Insurance UK

  • March 26, 2025

    FCA Presses London Insurers Into Misconduct Training

    The scandal-hit London insurance market has drawn up a training program for staff after pressure from the Financial Conduct Authority, a group of trade bodies said.

  • March 26, 2025

    UK Insurer Beam Buys Commercial Lines Broker KDH

    Beam Insurance Solutions has acquired commercial lines broker KDH, as The Broker Investment Group-backed company strengthens its presence in the U.K.'s Midlands and targets hitting £22 million ($28 million) in gross written premiums by the end of 2025.

  • March 26, 2025

    Most DC Savers In Plans With 'Productive Asset' Investment

    Almost nine in 10 defined contribution pension savers are in schemes that invest in at least one "productive asset" class, such as infrastructure, Britain's retirement watchdog has said.

  • March 25, 2025

    Chubb Settles £3M Building Defect Claim With Housing Assoc.

    An affordable housing association has agreed to settle the £3.1 million ($4 million) claim it brought against Chubb European Group SE and other insurers to cover the costs of fixing a string of defects in a building project in northwest London.

  • March 25, 2025

    Aviva Pays Out £1.9B In Protection Claims In 2024

    Insurance giant Aviva said on Tuesday that it paid out more than £1.89 billion ($2.45 billion) on almost 62,000 individual and group protection claims in 2024.

  • March 25, 2025

    Howden To Buy Pensions Adviser Barnett Waddingham

    Insurance broker Howden Group said on Tuesday that it is acquiring U.K. professional services consultancy Barnett Waddingham to provide the group with expertise in pensions and fuel its continued global expansion.

  • March 25, 2025

    Ex-National Grid Worker Partially Wins Appeal In Pension Row

    A London court has ruled that a former National Grid employee can forge ahead with a claim accusing the energy company of failing to give him a fresh opinion about its decision to deny him a pension over his ill health.

  • March 25, 2025

    Quarter Of Pension Schemes Still Have 'Nondigital' Data

    The U.K. retirement saving watchdog said it has warned pension schemes that are failing to meet data standards, as one in four providers still have consumer information in a paper format.

  • March 25, 2025

    FCA Issues Regulatory Reform Plan To Promote UK Growth

    The Financial Conduct Authority unveiled a five-year plan on Tuesday to encourage more risk-taking by business, part of a wider effort to fire up the economy.

  • March 25, 2025

    FCA Boss Presses Pro-Reform MPs For Clarity On Risk

    The chief executive of the Financial Conduct Authority called Tuesday on MPs pressing for regulatory reform for clarification of how much risk is acceptable in the pursuit of growth as he warned of a potential rise in money laundering and property defaults.

  • March 24, 2025

    A&O Shearman Dials In £10B Pension Deals For BT Scheme

    One of the U.K.'s largest private-sector pension funds said it had offloaded £10 billion ($13 billion) in longevity risk to two reinsurers, in a deal steered by A&O Shearman and Willkie Farr & Gallagher LLP.

  • March 24, 2025

    EU To Ease Financial Benchmark Rules For Administrators

    European Union negotiators approved on Monday an amended regulation on financial benchmarks to ease the burden on small and medium-sized firms that operate as administrators.  

  • March 24, 2025

    Global M&A Rebound Drives Insurance Boom, UK Broker Says

    Insurers are seeing growing demand from businesses for protection from risk connected to mergers and acquisitions, amid a global recovery in deal making in 2024, a survey by Marsh McLennan has found.

  • March 24, 2025

    Schroders Wins £740M Pension Management Contract

    Schroders' pension investment and advisory arm has confirmed its appointment as fiduciary manager of a pension scheme linked to Aga Rangemaster and will oversee £740 million ($958 million) worth of assets on behalf of the kitchen appliance brand scheme.

  • March 24, 2025

    UK Car Insurance Premiums Drop 17% Amid Lower Claims

    U.K. motorists are now paying £777 ($1,005) on average for their car insurance, a 17% year-on-year fall, broker WTW said Monday.

  • March 24, 2025

    UK Pension Deal Market Hit £47.6B In 2024

    The total value of pension deals carried out last year hit a near-record £47.6 billion ($61.6 billion) — a level that could prove to be a new norm for the market, a consultancy said.

  • March 21, 2025

    Spanish Lottery Co. Accused Of Tax Insurance Market Breach

    Spain's competition authority said Friday it is investigating a lottery company on suspicion of suppressing the marketing of tax insurance coverage for lottery winners.

  • March 21, 2025

    Insurers Provide £14.9B Of Cover With Post-Grenfell Program

    The insurance industry has provided cover worth £14.9 billion ($19.2 billion) for more than 680 high-risk buildings during the nine months of a program designed to expand insurance capacity for properties with combustible cladding, a trade body has said.

  • March 21, 2025

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

    This past week in London has seen a sub-postmaster sue the Post Office and Fujitsu, Russian insurer Ingosstrakh hit the Financial Times with a defamation claim, and Britvic-owned Robinsons Soft Drinks file a passing off claim against Aldi. Here, Law360 looks at these and other new claims in the U.K.

  • March 21, 2025

    Insurance Giant Howden Buys Scotland Broker SKB

    Insurance broking giant Howden Group said it has bought Scotland-based SKB Independent Insurance Brokers.

  • March 21, 2025

    Insurer MS Amlin To Write €110M For Ukraine War Facility

    Lloyd's of London insurer MS Amlin said Friday that it has committed up to €110 million ($119 million) in reinsurance over five years to support war-risk policies underwritten by three Ukrainian insurers.

  • March 21, 2025

    FCA Probes Commission 'Concerns' Over Life Insurance Sales

    The financial watchdog said that Friday it is launching a probe into whether insurance cover for critical illness or death in a family represents fair value to consumers, amid concerns over the sales of overpriced or unsuitable products.

  • March 28, 2025

    Simmons & Simmons Hires 4 Insurance Pros From Kennedys

    Simmons & Simmons LLP has hired a team of four lawyers from Kennedys to boost the international insurance claims service at its London office.

  • March 21, 2025

    Underwriter Ignite Launches Litigation Cover In Europe

    Insurance business Ignite Specialty Risk said it will start offering litigation cover in the European Economic Area, following new legislation on class action.

  • March 20, 2025

    Gallagher Hits Back At Former CEO's £1.5M Claim For Losses

    Arthur J. Gallagher & Co.'s benefits and consulting arm denies that it owes a former chief executive of a company it acquired £1.55 million ($2 million) on his claim that it failed to manage the business correctly, as legal wrangling over the acquisition continues.

Expert Analysis

  • The Problem — And Opportunity — Of Implicit Bias In The Bar

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    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.

  • Roundup

    Pursuing Wellness

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    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.

  • Series

    Why I Became A Lawyer: Expanding The Meaning Of Diversity

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    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.

  • 2 Perspectives On Navigating The Litigation Funding Process

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    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.

  • Answers To Key Legal Finance Ethics Questions

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    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.

  • Competing Legal Factors Vex Insurance Arbitration Disputes

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    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.

  • Cannabis Investors Should Beware Money Laundering Risk

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    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.

  • Real-Life Lessons For Lawyers From 'Game Of Thrones'

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    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.

  • UK Firms Should Be Prepared For Government Raids

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    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.

  • Series

    Why I Became A Lawyer: Completing The Journey Home

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    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.

  • 3 Insurance Issues Raised By The Notre Dame Cathedral Fire

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    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.

  • Where The Post-Libor Litigation Tsunami Will Hit

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    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.

  • Despite Decline In Cyberattacks, UK Cos. Should Stay Vigilant

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    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.

  • UK Antitrust Watchdog Proposals Would Bolster Enforcement

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    The U.K. Competition and Markets Authority's proposals for reshaping competition enforcement and consumer protection would shift the historical balance in U.K. competition policy, increasing regulatory burden on companies while weakening judicial scrutiny of CMA actions, says Bill Batchelor of Skadden.

  • Guest Feature

    Preet Bharara On The Human Factor In The Justice System

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    A key theme in Preet Bharara's new book is the enormous role the human element plays in the administration of justice. The former U.S. attorney for the Southern District of New York discussed this theme, among other topics, in a recent conversation with White and Williams attorney Randy Maniloff.

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