A No-Deal Brexit Would Mean For Dispute Resolution
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.
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The Problem — And Opportunity — Of Implicit Bias In The Bar
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.
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Roundup
Pursuing Wellness
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.
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Series
Why I Became A Lawyer: Expanding The Meaning Of Diversity
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.
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2 Perspectives On Navigating The Litigation Funding Process
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.
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Answers To Key Legal Finance Ethics Questions
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.
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Competing Legal Factors Vex Insurance Arbitration Disputes
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.
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Cannabis Investors Should Beware Money Laundering Risk
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.
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Real-Life Lessons For Lawyers From 'Game Of Thrones'
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.
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UK Firms Should Be Prepared For Government Raids
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.
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Series
Why I Became A Lawyer: Completing The Journey Home
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.
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3 Insurance Issues Raised By The Notre Dame Cathedral Fire
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.