Insurance UK

  • July 28, 2026

    Skadden Steers MGA Optio On Sale To Cinven, La Caisse

    Private equity firm Cinven and investor La Caisse have agreed to acquire a majority stake in Optio Group Ltd., a specialty insurance managing general agent, from existing shareholder Preservation Capital Partners.

  • July 27, 2026

    UK Court Cuts Penalties, Upholds Bans Over Pensions Advice

    A U.K. appeals court upheld the Financial Conduct Authority's decision to ban a company director and pensions adviser from the financial services sector but reduced the watchdog's penalty assessment, holding Monday that fines should be proportionate to harm caused.

  • July 27, 2026

    Insurance Co. Loses Appeal Over Dividend Tax Restitution

    An insurance company can't rely on an earlier test case to extend limits for seeking restitution on taxes paid on dividends because the test case has since been overruled, the U.K.'s top court ruled Monday.

  • July 27, 2026

    BMS Hits Back At Howden Group Over Client-Poaching Claim

    BMS Group has denied colluding with Howden Group's former head of power to poach its client, arguing the insurance group drove the client away itself by going into competition with it in the U.S. retail insurance market space. 

  • July 27, 2026

    FCA Finds Weak Monitoring In Consumer Duty Review

    Some financial businesses are failing to identify risks of harm under their consumer duty obligations because they have weak monitoring of the outcomes they deliver, according to a review published on Monday by the watchdog for the sector.

  • July 27, 2026

    Lloyd's Body Pushes Through Exclusions On Iran Tolls

    The Lloyd's Market Association has published a model clause that marine insurers can adopt under which a vessel's insurance cover ceases if its operator pays a toll to transit the Strait of Hormuz.

  • July 27, 2026

    Pensions Trustees 'Must Look Beyond Buy-In Deals'

    Trustees of U.K. defined benefit schemes should not view the completion of a pension buy-in as the end of their long-term plans, a retirement saving specialist warned Monday.

  • July 27, 2026

    Aon Debuts AI Risk Assessment Tool For Insurers

    Aon PLC said Monday it has launched a tool for businesses to assess risks associated with the adoption of artificial intelligence, as underwriters grapple with the possibility that the new technology could go rogue.

  • July 27, 2026

    FCA Launches Campaign To Help Car Finance Victims

    The Financial Conduct Authority launched a national advertising campaign on Monday to help millions of car finance customers make free complaints about hidden commissions and claim compensation.

  • July 27, 2026

    Pensions Biz Railpen Walks Away From IP Group Bid

    IP Group said Monday that it will press ahead with its existing strategy after the company's largest shareholder, a U.K. retirement savings plan for railway staff, formally withdrew from a possible takeover.

  • July 24, 2026

    UK Motor Insurance Set To Rise Despite Gov't Probe, EY Says

    The cost of motor insurance for U.K. drivers is set to rise by 16% over the next two years, Ernst & Young has said, despite efforts by the British government to curb the cost of rising car cover.

  • July 24, 2026

    UK Insurers Rattled By Sanctions Risk Of Iran Hormuz Tolls

    Insurers covering vessels transiting the Strait of Hormuz could be at risk of breaching international sanctions against Iran if they reimburse shipowners that might be forced to pay transit tolls to Tehran under any settlement reached after the war, legal experts warned.

  • July 24, 2026

    Loss Adjuster QuestGates Snaps Up Liability Claims Biz

    Loss adjusting specialist QuestGates said it has acquired liability claims business Howell Wild, a move it believes will bolster its business.

  • July 24, 2026

    Insurer Says Repair Work Not Covered In Port Crash Row

    A maritime protection and indemnity insurer has told a London court it should not have to pay out to a Brazilian logistics company for collisions involving its vessels at a grain terminal because the liabilities arose during maintenance work not covered by the policy.

  • July 24, 2026

    Clarion Denies Fake Claims In £2.9M Bond Building Row

    Clarion Housing Association Ltd. has said it did not make false representations to an insurance company to secure bonds for two development projects in England, arguing that any misunderstanding about who would be carrying out the building works was not its fault.

  • July 24, 2026

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

    The past week in London has seen financial advice firm Smith Square Partners sue ailing social housing company Home REIT, Pogust Goodhead hit with a contract claim by one of its investors, and Entain faced with its latest claim in expanding litigation linked to alleged bribery at its former Turkish business. Here, Law360 looks at these and other new claims in the U.K.

  • July 24, 2026

    Hogan Lovells Steers Miller Pension Scheme On £100M Deal

    Investment company M&G PLC said Friday that it has completed a £100 million ($133 million) transaction that secures the retirement savings benefits of members of the pension scheme of Miller Insurance Services.

  • July 24, 2026

    BoE Rejects 'Unfounded' Claims Of Weak AI Cyber-Defenses

    Andrew Bailey, governor of the Bank of England, has defended its cyber-defenses against criticism and warned that advances in artificial intelligence still pose a growing threat to the financial system.

  • July 24, 2026

    HSBC To Sell Singapore Insurance Biz To Allianz For $2.1B

    HSBC said Friday that it will sell its Singaporean life and health insurance business to Germany's Allianz for $2.1 billion as the British bank continues to streamline its operations.

  • July 23, 2026

    Weightmans, Verisk Launch Insurance Fraud Platform

    Weightmans has launched a new insurance fraud platform in partnership with U.S. risk management company Verisk, saying the technology will help insurers spot suspicious activity sooner and better manage higher-risk claims. 

  • July 23, 2026

    UK Pension Surplus Remains Unchanged At Around £55B

    The total funding surplus of pension plans among the top 100 businesses in Britain has remained stable at around £55 billion ($73.5 billion) compared to last year, according to data provided by Lane Clark & Peacock LLP. 

  • July 23, 2026

    Torsten Bell Reappointed As Pensions Minister

    The new U.K. government of Andy Burnham has reappointed Torsten Bell as pensions minister, in what industry experts hope is a sign of policy continuity for the sector.

  • July 23, 2026

    FCA Warns Nonlife Insurers Of Conflicts Of Interest

    The Financial Conduct Authority warned nonlife insurance businesses on Thursday to manage conflicts of interest in their business models, pointing out that it is contacting some companies with concerns about heightened risk.

  • July 23, 2026

    Gowling Guides £260M Pension Deal For Standard Life Unit

    Insurance giant Standard Life said Thursday it has completed a £260 million ($347 million) pension risk transfer with its business unit ReAssure, in a deal steered by Gowling WLG.

  • July 23, 2026

    FCA To Ban Father, Son From Finance After Fraud Trial

    The City regulator said Thursday it has decided to ban a father and son from U.K. financial services after a London court found they had engaged in fraud and misused client money in the sale of an insurance brokerage.

Expert Analysis

  • How New Framework Could Ease EU-US Data Transfer Burden

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    The recently proposed Trans-Atlantic Data Privacy Framework would facilitate the transfer of personal data between the EU and participating U.S. companies and leave the U.K. to play catch-up, but there remain risks of the same legal challenges that invalidated previous data transfer arrangements, says Fred Saugman at WilmerHale.

  • What EU Corporate Sustainability Plan Means For Contracts

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    The EU's proposed directive on corporate sustainability due diligence would have a significant impact on contractual assurances in relation to human rights and environmental impacts, says Francois Holmey at Carter-Ruck.

  • How The Rise In Ransomware Is Affecting Business Insurance

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    Following an unprecedented rise in global ransomware attacks, with insurance companies scaling back coverage and increasing premiums, policyholders should consider these trends and take certain steps to mitigate risks, say Marialuisa Gallozzi and Josianne El Antoury at Covington.

  • How A New Law Tightens The Screw On Dirty Money In The UK

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    By backing up and enhancing the unexplained wealth order regime in a significant rewriting of the rules, the long-awaited Economic Crime (Transparency and Enforcement) Act should do much to improve due diligence procedures and raise the standards for foreign wealth making its way to the U.K., says Syed Rahman of Rahman Ravelli.

  • A Landmark UK Enforcement Case For Crypto-Assets

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    HM Revenue and Customs' recent seizure of nonfungible tokens from three people under investigation for value-added tax fraud promises to be the first of many such actions against crypto-assets, so investors should preemptively resolve potential tax matters with U.K. law enforcement agencies to avoid a rude awakening, says Andrew Park at Andersen.

  • Emerging Economic Effects From Russia-Ukraine War

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    While the full economic effects of Russia's invasion of Ukraine will only become clear with time, some of the geopolitical and financial consequences are already becoming apparent, such as a possible shift from the petrodollar, Russian debt default and investor asset recovery complications, say attorneys at King & Spalding.

  • Unexplained Wealth Orders' Role In UK Dirty Money Bill

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    A bill passed by Parliament on Monday that targets Russian oligarchs who have substantial U.K. assets may embolden agencies who use unexplained wealth orders to take action against others who were not previously viewed as suitable candidates for UWOs, says Aziz Rahman at Rahman Ravelli.

  • How EU Proposal Would Affect Corporate Sustainability Duties

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    The European Commission recently released its proposal for a directive on corporate sustainability, human rights and environmental due diligence, that, if adopted, will have a substantial impact on the external corporate regulation and the internal corporate governance of the largest companies operating in the EU, says François Holmey at Carter-Ruck.

  • How Will UK Use New Penalties For Debt-Dodging Directors?

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    Thomas Shortland at Cohen & Gresser discusses the scope of the new disqualification regime for company directors who dissolve their businesses to avoid paying back state COVID-19 loans, and identifies factors that may affect how frequently the government exercises the new powers.

  • Automated AML Compliance Tools Are No Silver Bullet

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    As financial institutions increasingly use automated tools for anti-money laundering compliance, attorneys at Covington discuss the risks of overreliance on such tools, regulatory expectations, potential liability and insurance coverage implications, as well as lessons from recent enforcement actions.

  • Issues To Watch In Potential English Arbitration Act Reform

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    Summary dismissal, confidentiality, technological updates and certain other topics that could fall under the England and Wales Law Commission's upcoming review of the 25-year-old Arbitration Act should be of particular interest to those considering an English-seated arbitration, say Neil Newing and Alasdair Marshall at Signature Litigation.

  • UK's Vicarious Liability Juggernaut Shows Signs Of Slowing

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    In the last five years, U.K. court decisions have generally broadened the scope of vicarious liability, holding organizations responsible for individuals' crimes, but more recent decisions suggest that courts are finally taking steps to limit such liability, say Stephanie Wilson and Philip Tracey at Plexus Legal.

  • What 9th Circ. Arbitration Case May Mean For Insurance

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    If the plaintiffs in CLMS Management Services v. Amwins Brokerage of Georgia appeal the Ninth Circuit's recent decision that state law does not bar the enforcement of arbitration clauses in insurance contracts, the case may have a significant effect on the different dispute resolution options for insurers and policyholders, say attorneys at Sheppard Mullin.

  • UK Focus On Int'l Data Transfers Shows Appetite For Reform

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    Recent U.K. public consultations on international transfers of personal data and structural amendments to the country's General Data Protection Regulation illustrate the post-Brexit appetite for reform and signal changes to the international data transfers regime, say Kate Brimsted and Tom Evans at BCLP.

  • Policyholder Outlook Following UK Biz Interruption Test Case

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    In the nine months since the U.K. Supreme Court ruled in favor of policyholders in the Financial Conduct Authority’s test case on insurance coverage for COVID-19 businesses interruption claims, similar lawsuits filed against insurers show that a positive outcome for insureds is not guaranteed, say Peter Sharp and Paul Mesquitta at Morgan Lewis.

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