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Insurance UK
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December 22, 2025
Skadden Guides Miami Insurer On Buy Of £5B Utmost Unit
Miami-based JAB Insurance said Monday it will buy the £5 billion ($6.7 billion) bulk purchase annuity business of U.K. insurer Utmost Group PLC, in a transaction guided by Skadden Arps Slate Meagher & Flom and King & Spalding.
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December 22, 2025
FCA Strips Regulatory Permissions From Pensions Adviser
The Financial Conduct Authority has slapped a pension adviser with a ban on carrying out regulated activity after a series of breaches, including a failure to pay off an arbitration award.
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December 19, 2025
Man Jailed For 28 Months Over Fake Stolen Lego Claims
A man based in South Yorkshire has been jailed for 28 months for making a string of fraudulent insurance claims, the financial crime police unit said this week, including over allegedly stolen high-value Lego sets that were later found by police on display in his house.
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December 19, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen the designer of an 88-facet diamond bring a copyright claim against a luxury watch retailer, collapsed firm Axiom Ince bring legal action against the solicitors' watchdog, and the Post Office hit with compensation claims from two former branch managers over their wrongful convictions during the Horizon information technology scandal.
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December 19, 2025
Canada Life Pens £189M Pension Deal With Healthcare Co.
Insurer Canada Life on Friday said it has taken on £189 million ($252.5 million) in retirement liabilities from an unnamed pension scheme in the healthcare sector, in a deal guided by Stephenson Harwood and Baker McKenzie.
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December 19, 2025
Watchdog Names First EU Trading Data Feed Provider
The European Union's financial markets regulator said Friday it has chosen EuroCTP as its first consolidated tape provider for shares and exchange-traded funds, in a bid to improve transparency and boost the attractiveness of the bloc's equity markets.
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December 19, 2025
The Biggest UK Commercial Litigation Rulings Of 2025
The biggest commercial dispute rulings in 2025 included a landmark decision by the U.K. Supreme Court in a multibillion-pound motor finance misselling case, mining giant BHP being held liable for the collapse of a dam in Brazil and a surprise judgment that has thrown the conduct of litigation work into disarray.
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December 19, 2025
Watchdog Floats Rules For New Collective Pension Plans
Britain's retirement savings watchdog floated proposals on Friday that are designed to help more businesses join new collective pension plans, broadening the scope of existing rules and allowing more workers to access "lower risk" and "better outcome pensions."
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December 18, 2025
CMS Steers PIC On £230M Port Co. Pension Deal
Pension Insurance Corp. said Thursday that it has completed a £230 million ($308 million) pension deal with Peel Ports Group Ltd. in a deal guided by CMS and Gowling WLG.
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December 18, 2025
European Insurtech Lumera To Buy UK Pensions Consultancy
European insurance technology company Lumera said Thursday it has penned a deal to buy Acuity, a British pensions and workforce reform consultancy.
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December 18, 2025
Gov't Freezes UK Pension Enrollment Salary Thresholds
The government decided on Thursday against changing the salary threshold at which employers must automatically enroll their staff into a workplace pension, despite growing suggestions that removing the limit could help mitigate the looming savings crisis.
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December 18, 2025
EU Plans To Boost Retail Investment In Capital Markets
The European Union on Thursday proposed a broad package of updated retail investment rules aimed at empowering consumers and boosting competition in financial markets.
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December 18, 2025
Debevoise, Eversheds Lead £525M Pension Deal For Skanska
The U.K. subsidiary of Swedish builder Skanska AB said Thursday that it has transferred £525 million ($705 million) of its pension commitments in Britain to Standard Life in a buy-in transaction, which secures the retirement savings of about 5,500 members.
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December 18, 2025
FCA To Boost Insurance Standards After Super-Complaint
The Financial Conduct Authority said Thursday that it will boost customers' awareness of cover as part of a plan to drive up standards in the home and travel insurance sector after a super-complaint was filed by consumer group Which.
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December 17, 2025
Funds Dropping ESG Labels Amid EU Greenwashing Review
The European Union's financial markets regulator said Wednesday its new naming guidelines governing how investment funds use environmental, social and governance, and sustainability-related language are curbing greenwashing and improving transparency in the financial sector.
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December 17, 2025
UK Watchdog Hands Gov't Plan To Tackle Payments Crime
The Financial Conduct Authority told the Treasury in a letter published Wednesday that it is investing more in intelligence and data to disrupt those committing and enabling crime in the payments sector.
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December 17, 2025
Womble Bond Steers £107M Pension Deal For Co-Op
British insurance company Rothesay Life has completed a £107 million ($143 million) pension deal for Lincolnshire Co-operative Ltd., guided by Womble Bond Dickinson.
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December 17, 2025
Capital One Loses 'Discover' TM For Insurance, Real Estate
The European Union Intellectual Property Office has partially revoked Capital One Financial Corp.'s rights to the "Discover" trademark in the bloc, finding that the mark was not used for some services covered by its registration.
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December 17, 2025
Stonegate Hospitality Cos. Say Marsh Botched COVID Cover
A group of companies in the Stonegate Pub Company portfolio has sued insurance broker Marsh for allegedly failing to arrange interruption cover for each individual business, which the group said left it short in the aftermath of the COVID-19 pandemic.
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December 17, 2025
Pensions Watchdog Reveals Shrinking Defined Benefit Market
The number of lucrative final salary-type retirement savings plans has dropped by nearly a third over the past 13 years, according to data from The Pensions Regulator.
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December 17, 2025
Pension Plans Plot 'Run-On' From £160B Surplus Reforms
More than a quarter of retirement savings plans are considering "running on" to generate investment returns, due to new reforms that could boost the economy by up to £160 billion ($213 billion), according to a survey on Wednesday by PwC.
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December 16, 2025
Weil-Led Insurance Brokerage Howden Lands $3B Refinancing
British insurance broker Howden Group has refinanced approximately $3 billion worth of loans on better terms, including upsizing one of the credit facilities to help it achieve financial stability.
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December 16, 2025
Claims Inflation Poised To Batter Insurers Next Year, EY Says
Motor insurers are likely to face major losses next year, a consultancy warned, following a period in which the sector slashed prices while under political scrutiny.
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December 16, 2025
Saga, Ageas Launch £140M Insurance Partnership
Travel and insurance company Saga PLC said on Tuesday that it has launched its 20-year partnership with the British arm of Ageas SA/NV in a deal worth £140 million ($188 million).
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December 16, 2025
Gowling, CMS Guide £7M Pension Deal For Materials Co.
Goodfellow Cambridge Ltd. has offloaded £7 million ($9.4 million) of its pension liabilities to insurer Just Group, in a deal guided by Gowling WLG and CMS Cameron McKenna Nabarro Olswang LLP.
Expert Analysis
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How Climate, Finance And Trade Will Intersect In 2021
In the coming year, the Biden administration will likely align its policies on climate change, finance and trade more closely with those of international partners and organizations, leading to more coordinated action on climate standards that will be applied across the global economy, say consultants at C&M International.
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Perspectives
Finding A Path Forward To Regulate The Legal Industry
Gerald Knapton at Ropers Majeski analyzes U.S. and U.K. experiments to explore alternative business structures and independent oversight for law firms, which could lead to innovative approaches to increasing access to legal services.
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Whether And How To Compel Remote Arbitration
Excerpt from Practical Guidance
As the pandemic delays in-person arbitration hearings, mediator and arbitrator Theodore Cheng provides arbitrators with a checklist to examine the rationale and authority for compelling parties to participate in remote hearings.
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Creditors Welcome UK Supreme Court's Reflective Loss Decision
The U.K. Supreme Court's recent Sevilleja v. Marex decision benefits creditors and other stakeholders by excluding their claims from the reflective loss principle, which precludes third-party complaints that merely reflect company loss, say Robert Fidoe and Jack Moulder at Watson Farley.
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How Courts Are Encouraging Mediation In England And Wales
As the judiciary braces for widespread pandemic-driven contractual disputes, courts in England and Wales are showing enthusiastic support for mediation, both when determining the implications of a party's refusal to mediate and when assessing whether normal restrictions on the use of mediation-derived information apply, says Leah Alpren-Waterman at Watson Farley.
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Opinion
EU Class Action Policy Guided By Wrong Measure Of Success
The political agreement obtained last month on the first European Union-wide rules on collective redress illustrates the fact that the main goal of the authorities is to increase the number of class action claims rather than focus on the application of standard civil liability principles, says Sylvie Gallage-Alwis at Signature Litigation.
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An Attractive Regime For Governing Jurisdiction Post-Brexit
As indicated by the U.K.'s recent application to join the Lugano Convention, this is an "oven-ready" option for the U.K. for governing questions of jurisdiction and the enforcement of judgments with European Union countries after Brexit — but not without important differences from the current regime, say attorneys at Latham.
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Reinsurance Implications Of COVID-19 Biz Interruption Laws
In light of legislative and public pressure in the U.S. and U.K. on insurers to cover business interruption losses related to COVID-19, reinsurers will face new questions regarding their obligation to cover claim payments, say Robin Dusek at Saul Ewing and Susie Wakefield at Shoosmiths.
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UK Appellate Rulings Clarify Arbitral Choice Of Law
Two recent U.K. Court of Appeal decisions have changed the operation of the choice-of-law test for arbitration — a resolution as significant as changing the test itself because it affects the implied choices of the contracting parties, say attorneys at Squire Patton.
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Post-Pandemic Litigation To Expect In England And Wales
Globally, we are already starting to see insolvency-related claims and a number of insurance, breach of contract, employment and securities class actions across numerous sectors. These and other claims will likely increase for U.K. businesses, say Tracey Dovaston and Fiona Huntriss at Boies Schiller.
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UK Lawyers Can Adapt Due Diligence To Screen New Clients
As COVID-19-related fraud gains pace, U.K.-based practitioners should help combat money laundering by using alternative methods to verify that new clients are who they say they are, says Christopher Convey, a barrister at 33 Chancery Lane and chair of the Bar Council's Money Laundering Working Group.
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A UK Business View Of COVID-19's Economic Fallout
Covington attorneys Alex Leitch and Harry Denlegh-Maxwell provide a bird's-eye view of how U.K. businesses will navigate the legal and economic aftermath of the pandemic, including discussion of where litigation funding, class actions, insurance disputes and force majeure fit it.
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Remote Depositions Bring Ethics Considerations For Lawyers
Utilizing virtual litigation technologies and participating in remote depositions require attorneys to beware of inadvertently violating their ethical obligations, including the principal duty to provide competent representation, say attorneys at Troutman Sanders.
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Time For Presumptive Virtual Mediation In The UK
While the COVID-19 outbreak is a real-time test of the U.K. justice system’s adaptability and innovation, it is also an opportunity to deliver alternative dispute resolution through virtual technology — and there are two ways in which this could be achieved, says Suzanne Rab at Serle Court.
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UK 'Property' Classification Boosts Confidence In Bitcoin
In AA v. Persons Unknown, the English High Court classified bitcoins as property that can be the subject of proprietary injunctions, indicating the slow but growing acceptance of virtual currencies within the U.K., say Steven De Lara and Colin Grech at Signature Litigation.