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Insurance UK
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January 06, 2026
Prudential Launches $1.2B Share Buyback Program
Prudential PLC said Tuesday that it will reward investors with a new $1.2 billion share buyback program in 2026 after the British insurance and asset management giant successfully listed an Indian subsidiary on the Asian country's stock exchange in December.
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January 06, 2026
Broadstone Helped Steer Record £500M Pension Deals In 2025
Financial services consultancy Broadstone said Tuesday that it helped to steer 36 pension deals worth a record £508 million ($687 million) in 2025, taking the total of transactions completed through its SM&RT Insure service to more than £1 billion.
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January 06, 2026
Latham-Led Howden To Buy US Broker Atlantic Group
Global insurance broker Howden Group Holdings Ltd. has said that it has agreed to acquire Atlantic Global Risk LLC, a transaction liability insurance firm, as it aims to increase its presence in the U.S. market.
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January 06, 2026
Admiral Completes Sale Of US Motor Insurance Biz To PE Firm
Admiral Group PLC has said it has completed the sale of its U.S. motor insurance business to private investment firm J.C. Flowers & Co., to focus its operations on Britain and Europe.
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January 05, 2026
FCA Renews Its UK-EU Derivatives Trading Venue Flexibility
The Financial Conduct Authority said Monday it has renewed for six months temporary rules allowing U.K. businesses to trade over-the-counter derivatives with European Union clients on EU trading venues, without mutual equivalence.
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January 05, 2026
Pensions Body Voices Fears Over Superfund Lifeboat Levy
Proposals by the pensions lifeboat body to continue charging a levy to superfunds do not reflect the risks posed in the emerging sector and stops the funds benefiting from the zero charge applied to other schemes, a retirement savings provider said Monday.
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January 05, 2026
Munich Re Unit Completes €80M Acquisition Of Baltic Insurer
Ergo Group, the insurance arm of Munich Re, said Monday that it has completed the acquisition of ADB Gjensidige, the former Lithuanian subsidiary of Norwegian general insurer Gjensidige Forsikring ASA, in a deal worth €80 million ($93.3 million).
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January 12, 2026
Travers Smith's Pensions Head Joins Pinsent Masons
Pinsent Masons LLP said Monday that it has hired the head of pensions at Travers Smith LLP, marking the loss of another senior partner for the London law firm.
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January 05, 2026
Divorced Women Face 61% Pension Gap In UK
Divorced women in the U.K. retire with substantially smaller pension savings than their male counterparts, highlighting a deepening "pension gap" tied to marriage and lifetime earning patterns, a consultancy said on Monday.
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January 05, 2026
UK Pensions Deal Market Could Hit Record £55B In 2026
Pension deals in the U.K. could hit a record £55 billion ($74 billion) in 2026 if favorable pricing continues amid a rise in acquisitions among some of the biggest insurers in the sector, Lane Clark & Peacock LLP said Monday.
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January 05, 2026
FCA Expected To Boost Fines, Name More Companies In 2026
The Financial Conduct Authority is likely to step up its enforcement action in 2026 with higher fines and more readiness to name companies under investigation, bolstered by a landmark High Court rejection of a challenge to such a naming decision.
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January 02, 2026
BoE Tells Insurers To Notify Of Capital Changes In Advance
The Bank of England told insurers Friday to inform it of any intention to issue or amend capital instruments such as shares or bonds for inclusion in regulatory capital.
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January 02, 2026
FCA Ends 150 Investigations And Sharpens Enforcement
The Financial Conduct Authority revealed Friday that it has closed more than 150 of its investigations in the past three years as it moves toward fewer and more focused probes.
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January 02, 2026
SFO Faces Critical Year With Several Major Trials In 2026
Though the Serious Fraud Office spent a year largely outside the courtroom, 2026 is shaping up to be a blockbuster period for the white-collar enforcer, with four cases going to trial involving 11 defendants charged with fraud and bribery.
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January 02, 2026
What To Expect From Financial Crime Regulation In 2026
Plans by the government to reform the criminal justice system by scrapping jury trials in cases of complex fraud headline a series of regulatory and legislative changes on the cards for 2026 in cases of economic crime.
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January 02, 2026
Car Loans, AI, Crypto Top UK's 2026 Consumer Protection List
Financial regulators have entered the new year with a long list of unfinished business in consumer protection and other regulatory areas, ranging from targeted support and a major redress program to a first full U.K. regime for crypto assets and a better steer on artificial intelligence.
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January 02, 2026
Pensions Bill To Reshape UK Retirement Sector In 2026
The U.K. pensions industry will be in a state of flux in 2026 because of the passage of a raft of reforms geared toward boosting the role of the sector in domestic investment.
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January 02, 2026
Litigation Risks Top Challenges Faced By UK Insurers In 2026
Insurers will be forced in 2026 to grapple with new litigation, including the adoption of fast-emerging AI technology by businesses and subsequent disputes over "forever chemicals."
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January 01, 2026
BigLaw Leaders Tackle Growth, AI, Remote Work In New Year
Rapid business growth, cultural changes caused by remote work and generative AI are creating challenges and opportunities for law firm leaders going into the New Year. Here, seven top firm leaders share what’s running through their minds as they lie awake at night.
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January 01, 2026
The Top 10 UK Commercial Litigation Cases To Watch In 2026
Millions of pounds will be at stake when the U.K. Supreme Court hears the battle between businesses forced to close during the COVID-19 pandemic and their insurers over furlough deductions.
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January 01, 2026
UK Legal Sector Braces For M&A Surge, AI Boom In 2026
The year ahead is set to accelerate the transformation of the legal sector, with developments including a surge in mergers and acquisitions and artificial intelligence moving beyond hype.
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December 23, 2025
Actuary Fined For Anti-Islam Tweets Wins Belief Protection
An actuary hit with a two-year ban and a fine of almost £23,000 ($31,000) has convinced an employment tribunal that his belief in traditional Islam being problematic and deserving of criticism constituted a protected belief under the Equality Act.
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December 23, 2025
Ørsted Sells 55% In Taiwan Wind Project To Cathay For $788M
Ørsted AS said Tuesday that it has sold a 55% stake in its Taiwanese wind project to life insurer Cathay for 5 billion Danish kroner ($788 million) as the Danish renewables company looks to shore up the business after setbacks in the U.S.
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December 23, 2025
Crypto Thefts Rise Amid Threats Of Kidnapping, Theft
Criminals are increasingly using kidnapping, robbery and theft to obtain access to digital assets from crypto exchanges, brokers and individuals, making secure passwords irrelevant, a trade body warned Tuesday.
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December 23, 2025
Insurance Body To Face Down 'Systemic Risks' In 2026
An influential trade body for underwriters said Tuesday it will examine how to tackle new risks that pose a threat to the entire insurance industry in 2026.
Expert Analysis
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How Climate, Finance And Trade Will Intersect In 2021
In the coming year, the Biden administration will likely align its policies on climate change, finance and trade more closely with those of international partners and organizations, leading to more coordinated action on climate standards that will be applied across the global economy, say consultants at C&M International.
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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.