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Insurance UK
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									July 24, 2025
									
BoE Speeds Up Insurance Vehicle Approvals To Boost Growth
The Bank of England put into force Thursday rules speeding up authorizations for a type of insurer known as special purpose vehicles, slashing related compulsory senior manager applications with immediate effect to boost U.K. growth.
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									July 24, 2025
									
SFO Charges 6 With Fraud Over £75M Pension Investments
The Serious Fraud Office charged six individuals with fraud and money laundering on Thursday over alleged misrepresentations made to investors who poured £75 million ($101 million) from their pensions into self-storage units.
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									July 24, 2025
									
Lloyd's Grants Provisional Approval For South African Insurer
Specialist insurance market Lloyd's of London has granted "in principle" the go-ahead for Santam to launch a syndicate in London, a move the South African company said will fast-track its international growth.
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									July 24, 2025
									
Chesnara Raises £140M To Fund HSBC Life Buy
British pensions company Chesnara PLC said Thursday that it has raised approximately £140 million ($190 million) to partly fund the £260 million acquisition of the specialist life protection and investment bond provider of banking giant HSBC.
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									July 24, 2025
									
Pinsent Masons Guides £11M DAC Beachcroft Pension Deal
DAC Beachcroft LLP's pension plan has agreed to an £11 million ($14.9 million) full scheme buy-in with insurance giant Aviva PLC, consultancy Broadstone said Thursday.
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									July 24, 2025
									
Gov't Warned Over Risks From Captive Insurance Reform
A light-touch capital regime for U.K. businesses that want to insure themselves could pose new systemic risks to the economy, a credit ratings agency has warned.
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									July 24, 2025
									
Brown & Brown To Buy UK Racehorse Insurance Broker
The European subsidiary of insurance broker Brown & Brown Inc. has agreed to acquire Weatherbys Hamilton LLP, a specialist U.K. broker that offers cover for farms, estates and racehorses.
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									July 23, 2025
									
MPs Call For Gov't Strategy To Fix 'Pensioner Poverty'
A committee of lawmakers called on the government on Thursday to make it easier for people in retirement to claim benefits as the number of older citizens slipping into poverty continues to climb.
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									July 23, 2025
									
Fund Managers Ask EU Watchdog To Simplify Investing Rules
A trade body for European fund managers has urged the EU's financial markets regulator to streamline the "complex and time‑consuming" retail investment process, eliminating burdens that prevent savers from making better investments.
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									July 23, 2025
									
Insurance Actuaries Told To Review Modeling Assumptions
Insurance actuaries should review their modeling assumptions to factor in falling prices, among a range of changing market conditions Lane Clark & Peacock LLP flagged as significant going into 2026.
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									July 23, 2025
									
Insurer CPP Group To Sell India Biz For Up To $21M
U.K. insurance products provider CPP Group PLC said Wednesday it has agreed to sell its Indian unit to two local buyers for up to $21 million to exit the "increasingly constrained" business and focus on its new technology platform.
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									July 23, 2025
									
FCA Criticizes Firms For Slow Fixes To Reporting Failures
The Financial Conduct Authority warned regulated companies on Wednesday that it has found deficiencies in transaction reporting, with some taking too long to address compliance failings.
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									July 23, 2025
									
Aviva Study Identifies Gender Gap In UK Pension Engagement
Insurance giant Aviva said Wednesday that men are more likely than women to see themselves as the pension planner in their household.
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									July 22, 2025
									
Racecourses Lose Early Fight In £80M COVID Cover Battle
A racecourse business shuttered during the COVID-19 pandemic on Tuesday lost its case that £2.5 million ($3.4 million) insurance limits applied to every canceled race, with a London court ruling that each event was not a separate point of loss.
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									July 22, 2025
									
JMW Guides £4M Pension Deal For Church Scheme
Pension insurer Just Group has taken on £4 million ($5.4 million) worth of retirement savings liabilities from a scheme linked to a Christian church, in a deal put together by pensions consultancy K3 Advisory and guided by law firm JMW Solicitors.
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									July 22, 2025
									
BoE Chief Vows To Speak Up If Deregulation Goes Too Far
Andrew Bailey told a cross-party group of lawmakers Tuesday that he would speak out if the Treasury tries too hard to deregulate the financial services industry, adding that bank ring-fencing must remain in place.
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									July 22, 2025
									
Atradius Syndicate Gets 'In Principle' OK For Lloyd's Launch
Specialist insurance market Lloyd's of London has "in principle" given the green light for the operation of the Atradius Syndicate 1864, a new underwriting platform of the credit insurer.
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									July 22, 2025
									
DWF Beats Data Privacy Challenge In Injury Fraud Evidence
A London court tossed claims Tuesday that DWF Law LLP broke data protection laws when it analyzed and shared health information from three former personal injury claimants in a bid to expose alleged fraud patterns in road traffic accident cases.
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									July 22, 2025
									
FCA Warns Insurers On Poor Claims Handling
The City watchdog on Tuesday warned U.K. insurers over delays in paying claims and high rejection rates, as consumer groups called for enforcement action.
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									July 22, 2025
									
Insurers Push For Clear Liability Rules On Autonomous Flight
Britain's politicians must redraw the legal framework for liability over new autonomous aviation technology, a trade group for underwriters said on Tuesday, adding that a "clear and enforceable" regulatory regime will help insurers support the emerging sector.
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									July 22, 2025
									
Gov't Sets Out Plan To Include Pensions In Inheritance Tax
The government has confirmed that it is pushing ahead with plans to apply inheritance tax to wealth transferred through pensions in a move that experts say marks a "seismic" change for the sector.
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									July 22, 2025
									
NCA Calls For Crypto-Data Sharing In £100B AML Battle
The National Crime Agency has called for financial services companies to share data with law enforcers to improve identification of illicit cryptocurrency activity as it seeks to combat the estimated £100 billion ($135 billion) laundered in the country every year.
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									July 21, 2025
									
New AI Audit Standard Aims To Tame 'Wild West' Market
The British Standards Institution on Monday unveiled what it called the world's first standard for companies independently auditing artificial intelligence systems amid concern over a potential "wild west" of unchecked providers.
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									July 21, 2025
									
Ex-Union Lawyer Loses Claim Job Lost Over Whistleblowing
A former solicitor for the National Education Union has lost her claim that she was fired for raising concerns about its insurance cover, as an employment tribunal ruled she was actually dismissed for refusing to work.
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									July 21, 2025
									
Gov't Misses Chance To Go Big With New Pensions Body
The government launched a once-in-a-generation review of retirement savings on Monday, but experts warned that the new Pension Commission is a missed opportunity to take a no-holds-barred approach to tackle the savings crisis.
 
Expert Analysis
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Lenders Score Major High Court Victory In Foreclosure Case
									The U.S. Supreme Court's unanimous ruling on Wednesday in Obduskey v. McCarthy & Holthus LLP removes nearly all activities taken by creditors seeking nonjudicial foreclosure of liens and mortgages from the ambit of the Fair Debt Collection Practices Act, says John Baxter of Nelson Mullins Riley & Scarborough LLP.
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3 Brexit Scenarios And Their Implications For US-UK Trade
									Brexit negotiations are likely to result in one of three scenarios later this month: a Brexit deal, no Brexit at all or a "hard" no-deal Brexit. Each possibility will have different implications for the prospects of a U.S.-U.K. free trade agreement, says Dean Pinkert of Hughes Hubbard & Reed LLP.
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Frustrating Events: Are Your Contracts Brexit-Proof?
									In Canary Wharf v. European Medicines Agency, the U.K. High Court recently ruled that the U.K.'s withdrawal from the European Union will not discharge the EMA's lease obligations. Following Brexit, most similar arguments invoking force majeure or frustration are unlikely to succeed, say Rebecca Dipple and Wayne Hofer of Orrick Herrington & Sutcliffe LLP.
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Simple Secrets For Writing A Killer Brief
									These days, the legal profession offers meager opportunity for oral argument, so we need to focus on being better, brighter, tighter writers. And the key to writing a better brief is grabbing your judge's attention with a persuasive, well-crafted story, says Daniel Karon of Karon LLC.
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What 2019 Has In Store For UK Data Protection
									Many of the big data protection compliance themes of 2018 will continue on this year, including even General Data Protection Regulation preparation, but the possibility of a no-deal Brexit may complicate matters, says Stewart Room of PwC LLP.
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Opinion
Brexit International Arbitration Clause Is Misunderstood
									Much of the criticism aimed at the international arbitration clause in the recent Brexit withdrawal agreement unfairly identifies a perceived lack of transparency and appears to be based on a lack of understanding about the process, says Margarita Michael of O'Melveny & Myers LLP.
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The Lawyer's Daily
How To Requalify As A Lawyer In Canada
									Becoming a lawyer in Canada is a challenging experience for foreign qualified lawyers. In addition to the bar exam, hurdles include obtaining certification from the National Committee on Accreditation, and complications from moving to Canada halfway through the process, says Kyle Abrey, in-house counsel at the Royal Bank of Canada.
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Legal Technology Is Likely To Flourish In The UK
									The U.K. may soon surpass the U.S. in legal technology, thanks to regulatory reform, law firm investment and an entrepreneurial environment, says Bridget Deiters of InCloudCounsel.
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Opinion
Legal Operations Teams Are Gaining Popularity In EU
									As the European and global economies continue to change, any legal department that does not want to get outflanked by faster, more agile competitors should consider the value that legal operations teams have to offer, says Hans Albers, president of the Association of Corporate Counsel Europe.
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Why Proper Document Redaction May Be An Ethical Duty
									Paul Manafort's attorneys recently filed a court document containing incompletely redacted information, highlighting the need for attorneys to become competent at redaction — or at least at verifying that redaction has been performed correctly. Failure to do either could be construed as legal malpractice, says Byeongsook Seo of Snell & Wilmer LLP.
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Why The Flood Of GDPR Litigation Has Been Delayed
									Eight months into the General Data Protection Regulation regime, we have not yet seen the expected deluge of U.K. class actions, but be warned — the floodgates will not remain closed, says Bryony Hurst of Bird & Bird LLP.
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Opinion
Law Schools Should Be More Like Medical Centers
									Medical centers and their faculty matter to the practice of medicine. Law schools and their faculty do not matter to the practice of law, says J.B. Heaton of J.B. Heaton PC.
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Opinion
Courts Are Getting It Right On Litigation Funding Discovery
									Earlier this month, a California federal court denied discovery into the identification of third-party funders with a financial interest in the outcome of an underlying patent infringement action. This decision in MLC v. Micron follows a long line of well-reasoned precedent across U.S. federal courts, say Matthew Harrison and Sarah Jacobson of Bentham IMF.
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Worldwide Freezing Orders Can Backfire Without Proper Care
									Worldwide freezing orders, which preserve a respondent's assets until the outcome of the substantive case, are an important weapon in the arsenal of a commercial litigant. However, as FSDEA v. Dos Santos demonstrates, courts lay heavy obligations upon WFO applicants, says Nicola McKinney of Grosvenor Law Ltd.
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UK Litigation And Guidance Highlight Cybersecurity Risk
									Recent developments in the United Kingdom emphasize the importance of companies implementing cybersecurity measures proactively both to prevent incidents and to argue in mitigation when, not if, the company does suffer a data breach, say Guillermo Christensen of Ice Miller LLP and Anupreet Amole of Brown Rudnick LLP.