Insurance UK

  • June 11, 2025

    War Risk Insurers Held Liable For Jets Stranded In Russia

    Major insurers are liable to payout in a multibillion-dollar dispute over hundreds of aircraft stranded in Russia following the invasion of Ukraine in 2022, after a London judge ruled on Wednesday that the jets and engines are officially lost.

  • June 10, 2025

    Underwriters Back Ethnicity, Disability Pay-Gap Reporting

    A British trade group for underwriters said Tuesday that it backed recent government plans to introduce mandatory reporting on ethnicity and disability pay gaps, but said policymakers should ensure data is collected safely to preserve anonymity.

  • June 10, 2025

    Insolvency Service Hires Crypto-Specialist To Aid Recoveries

    A U.K. government agency responsible for investigating company insolvencies has appointed its first crypto-specialist to help recover digital assets such as bitcoin for creditors.

  • June 10, 2025

    Expanding FCA Taps Ex-Crime Agency Exec As Deputy CEO

    The Financial Conduct Authority said Tuesday that it has appointed Sarah Pritchard, a qualified litigator and former director of the National Economic Crime Centre, as deputy chief executive to handle its expanding remit.

  • June 10, 2025

    Insurers Using More 'Sweep-Up' Clauses In Policies

    Insurers might increasingly be using "sweep-up" clauses in contracts to circumvent policyholder protections introduced in landmark legislation a decade ago, a trade body warned Tuesday.

  • June 10, 2025

    FCA's Rathi Tries To Gauge Gov't Risk Appetite For Crypto

    The Financial Conduct Authority warned a cross-party group of MPs on Tuesday it needed a steer on the government's risk appetite for crypto-assets amid the push for U.K. competitiveness and economic growth.

  • June 10, 2025

    Cosmetics Studios Sue Beazley Over COVID Business Losses

    Almost 70 cosmetics clinics, including tattoo studios and a flotation therapy center, have sued two Lloyd's of London syndicates managed by Beazley for losses they claimed to have incurred after temporarily closing during the COVID-19 pandemic.

  • June 09, 2025

    Canadian Insurer Intact Financial Warns Of US Political Risks

    The boss of one of Canada's largest insurance companies warned Monday that the sector needs to "prepare for the worst" in relation to democratic institutions in the U.S.

  • June 09, 2025

    UK Leads Europe On FDI In Financial Services, EY Says

    The U.K. continues to be Europe's most attractive destination for foreign direct investment into financial services, despite a drop in the number of projects across the region, Ernst & Young said on Monday.

  • June 09, 2025

    FCA Proposes Reporting Changes For Fund Managers

    The Financial Conduct Authority has proposed that it will reduce requirements for U.K. fund managers on how they report on value for investors, a move that would enable significant cost cuts.

  • June 09, 2025

    Broking Group Howden Buys Peruvian Reinsurance Biz

    Howden Group said Monday that it has bought Peruvian reinsurance broker Innova Re, marking a further broadening of the insurance broking giant's footprint in Latin America.

  • June 09, 2025

    Phoenix Group Denies Cutting Ex-SunLife CEO's Pay By £9M

    Insurance business Phoenix has denied short-changing the former chief executive of its SunLife subsidiary by £8.9 million ($12.1 million), telling a London court that his "extremely generous" £15.4 million payout was fair.

  • June 09, 2025

    FCA, NVIDIA Team Up To Launch AI Testing Sandbox

    The Financial Conduct Authority said Monday it will launch a supercharged sandbox in collaboration with multinational technology company NVIDIA to help firms experiment safely with artificial intelligence to support innovation.

  • June 06, 2025

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

    The past week in London has seen MGM and the owners of the "Addams Family" trademark sue a private equity firm, two Cambridge colleges file for injunctions against Pro-Palestine student protest groups and a former NBA player brings a claim against Orrick Herrington & Sutcliffe LLP.

  • June 06, 2025

    Gov't To Face Judicial Review Over State Pension Redress

    The High Court has granted approval for a challenge to the government's decision on compensation for failure to inform women that their pension age had changed, a move activists have termed a "landmark moment."

  • June 06, 2025

    UK To Launch Delayed Second Phase Of Pensions Review

    The government said it will soon launch the delayed second phase of its pensions review, in what experts hope could be the biggest shakeup for the sector for 20 years.

  • June 06, 2025

    UK Pensions Bill To Transform Trustees' Role, Watchdog Says

    Britain's retirement savings watchdog has said it will look to other regulators and governance standards for guidance to ensure that pensions trusteeship is ready for the "transformational" impact of reforms that have recently been announced.

  • June 06, 2025

    UK Floats Legislative Fix For Virgin Media Pensions Case

    The government has said it will push through legislation to deal with the legal fallout for pension trustees from a landmark Court of Appeal ruling in 2024.

  • June 05, 2025

    Meta Pressed By MPs Over Slow Removal Of Harmful Content

    A group of influential MPs said Friday that they have written to Meta asking the Facebook-owner to explain its tardy responses to requests by the City watchdog for the removal of harmful content from financial influencers appearing on its platforms.

  • June 05, 2025

    UK Pension Assets Hit £3.2T Amid Shift To Private Markets

    The total value of U.K. pensions grew by 11% in 2024 to £3.2 trillion ($4.3 trillion), the Pensions Policy Institute has said, noting a movement to private market investment in a "period of transition" in Britain.

  • June 05, 2025

    UK Insurers Abusing Dishonesty Defense, Legal Body Warns

    Insurers are using allegations of fraud in a "scattergun" approach in defending against personal injury claims, a legal trade body warned Thursday.

  • June 05, 2025

    Gov't Unveils Landmark Pension Reforms To Boost Savings

    The government has unveiled a raft of pension reforms that it said will dramatically boost the savings of millions of British workers.

  • June 05, 2025

    Ombudsman Eyes Interest Rate Cut On Compensation Awards

    The financial disputes body has proposed lowering the interest rate it applies to compensation awarded to people who have lost money as it pushes to modernize redress in the U.K. 

  • June 05, 2025

    UK Ransomware Ban Could Boost Cost Of Cyber-Insurance

    The cost of buying cyber-insurance for the public sector and critical infrastructure could rise significantly because of a proposed ban on paying ransomware demands, experts warn, as the U.K. government looks at ways to disrupt the income of online criminals.

  • June 04, 2025

    DWF Argues Privacy Claim A Litigation Ploy At Trial

    DWF Law LLP argued at trial Wednesday that a claim by three people that the law firm unlawfully shared their health data was only brought to "secure an advantage" for their lawyers in separate proceedings against insurers.

Expert Analysis

  • Frustrating Events: Are Your Contracts Brexit-Proof?

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    In Canary Wharf v. European Medicines Agency, the U.K. High Court recently ruled that the U.K.'s withdrawal from the European Union will not discharge the EMA's lease obligations. Following Brexit, most similar arguments invoking force majeure or frustration are unlikely to succeed, say Rebecca Dipple and Wayne Hofer of Orrick Herrington & Sutcliffe LLP.

  • Simple Secrets For Writing A Killer Brief

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    These days, the legal profession offers meager opportunity for oral argument, so we need to focus on being better, brighter, tighter writers. And the key to writing a better brief is grabbing your judge's attention with a persuasive, well-crafted story, says Daniel Karon of Karon LLC.

  • What 2019 Has In Store For UK Data Protection

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    Many of the big data protection compliance themes of 2018 will continue on this year, including even General Data Protection Regulation preparation, but the possibility of a no-deal Brexit may complicate matters, says Stewart Room of PwC LLP.

  • Opinion

    Brexit International Arbitration Clause Is Misunderstood

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    Much of the criticism aimed at the international arbitration clause in the recent Brexit withdrawal agreement unfairly identifies a perceived lack of transparency and appears to be based on a lack of understanding about the process, says Margarita Michael of O'Melveny & Myers LLP.

  • The Lawyer's Daily

    How To Requalify As A Lawyer In Canada

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    Becoming a lawyer in Canada is a challenging experience for foreign qualified lawyers. In addition to the bar exam, hurdles include obtaining certification from the National Committee on Accreditation, and complications from moving to Canada halfway through the process, says Kyle Abrey, in-house counsel at the Royal Bank of Canada.

  • Legal Technology Is Likely To Flourish In The UK

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    The U.K. may soon surpass the U.S. in legal technology, thanks to regulatory reform, law firm investment and an entrepreneurial environment, says Bridget Deiters of InCloudCounsel.

  • Opinion

    Legal Operations Teams Are Gaining Popularity In EU

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    As the European and global economies continue to change, any legal department that does not want to get outflanked by faster, more agile competitors should consider the value that legal operations teams have to offer, says Hans Albers, president of the Association of Corporate Counsel Europe.

  • Why Proper Document Redaction May Be An Ethical Duty

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    Paul Manafort's attorneys recently filed a court document containing incompletely redacted information, highlighting the need for attorneys to become competent at redaction — or at least at verifying that redaction has been performed correctly. Failure to do either could be construed as legal malpractice, says Byeongsook Seo of Snell & Wilmer LLP.

  • Why The Flood Of GDPR Litigation Has Been Delayed

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    Eight months into the General Data Protection Regulation regime, we have not yet seen the expected deluge of U.K. class actions, but be warned — the floodgates will not remain closed, says Bryony Hurst of Bird & Bird LLP.

  • Opinion

    Law Schools Should Be More Like Medical Centers

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    Medical centers and their faculty matter to the practice of medicine. Law schools and their faculty do not matter to the practice of law, says J.B. Heaton of J.B. Heaton PC.

  • Opinion

    Courts Are Getting It Right On Litigation Funding Discovery

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    Earlier this month, a California federal court denied discovery into the identification of third-party funders with a financial interest in the outcome of an underlying patent infringement action. This decision in MLC v. Micron follows a long line of well-reasoned precedent across U.S. federal courts, say Matthew Harrison and Sarah Jacobson of Bentham IMF.

  • Worldwide Freezing Orders Can Backfire Without Proper Care

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    Worldwide freezing orders, which preserve a respondent's assets until the outcome of the substantive case, are an important weapon in the arsenal of a commercial litigant. However, as FSDEA v. Dos Santos demonstrates, courts lay heavy obligations upon WFO applicants, says Nicola McKinney of Grosvenor Law Ltd.

  • UK Litigation And Guidance Highlight Cybersecurity Risk

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    Recent developments in the United Kingdom emphasize the importance of companies implementing cybersecurity measures proactively both to prevent incidents and to argue in mitigation when, not if, the company does suffer a data breach, say Guillermo Christensen of Ice Miller LLP and Anupreet Amole of Brown Rudnick LLP.

  • 2 BVI Cases Explore Scope Of Proper Purpose Test

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    Two recent cases in the Eastern Caribbean Court of Appeal have presented British Virgin Island courts an opportunity to develop a local jurisprudence regarding the BVI Business Companies Act and provide guidance on how the proper purpose test is to be applied, says Rosalind Nicholson of Walkers Global.

  • Last-Minute Brexit Preparations For EU Financial Firms

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    As the deadline for a hard Brexit draws ever closer, financial firms operating in the United Kingdom or European Union must consider how possible outcomes will impact transactions and contractual relationships, and take steps to mitigate business interruptions, say Gilles Kolifrath and Linda Sharkey of Kramer Levin Naftalis & Frankel LLP.

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