Insurance UK

  • June 13, 2025

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

    This past week in London has seen Tottenham Hotspur FC kick off against Manchester United co-owner Ineos Automotive following a soured sponsorship deal, Acer and Nokia clash over patents for video coding technology, and two investors reignite litigation against the founders of an AI exercise bike business that unlawfully pocketed $1.2 million in investments to fund their own lifestyles. Here, Law360 looks at these and other new claims in the U.K.

  • June 13, 2025

    Norton Rose Steers Insurance Biz Samsung On Acquisition

    Samsung Fire & Marine Insurance has agreed to snap up a further 21% holding in Canopius Group Ltd., raising its stake in the global reinsurer to 40%.

  • June 13, 2025

    FCA Sees 'More To Do' In Reshaping Regulation For Growth

    The Financial Conduct Authority responded Friday to parliamentary calls for more growth-oriented regulation, saying that it is exploring new ways to boost Britain's international competitiveness on top of the steps it has already taken.

  • June 13, 2025

    Watchdog Says Pensions Regulation Is 'Unfinished Business'

    The U.K. government's planned reforms to retirement savings plans is the biggest shakeup to the sector in more than a decade, the boss of The Pensions Regulator has said.

  • June 12, 2025

    Lords Urges Regulators To Shed Risk-Aversion, Boost Growth

    A cross-party House of Lords committee called Friday on the U.K.'s financial services watchdogs to change their culture of risk-aversion which is preventing them from promoting growth in the economy.

  • June 12, 2025

    TATA AIG Leads Insurance Cover For Air India Crash

    TATA AIG General Insurance Co. Ltd. is the lead insurer for hull and liability on the Air India flight that crashed just after take off in Ahmedabad, India on Thursday, according to two sources with direct knowledge of the situation.

  • June 12, 2025

    Markel Unveils Insurance Product To Tackle Cyber Threats

    Markel Insurance has launched a product it said would help insurance technology companies navigate the "complex landscape" of cyber threats, crime and financial liabilities.

  • June 12, 2025

    Lost Russian Jets Ruling Has Global Implications For Insurers

    A London court ruling that major insurers must compensate aircraft lessors for planes seized by Russia will provide useful support for companies seeking repayments for assets stranded in conflict zones with little probability of their return.

  • June 12, 2025

    Broadstone Buys ExactVAL To Boost Pension Transactions

    Retirement consultancy Broadstone said Thursday it has bought actuarial service provider ExactVAL to support insurers in carrying out pension transactions.

  • June 12, 2025

    Gowling Steers Pension Insurer's £150M Buy-In For Reach

    Just Group, a pensions insurer, revealed on Thursday it has taken on retirement plan liabilities worth £150 million ($204 million) from a program sponsored by publishing giant Reach.

  • June 12, 2025

    UK Insurers Press Gov't For Long-Term Flood Resilience Plan

    Britain's insurance sector has welcomed £4.2 billion ($5.7 billion) in government spending earmarked for flood defenses, but says more needs to be done.

  • June 12, 2025

    Baker McKenzie Guides Credit Agricole's €345M Care Biz Deal

    The healthcare subsidiary of French banking giant Crédit Agricole SA said Thursday that it will buy Petits-fils, an at-home services provider for the elderly in France, for €345 million ($400 million) from French care provider Clariane SE.

  • June 12, 2025

    5 Questions For Howard Kennedy Partner Rebecca Hume

    The U.K government is putting crypto-assets at the heart of its growth agenda, relying on the Financial Conduct Authority to shore up regulation of the sector.

  • June 11, 2025

    UK Growth Push Puts FCA Enforcement On Unfamiliar Footing

    The government's demand that regulators should prioritize growth is "largely incompatible" with their duty to deter misconduct, say lawyers who are warning clients not to interpret the political messaging as a green light to engage in risky behavior.

  • June 11, 2025

    EU Insurers Push For Major Cuts To Sustainability Reporting

    A trade body for European insurers has urged the EU to "substantially" reduce the scale of one of its flagship sustainability reporting regimes, arguing that the framework needs clarification and simplification.

  • June 11, 2025

    EU Lawmakers Urged To Boost Share Settlement Competition

    A trade body for financial institutions in Europe has asked lawmakers to prioritize making clearing and settlement service more competitive in plans to integrate and grow European Union capital markets.

  • June 11, 2025

    Irish Health Insurance Uptake Dips As Prices Rise

    Ireland's Health Insurance Authority reported on Wednesday that the number of policies purchased in the sector has fallen, amid indications that rising prices for cover could be affecting the market.

  • June 11, 2025

    FCA Warns Financial Advisers Of Retirement Advice Failings

    The City watchdog said Wednesday that it has found that companies providing retirement income advice are failing to record clients' financial situations or revisit their attitude to risk in a thematic review.

  • June 11, 2025

    Nearly 80% Of Trustees Plan To Access Pension Surplus

    More than three-quarters of retirement savings plan trustees have said they are planning to use new powers floated by the government that will allow them to distribute surpluses tied up in their schemes, a consultancy has said. 

  • 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.

Expert Analysis

  • Digital Nomads: Key Considerations For Global Businesses

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    As employers and employees embrace remote, location-independent work arrangements enabled by technology, they must be mindful of the employment law and tax consequences such arrangements may trigger, say Hannah Wilkins and Audrey Elliott at Eversheds Sutherland.

  • New License Eases Sanctioned Clients' Legal Fee Payments

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    The general license recently issued by the U.K. Office of Financial Sanctions Implementation permitting the payment of legal fees owed by a sanctioned company or individual will potentially reduce the agency's backlog and is welcome news for both lawyers and OFSI staff, say Zulfi Meerza and Syed Rahman at Rahman Ravelli.

  • Preparation Is Key To Businesses Minimizing Cyber Breaches

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    A recently published report by the U.K. Department for Digital, Culture, Media and Sport on organizational experiences of cybersecurity breaches highlights the importance of having breach response policies in place and being able to demonstrate that reasonable preventive and risk management steps were taken, says Lawson Caisley at White & Case.

  • UK Policyholders Can Expect Better COVID Claims Handling

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    The U.K. Financial Conduct Authority recently outlined some best practices for COVID-19 business interruption claims handling, which, along with recent High Court of Justice decisions, will likely lead to faster claims handling and clearer insurer communication, say Gurpreet Sanghera and Charlie Edwards at Simkins.

  • A Recovery Option For Lenders With Planes Stuck In Russia

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    For aircraft lessors considering insurance coverage litigation to recover for losses of equipment leased to Russian airlines, negotiating an assignment of rights may provide a faster pathway to recovery, say David Klein and Jose Lua-Valencia at Pillsbury.

  • Series

    My Favorite Law Prof: How I Learned To Argue Open-Mindedly

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    Queens College President Frank Wu reflects on how Yale Kamisar’s teaching and guidance at the University of Michigan Law School emphasized a capacity to engage with alternative worldviews and the importance of the ability to argue for both sides of a debate.

  • 4 Key Skills For An Effective Attorney Coaching Conversation

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    As BigLaw firms are increasingly offering internal coaching as one of many talent strategies to stem ongoing lawyer attrition, Stacey Schwartz at Katten discusses how coaches can help attorneys achieve their goals.

  • New Clarity On Directors' Creditor Duty In Insolvency Context

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    The recent case of BTI 2014 v. Sequana, the first to consider the creditor duty at U.K. Supreme Court level, provides directors and insolvency practitioners with significant guidance on how close to insolvency the company needs to be for the creditor duty to be engaged, say attorneys at Shearman.

  • FCA Pension Scheme Case Highlights Issues Ripe For Reform

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    The Financial Conduct Authority's response to the British Steel Pension Scheme case exposed wider issues within its regulatory approach and could demonstrate the need for industrywide reforms to minimize the risks with transferring out of a pension scheme, say Oliver Reece and Larisa Gordan at PwC.

  • What An Organization Can Do To Protect Its Supply Chains

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    In light of recent world events, supply chain issues have never been more critical for business, and to protect the commercial viability of their contracts, organizations should address performance concerns in good time, with a workable strategy in place should the chain break down, says Laura Heeley at Eversheds Sutherland.

  • German Draft Bill Reflects Trend Toward New Antitrust Tools

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    A recently proposed amendment to the German Act against Restraints on Competition continues the trend in Europe to equip authorities with greater powers, shifting from a more traditional approach to a more extensive market protection tool, say attorneys at Gibson Dunn.

  • How Counsel Can Effectively Lead Data Breach Investigations

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    More businesses are expecting in-house counsel to lead cybersecurity incident responses, so lawyers should work on asking external responders the right questions, managing ransom negotiations to gain time and information, and communicating with regulators to avert or limit penalties, say Oliver Price and Kevin Hughes at FTI Consulting.

  • What EU Oil Spill Insurance Ruling Means For UK Arbitration

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    A recent European Court of Justice opinion in an insurance dispute related to the 2002 sinking of oil tanker MV Prestige provides clarity on the priority of cross-border judgments and arbitral awards, and indicates that EU member state civil judgments will be given precedence over U.K. arbitral awards — with exceptions, says David Vaughan at Collyer Bristow.

  • UK Claim Limitation Ruling Is A Tentative Win For Insurers

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    A U.K. county court's recent decision in Rashid v. Direct Savings reduces the limitation period for third parties to make direct claims against insurers, potentially providing insurers with a defense that was not previously apparent, if the decision is upheld on appeal, says Robert Morris at RPC.

  • Why Risk-Based Employee Conduct Policies Are Advisable

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    In establishing employee conduct policies, companies should consider the extent to which they are exposed to certain types of risk, such as bribery and corruption, as establishing clear written standards offers a step toward avoiding criminal liability, says Steve Melrose at Bellevue Law.

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