Insurance UK

  • May 21, 2025

    UK Biz Optimism Plunged After Trump's Tariffs, Allianz Says

    More than a third of U.K. businesses expect a decline in turnover in 2025 as a result of swingeing trade tariffs imposed by President Donald Trump in April, insurance giant Allianz has said.

  • May 21, 2025

    A&L Goodbody-Led US Broker Buys Underwriter In Ireland

    The Chicago-based broker Ryan Specialty has acquired 360° Underwriting, a managing general underwriter with offices in Dublin and Galway, Ireland, as Ryan moves to enter the Irish market.

  • May 21, 2025

    Pensions Sector Could Fund Net-Zero Transition, Insurer Says

    The pensions sector could fund up to half of the costs associated with the U.K.'s transition to net-zero carbon emissions by 2050, an insurer said.

  • May 21, 2025

    Engineer Can't Persuade Top Court To Block Repairs Case

    Britain's highest court rejected on Wednesday an attempt by an engineering company to escape a claim from a housing developer fighting to claw back the cost of fixing tower block design defects discovered in the wake of the Grenfell blaze.

  • May 21, 2025

    Insurer Hit With £250K Claim Over 'Altered' Life Policy

    Two clients of Countrywide Assured have sued the insurer for £250,000 ($335,200) after the company allegedly changed their joint life policy "without their knowledge," which left one of them short after he suffered a "serious heart attack" and could not claim cover.

  • May 20, 2025

    Liquidators Of 'Ponzi-Type Scheme' Co. Sue Insurer For £3M

    The liquidators of a business behind a "Ponzi-type scheme" are suing the insurer of a now-defunct company involved in the scheme's funding for more than £3 million ($4 million), pointing to its alleged failure to ensure the investment plan was legitimate.

  • May 20, 2025

    Businesses Argue For £80M In COVID Payouts From Insurers

    Hospitality businesses forced to close during the COVID-19 crisis said their insurers owe them £80 million ($107 million), arguing at the first day of trial on Tuesday that they should be compensated for every time they were materially affected by pandemic measures.

  • May 20, 2025

    EU Urged To Close €28B Farm-Disaster Insurance Gap

    The European Union should boost the use of reinsurance and catastrophe bonds to provide prearranged, rapid-response funding to farms that suffer damage when disasters driven by climate change strike, according to a report issued Tuesday.

  • May 20, 2025

    Pensions Watchdog Launches Initiative To Boost Innovation

    The Pensions Regulator has established a new service to support the development of industry ideas on products and services after the government ordered it to come up with ways to boost economic growth.

  • May 20, 2025

    5 Firms Hold Half Of £40B UK Pension Surplus

    Just five companies among the top 100 businesses in Britain account for half of the combined £40 billion ($53.5 billion) surplus in the country's pension plans, a consultancy said Tuesday.

  • May 19, 2025

    L&G Buys 75% Of US Property Investor Proprium Capital

    Legal & General said Monday that it has acquired a 75% stake in Proprium Capital Partners, a real estate private equity firm, to accelerate its growth and expand its geographic footprint in the European and Asian property sector.

  • May 19, 2025

    Aviva To Use AI Tool To Map Cyberthreat Behavior

    Insurance giant Aviva PLC on Monday said it has begun using artificial intelligence tools to map the cyberthreats the companies in its portfolio are most exposed to.

  • May 19, 2025

    Gov't Warned Over Mandating UK Pension Funds' Investment

    The government must avoid introducing a legal requirement on U.K. pension plans to invest a proportion of their funds in domestic assets, a consultancy has warned.

  • May 19, 2025

    Big Tech Is Major Obstacle To Stopping UK Financial Fraud

    Anti-fraud campaigners are calling on the government to fine Big Tech companies such as Meta on repeated failures to prevent fraudulent financial advertising on their platforms with a tougher and wider regime than envisaged, with the consensus that social media is the biggest obstacle to combating investment scams.

  • May 19, 2025

    Third Of Britons Have Under £10K In Pension Pots, FCA Says

    One-third of U.K. adults with a defined contribution pension plan have less than £10,000 ($13,400) accumulated in retirement savings, the Financial Conduct Authority has said.

  • May 16, 2025

    25% Of UK Pension Plans Rethink US Exposure Over Tariffs

    A quarter of U.K. defined benefit pension schemes are considering pulling back from U.S. assets and dollar exposure amid ongoing uncertainty created by the recent tariffs imposed by President Donald Trump, Willis Towers Watson PLC says.

  • May 16, 2025

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

    This past week in London has seen Linklaters and EY face negligence claims from a fintech investment firm, property developer Sir John Ritblat bring legal action against a Guernsey-registered company, and fresh equal pay litigation filed against Morrisons and Safeways. Here, Law360 looks at these and other new claims in the U.K.

  • May 16, 2025

    EU Watchdog Quizzes Insurers On Generative AI Governance

    The insurance watchdog for Europe has launched an investigation into how insurers use generative artificial intelligence and what controls are in place.

  • May 16, 2025

    Only 4 Pension Groups Linked To Gov't 'Dashboards' So Far

    Only four of the 20 pensions organizations voluntarily involved in linking to the government's long-awaited "dashboards" project have so far completed their connection, the organization behind the program has said.

  • May 16, 2025

    UK Gov't Admits Jump In Errors Over State Pension Payouts

    The government has admitted that its rising levels of errors have led to underpayment of state pensions, even though it has spent years and hundreds of millions of pounds trying to correct earlier mistakes.

  • May 16, 2025

    Investor Pulls De La Rue Bid Amid Competing Offer

    Two investors, Pension SuperFund and Disruptive Capital, have pulled their bid of approximately £260 million for De La Rue after the banknotes maker backed a rival £263 million offer from U.S. investment firm Atlas Holdings LLC.

  • May 15, 2025

    Gov't Urged To Overhaul Scam Rules Amid Pension Delays

    The government must reform its scam protection regulations in the face of spiraling delays in transferring pension savings, a retirement savings provider warned Friday.

  • May 15, 2025

    UK Floats Local Gov't Pension Fixes To Tackle Discrimination

    The U.K. government on Thursday proposed making all maternity, shared parental and adoption leave automatically pensionable for members in the Local Government Pension Scheme, among a raft of changes it said would boost benefits and end "years of discrimination."

  • May 22, 2025

    Freeths Hires Pensions Specialist From Simmons & Simmons

    Freeths has hired James Dean, a pensions specialist from Simmons & Simmons LLP, to lead the growth and development of the firm's national pensions practice.

  • May 15, 2025

    Legal Costs Insurer On The Hook For £83K Payout To Ex-Exec

    A legal expenses insurer could owe more than £80,000 ($106,000) to a former executive after a tribunal found that his insolvent employer's prolonged failure to pay wages and commission amounted to a fundamental breach of contract.

Expert Analysis

  • 3 EU And UK Data Protection Tips During COVID-19

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    Though EU and U.K. data protection laws should not impede the fight against COVID-19, companies must continue to protect individuals' data, and the challenges of managing a remote workforce and the desire for information about the virus’s impact have significant implications for that responsibility, say attorneys at Debevoise.

  • Novolex Case Brings Lessons On R&W Insurance

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    A New York state court dispute between Novolex and a few of its insurers concerning coverage under a representations and warranties policy for a $267 million loss offers a rare glimpse into how a court might interpret acquisition agreements and insurance policy provisions, say attorneys at Hunton.

  • How Proposed EU Class Action Directive Could Affect Insurers

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    Insurers should beware the explosive potential of the EU's proposed directive providing for cross-border class actions and third-party funding for such actions, although it also bears strict requirements that will limit the number of cases, say Emmanuèle Lutfalla and Simon Fitzpatrick at Signature Litigation.

  • COVID-19 Insurance Considerations For UK Cos.

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    Though a new U.K. regulation recently made it easier for businesses to claim losses related to COVID-19, potential points of contention when seeking insurance coverage include whether the government ordered the business to close and whether an outbreak occurred at the premises, say attorneys at Covington.

  • UK Group Data Breach Claims Pose Big Financial Risks

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    Recent English court decisions appear to make it easier for data breach victims to bring collective actions, and consequently companies may find they are liable for huge sums in addition to fines under the General Data Protection Regulation, say attorneys at Morrison & Foerster.

  • A Crucial Chance For UK Supreme Court To Clarify Arbitrator Bias

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    In Halliburton v. Chubb, the U.K. Supreme Court has an opportunity to tackle uncomfortable questions and support confidence in London's arbitration sector by policing effectively against bias and impartiality when arbitrators are involved in multiple tribunals, says Rosie Wild at Cooke Young.

  • Rebuttal

    Legal Industry Should Pursue AI Prediction Progress

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    As part of the debate prompted by my recent Law360 guest article on legal prediction using artificial intelligence, I would like to unpack four issues and suggest that attorneys and technologists continue to tackle the problems presently within reach, says Joseph Avery at Claudius Legal Intelligence.

  • Rebuttal

    AI Can't Accurately Predict Case Length And Cost — Yet

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    A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.

  • What To Expect During The Brexit Transition Period

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    While all formal ratification procedures for the U.K.'s departure from the European Union have been completed, the transitional period will bring an enormous range of trade, customs and regulatory issues, say attorneys at Mayer Brown.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

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    The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.

  • Surefire Marketing Methods To Build Your Legal Practice

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    Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.

  • Mandatory Mediation May Lie Ahead For England And Wales

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    The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.

  • Key Risks And Developments For UK Law Firm Culture In 2020

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    In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

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    Ahead of the U.K.'s likely departure from the European Union on Jan. 31, 2020, companies should use the one-year transition period to help workers understand any new registration requirements, evaluate budgetary concerns and expedite any employee relocations, say Julia Onslow-Cole and Charlotte Wills at Fragomen.

  • #MeToo Pressure On UK Businesses Is Set To Rise

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    Recent declarations by the Financial Conduct Authority and Prudential Regulation Authority indicate that sexual harassment in the U.K.'s financial services industry may lead to consequences under the newly expanded Senior Managers and Certification Regime, and other sectors are facing growing scrutiny as well, say attorneys at Covington.

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