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Insurance UK
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August 19, 2025
Athora, Brookfield Deals May Spur UK Pension Risk Appetite
A wave of consolidation among life insurers may mean deeper pockets to meet demand in the pension risk transfer market, a broker said Tuesday.
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August 19, 2025
Aviva Backs AI Broker's Bid To Tackle Underinsurance
A company that says it is Britain's first artificial intelligence-based insurance broker has said it has raised almost £1 million ($1.28 million) from investors including Aviva and a venture capital firm in a preliminary funding round.
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August 19, 2025
Bridgehaven Pens Deal To Support Solicitor Indemnity Market
British specialty insurer Bridgehaven has said it will support managing general agent Pen Underwriting and its solicitors' professional indemnity portfolio under a new partnership.
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August 19, 2025
Pensions Watchdog Says £80M Returned To Scam Victims
More than £80 million ($108 million) has been paid out to pension savers who fell victim to scams, after a landmark court victory paved the way for compensation, the U.K. retirement savings watchdog said Tuesday.
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August 19, 2025
Insurance Giant Gallagher Closes $13B AssuredPartners Buy
Arthur J. Gallagher & Co. has completed its $13.5 billion acquisition of independent rival AssuredPartners Inc. as the global insurance brokerage seeks to benefit from strengthening its niche industry expertise and growing its U.K. and Ireland operations.
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August 18, 2025
Aviva Launches Flexible Annuity To Boost Retirement Control
Aviva said Monday that it has launched a new retirement income program that pays a guaranteed amount over a fixed term to give clients more control over their pension savings.
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August 18, 2025
Gov't Group Drafts Rules For Funding Transition To Net-Zero
A government-backed body proposed a series of guidelines on Monday for lenders to provide credible transition finance to companies that plan to reduce a heavy reliance on fossil fuels to meet net-zero emissions goals.
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August 18, 2025
Investor Sells 7 Assets To Dutch Pension Biz APG For £225M
Infrastructure Investment company HICL said Monday that it has offloaded a portfolio of mostly healthcare properties in the U.K. for approximately £225 million ($305 million) to Dutch pension services giant APG.
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August 18, 2025
UK Launches State Pension Review Amid Aging Population
The government launched its third review into the state pension age on Monday to determine how lawmakers should go about setting the age at which Britons receive retirement payments in the future.
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August 18, 2025
FCA Warns Of Consumer Risk In Pension Transfer Incentives
The City watchdog is concerned about the use of financial incentives used to encourage Britons to transfer their pensions, as it published a sweeping review of the impact of anti-fraud rules on the retirement sector.
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August 18, 2025
Eversheds, Fieldfisher Guide Brother's £56M Pension Deal
The European arm of global electronics giant Brother Industries Ltd. has agreed to a £56 million ($76 million) full pension program buy-in with Just Group PLC, the financial services company said on Monday.
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August 15, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Transport for London hit with a procurement claim by the operator of Oyster card, while Mastercard and Visa face claims from the Rocco Forte Hotel Group, and Liverpool Football Club lobbed a claim against a security company.
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August 15, 2025
Slowest First Half Of Year Since 2021 For Insurance M&A
Mergers and acquisitions between insurance companies in Britain slowed significantly across the first six months of 2025 after a busy 2024, the slowest first half of a year since 2021, according to a company that keeps track of insurance deals.
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August 15, 2025
Ombudsman Proposes Lower Fees For Faster Resolutions
The Financial Ombudsman Service has proposed a change to its fee structure to enable businesses to pay less if complaints are resolved early, part of its wider transformation.
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August 15, 2025
Lloyd's Market Faces Risks From Diverging Russian Oil Caps
The Lloyd's Market Association has told insurers to assess how they handle business involving Russian crude oil ahead of changes in the U.K. and European Union price cap regimes.
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August 15, 2025
L&G Sees Near £1T Pension Deals Globally Over Next Decade
Legal & General has said global insurers could secure up to £1 trillion ($1.4 trillion) in pension liabilities over the next decade.
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August 15, 2025
PIB Group Adds Benefits Consultancy Atwood To Acquisitions
Insurance consolidator PIB Group has acquired Atwood Benefits, adding to a string of acquisitions by the private equity-backed business in recent months.
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August 14, 2025
Trustees Warned To Follow Rules Or Face Jail, Fines
The Pensions Regulator on Thursday warned pension scheme trustees that they face large fines or even jail if they flout investment rules designed to protect savers.
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August 14, 2025
UK Faces Pensions Crisis As Savings Fall Short, Says Official
A director at the pensions watchdog has said that ensuring workers in Britain have sufficient financial resources in later life is the "challenge of our time."
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August 14, 2025
WTW Trust Invests £450M In Schroders Renewables Fund
Insurance broker WTW said Thursday that its defined contribution master trust will invest $450 million in a fund of renewable energy-focused investment manager Schroders Greencoat LLP.
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August 14, 2025
Retail Assets Under Management Overtake Pension Assets
The Investment Association said that for the first time, pension assets fell below retail assets as a proportion of assets under management by investment managers, driven by the continued impact of the 2022 gilts sell-off and by direct benefit pension scheme wind-downs.
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August 14, 2025
Aviva Reports Dip In Pension Deals Amid Market Slowdown
Insurance giant Aviva said Thursday that it penned £2 billion ($2.7 billion) worth of bulk annuity deals in the first half of 2025, marking a fall compared with the corresponding period the previous year.
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August 14, 2025
Hill Dickinson Guides UK Investor On £1.9M Share Buyback
Investor Seed Innovations launched a share buyback program worth up to £1.91 million ($2.6 million) on Thursday as it seeks opportunities in the robotics and artificial intelligence markets.
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August 13, 2025
EU Trade Body Urges Change To DORA Financial Reporting
A trade body for Europe's financial institutions has urged European Union watchdogs to change rules on incident reporting because banks are providing ineffective reports.
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August 13, 2025
HSF Kramer, CMS Guide £36M Pension Deal For German Bank
Pension Insurance Corp. has completed a £36 million ($49 million) buy-in transaction involving the pensions of 156 members of The Helaba Group in a deal guided by CMS Cameron McKenna Nabarro Olswang LLP and Herbert Smith Freehills Kramer LLP.
Expert Analysis
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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.
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Where The Post-Libor Litigation Tsunami Will Hit
The permanent cessation of the Libor rate in 2021 will likely trigger a flood of litigation over many existing contracts that lack effective replacements. Marc Gottridge of Hogan Lovells identifies the types of products that may be most susceptible to disputes.
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Despite Decline In Cyberattacks, UK Cos. Should Stay Vigilant
The U.K. Department for Digital, Culture, Media and Sport's latest cybersecurity survey shows that U.K. cyberattacks have decreased in the last 12 months, likely thanks in part to the General Data Protection Regulation. But companies' cybersecurity efforts should continue to evolve, say experts at PriceWaterhouseCoopers.