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Insurance UK
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November 26, 2025
Gov't To Boost Pensions For UK Retirees Hit By Inflation
The U.K. government said Wednesday it plans to increase benefits for retirees who have seen their pensions eroded over the years by inflation.
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November 26, 2025
Howden-Owned MGA Launches Biodiversity Insurance Policy
Dual UK, a managing general agent owned by insurance broker Howden, has unveiled what it called the first insurance product to support biodiversity gains and drive sustainable development in Britain.
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November 26, 2025
UK To Limit Pension Tax Breaks, Raising Retirement Concerns
The U.K. government said Wednesday it will reduce tax breaks on pension salary-sacrifice arrangements, despite fears it could leave millions worse off in retirement.
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November 26, 2025
FCA Finds Misreporting Problems In Investment Firms' Data
The Financial Conduct Authority warned on Wednesday that it has found investment firms across the sector are reporting data on their capital positions and risk management to the regulator wrongly.
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November 26, 2025
DWF-Led Pension Trustee Co. IGG Buys Savings Adviser
Independent Governance Group, a pensions trusteeship and governance services provider, has acquired retirement consultancy KGC Associates Ltd. to help the business to grow.
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November 26, 2025
Marine Insurers UK P&I Club, TT Club In Merger Talks
Two mutual businesses have revealed that they are in talks over a merger to create one of the world's largest marine and logistics insurance companies.
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November 25, 2025
4 Things To Watch As UK Releases Budget
The U.K.'s Labour government is set to release an autumn budget Wednesday that faces a test of balancing a pledge not to raise working people's taxes with an expected need to boost revenue to meet fiscal rules. Here are four things to watch for as the budget is issued.
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November 25, 2025
Male-Dominated Underwriting Sector Hinders Female Progress
A majority of female executive underwriters regard the less inclusive "male-dominated leadership environment" as the main cause of decreasing numbers of women in senior roles in the underwriting profession, a survey has found.
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November 25, 2025
Half A Million Pensioners 'At Risk Of Paying Income Tax'
An additional half a million state pensioners would pay income tax if the government extends the freeze on thresholds for another two years, a former pensions minister has said.
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November 25, 2025
MPs Call For Expansion Of State Reinsurer To Cyberthreats
The government should extend the scope of the U.K.'s £2.2 trillion ($2.9 trillion) terrorism reinsurer to cover emerging cyberthreats, lawmakers have said, amid growing concerns about a risk to the economy of a major attack on IT infrastructure.
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November 25, 2025
Global Body Adds 4 Insurers To Resolution Standards List
A global standard setter said Tuesday it has added three large Swiss insurers to its latest list of entities required to have a plan to cope with business failure, raising the number from 13 to 17.
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November 25, 2025
FCA Cancels Insurance Biz's License Over Compliance Issues
The Financial Conduct Authority has said it has prevented a company that sells insurance policies for dental and breast implants from conducting any regulated activities because it failed to pay fees it owed to the watchdog.
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November 25, 2025
AXA Unit Buys 40% Of Fiber Biz From Vodafone, Telefónica
A subsidiary of AXA Investment Managers said Tuesday it has acquired a 40% stake in FiberPass, a wholesale network operator, from Vodafone Spain and Telefónica España, as the global investor continues to expand its digital infrastructure portfolio.
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November 24, 2025
UK Gov't Confirms 4.8% State Pension Increase In 2026
The government has confirmed that it will raise the state pension by 4.8% in 2026, maintaining the triple lock despite fears that millions of older people will be dragged into paying income tax on the benefit.
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November 24, 2025
Employers Urged To Take Lead On UK Retirement Savings
Employers must shoulder the majority of the responsibility in helping to ensure Britons have adequate savings in later life, Hymans Robertson said.
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November 24, 2025
Ex-Georgia PM Wins $607M Appeal Over Credit Suisse Fraud
The Bermudan life insurance arm of Credit Suisse lost its challenge on Monday to a $607 million damages bill it owes to the former prime minister of Georgia as the top court for overseas U.K territories rejected its arguments.
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November 24, 2025
Gov't Warned Over Changing Pension Tax Relief In Budget
Senior British insurance and pension professionals have warned the government against changing pension tax relief in the upcoming Budget, claiming that it could affect savings.
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November 24, 2025
Ex-Investments Head Wins £40K Over Redundancy Clash
The former head of investments at Kimura Management Services has been awarded almost £40,000 ($52,000) in compensation by a London employment tribunal, which found the defunct trade finance company liable for multiple breaches during its redundancy process.
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November 21, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Clyde & Co. face a claim from Yorkshire firm GWB Harthills, a property developer previously investigated over suspected bribery and corruption sue the general counsel and solicitor to HM Revenue and Customs, and sportswear giant Gymshark bring an intellectual property claim against its co-founder's rival company, AYBL. Here, Law360 looks at these and other new claims in the U.K.
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November 21, 2025
3i Wins Court Backing Over Pension Rules Ahead Of Scheme Closure
Private equity firm 3i PLC won High Court backing for its interpretation of its pension plan rules on Friday, in a key ruling connected to its decision to close the scheme as it defeated opposition from its compliance director acting on behalf of scheme members.
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November 21, 2025
EU To Simplify Rules For Sustainable Finance Products
The European Commission has unveiled major amendments to its Sustainable Finance Disclosure Regulation, proposing streamlined laws designed to simplify reporting rules, cut costs and better reflect how financial markets work.
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November 21, 2025
Gov't Urged To Include Climate In UK Pensions Commission
Climate change and wider sustainability factors should form part of the government's recently revived Pensions Commission because they are "inextricably linked" to the future of British savers, an industry association said in a letter to the commission published on Friday.
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November 21, 2025
FCA Plans Reduced Reporting To Save Firms £108M A Year
The Financial Conduct Authority proposed Friday to reduce transaction reporting requirements for 1,400 firms in the financial sector, which would save them an estimated £108 million ($141 million) a year.
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November 21, 2025
A&O Shearman Guides £6B Pension Deal For BBC
The British Broadcasting Corporation has struck a deal to insure £6 billion ($7.8 billion) of its pension liabilities with Zurich and Metropolitan Life Insurance Co., in a transaction steered by A&O Shearman, Slaughter and May, Eversheds Sutherland, and Debevoise.
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November 21, 2025
UK Inheritance Tax Revenue Up 4% So Far In 2025
The government collected £5.2 billion ($6.8 billion) in inheritance tax between April and October, figures published on Friday by Britain's tax authority show, extending a record-setting trend in the 2025/26 financial year.
Expert Analysis
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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.
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3 EU And UK Data Protection Tips During COVID-19
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.