Insurance UK

  • December 05, 2025

    A&O Guides Stagecoach On £1.2B Pension 'Run On' Deal

    Asset management giant Aberdeen Group PLC said Thursday it would take over as the sponsor of the £1.2 billion ($1.6 billion) Stagecoach pension scheme, in a landmark deal steered by Slaughter and May, A&O Shearman and CMS Cameron McKenna.

  • December 05, 2025

    UK Watchdog Intervenes In Food Co.'s Pension Plan

    Britain's retirement savings watchdog said on Friday its intervention, sparked by concern for members of a pension arrangement sponsored by a food manufacturer, has prompted the business to commit to putting around £300 million ($400 million) into the plan.

  • December 05, 2025

    M&A Falls By A Third In UK Insurance-Distribution Sector

    Mergers and acquisitions activity in the U.K. insurance-distribution sector is set to have had a much quieter year, with acquisition volumes falling 34% in the first 11 months of 2025, according to a study published Friday.

  • December 05, 2025

    UK Watchdogs Plan To Spur £223B Mutual Financial Sector

    Two finance watchdogs unveiled plans to boost growth in the U.K. mutual banking and insurance sector on Friday, part of the government's plan to double the size of the £223 billion ($297.5 billion) market.

  • December 05, 2025

    Swiss Re Targets $500M Annual Share Buyback Program

    European insurance giant Swiss Re AG said Friday it will launch an annual share buyback program starting in 2026, adding that it will repurchase $500 million of shares every year after that.

  • December 05, 2025

    Gasket Maker, Insurance Broker Settle £2M Tool Theft Case

    A British manufacturer of pipe seals and gaskets has agreed to settle its £2 million ($2.7 million) dispute with an insurance broker to cover the cost of "valuable" tools stolen by thieves.

  • December 04, 2025

    EU Parliament Urged To Act On Gaps In Pensions Savings

    European savers deserve better returns and stronger consumer protections to ensure they have adequate pension pots, policy advocates have claimed, warning that reform is necessary to ensure citizens have sufficient resources in retirement.

  • December 04, 2025

    Smaller Audit Firms Gaining UK Market Share, Watchdog Says

    Smaller auditors are starting to challenge the dominance of the Big Four firms for scrutinizing the finances of the country's biggest and most important companies, the accounting watchdog said Thursday.

  • December 04, 2025

    Lloyd's Body Weighs Emerging 'Forever Chemicals' Litigation

    A trade body for Lloyd's of London has set up a committee to examine risks to the insurance sector from new forms of litigation, including those linked to "forever chemicals."

  • December 04, 2025

    Gov't To Address Pension Inflation In New Bill

    The government has said it will use its current set of pension reforms to push through long-awaited inflation-linked increases to the retirement benefits of older workers.

  • December 04, 2025

    EU Reveals Plan To Boost Financial Market Integration

    The European Commission unveiled a package of financial market reforms on Thursday, aimed at dismantling long-standing barriers to trade and creating a streamlined single capital market within the bloc of 27 nations.

  • December 04, 2025

    Legal Challenge Withdrawn After Gov't Pensions U-Turn

    Campaigners fighting for compensation over historical failings on payments of women's state pensions have scored a win after the government agreed to reconsider its decision not to create a redress program within 12 weeks.

  • December 10, 2025

    Hargreaves Lansdown Hires New GC From Direct Line

    Hargreaves Lansdown said Wednesday that it has hired a new chief legal officer and company secretary from insurer Direct Line Group, months after the wealth manager was acquired by a private equity consortium.

  • December 03, 2025

    Claims Prevention Biz To Raise £2.2M For US Expansion

    Ondo InsurTech PLC said Wednesday that it plans to raise at least £2.2 million ($2.9 million) to accelerate its expansion in the U.S.

  • December 03, 2025

    Bridgehaven Confirms Irish Insurer Acquisition To Enter EU

    British insurance company Bridgehaven said Wednesday it has completed the acquisition of Irish insurer SureStone Insurance DAC, marking what it called an "important step" in its European ambitions.

  • December 03, 2025

    Chubb Sued Over Advice On 'Worthless' Property Investment

    A Saudi investor has sued Chubb for around £259,000 ($344,500) to cover a conveyancing firm, alleging that the now-insolvent business negligently advised him when he bought "derelict" student accommodation in England that turned out to be "effectively worthless."

  • December 03, 2025

    Insurance Sector Could Take $200M Hit From HK Towers Fire

    The global insurance industry could face a combined loss of approximately $200 million from the fire that tore through a high-rise housing complex in Hong Kong last week, according to a credit ratings agency that specializes in the sector.

  • December 03, 2025

    Hogan Lovells-Led Asurion To Acquire UK Insurer D&G

    U.S. technology insurance firm Asurion LLC said it has agreed to acquire Domestic & General, an appliance care provider, in a bid to become a major player in the growing device and white goods appliance insurance sector.

  • December 03, 2025

    FCA Brings Forward Date To Tackle Motor Finance Complaints

    The Financial Conduct Authority said Wednesday it would end the pause on some complaints about motor finance deals on May 31, two months earlier than it had originally planned.

  • December 02, 2025

    Helvetia, Baloise Cleared To Form 2nd-Largest Swiss Insurer

    Swiss insurers Helvetia and Baloise have said that they have won the final approval for their planned merger, confirming that the deal to create the second-largest insurance group in Switzerland will close on Dec. 5.

  • December 02, 2025

    Hogan Lovells Steers Royal London In £55M Annuity Purchase

    Insurer Royal London said Tuesday that it has covered £55 million ($73 million) of pension liabilities for a shipping insurance company, in a deal guided by Hogan Lovells and Wedlake Bell.

  • December 02, 2025

    FCA Censures Bookkeepers' Body For AML Oversight Failings

    The Financial Conduct Authority said Tuesday it has censured the Institute of Certified Bookkeepers for serious deficiencies in its anti-money-laundering supervision, its first enforcement action against a professional body supervisor.

  • December 02, 2025

    TPT Picks Gowling, LCP To Advise Pension Superfund

    TPT named the four firms that will advise its new defined benefit superfund on Tuesday, as the pension plan operator moves toward regulatory assessment.

  • December 02, 2025

    Gallagher Buys UK Pensions Admin Co. First Actuarial

    Arthur J. Gallagher & Co. said Tuesday it has bought pensions company First Actuarial, as the U.S. company seeks to expand its services in the U.K.

  • December 02, 2025

    AXA Raises $340M For Infrastructure Development Fund

    Insurer AXA has said that it has raised $340 million in the first round of funding for the Infrastructure Resilience Development Fund, which it launched in collaboration with Insurance Development Forum, a public-private industry partnership body.

Expert Analysis

  • UK Policyholders Can Expect Better COVID Claims Handling

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    The U.K. Financial Conduct Authority recently outlined some best practices for COVID-19 business interruption claims handling, which, along with recent High Court of Justice decisions, will likely lead to faster claims handling and clearer insurer communication, say Gurpreet Sanghera and Charlie Edwards at Simkins.

  • A Recovery Option For Lenders With Planes Stuck In Russia

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    For aircraft lessors considering insurance coverage litigation to recover for losses of equipment leased to Russian airlines, negotiating an assignment of rights may provide a faster pathway to recovery, say David Klein and Jose Lua-Valencia at Pillsbury.

  • Series

    My Favorite Law Prof: How I Learned To Argue Open-Mindedly

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    Queens College President Frank Wu reflects on how Yale Kamisar’s teaching and guidance at the University of Michigan Law School emphasized a capacity to engage with alternative worldviews and the importance of the ability to argue for both sides of a debate.

  • 4 Key Skills For An Effective Attorney Coaching Conversation

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    As BigLaw firms are increasingly offering internal coaching as one of many talent strategies to stem ongoing lawyer attrition, Stacey Schwartz at Katten discusses how coaches can help attorneys achieve their goals.

  • New Clarity On Directors' Creditor Duty In Insolvency Context

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    The recent case of BTI 2014 v. Sequana, the first to consider the creditor duty at U.K. Supreme Court level, provides directors and insolvency practitioners with significant guidance on how close to insolvency the company needs to be for the creditor duty to be engaged, say attorneys at Shearman.

  • FCA Pension Scheme Case Highlights Issues Ripe For Reform

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    The Financial Conduct Authority's response to the British Steel Pension Scheme case exposed wider issues within its regulatory approach and could demonstrate the need for industrywide reforms to minimize the risks with transferring out of a pension scheme, say Oliver Reece and Larisa Gordan at PwC.

  • What An Organization Can Do To Protect Its Supply Chains

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    In light of recent world events, supply chain issues have never been more critical for business, and to protect the commercial viability of their contracts, organizations should address performance concerns in good time, with a workable strategy in place should the chain break down, says Laura Heeley at Eversheds Sutherland.

  • German Draft Bill Reflects Trend Toward New Antitrust Tools

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    A recently proposed amendment to the German Act against Restraints on Competition continues the trend in Europe to equip authorities with greater powers, shifting from a more traditional approach to a more extensive market protection tool, say attorneys at Gibson Dunn.

  • How Counsel Can Effectively Lead Data Breach Investigations

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    More businesses are expecting in-house counsel to lead cybersecurity incident responses, so lawyers should work on asking external responders the right questions, managing ransom negotiations to gain time and information, and communicating with regulators to avert or limit penalties, say Oliver Price and Kevin Hughes at FTI Consulting.

  • What EU Oil Spill Insurance Ruling Means For UK Arbitration

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    A recent European Court of Justice opinion in an insurance dispute related to the 2002 sinking of oil tanker MV Prestige provides clarity on the priority of cross-border judgments and arbitral awards, and indicates that EU member state civil judgments will be given precedence over U.K. arbitral awards — with exceptions, says David Vaughan at Collyer Bristow.

  • UK Claim Limitation Ruling Is A Tentative Win For Insurers

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    A U.K. county court's recent decision in Rashid v. Direct Savings reduces the limitation period for third parties to make direct claims against insurers, potentially providing insurers with a defense that was not previously apparent, if the decision is upheld on appeal, says Robert Morris at RPC.

  • Why Risk-Based Employee Conduct Policies Are Advisable

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    In establishing employee conduct policies, companies should consider the extent to which they are exposed to certain types of risk, such as bribery and corruption, as establishing clear written standards offers a step toward avoiding criminal liability, says Steve Melrose at Bellevue Law.

  • A Trusted Cybersecurity Framework Is Imperative For Lawyers

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    The recent increased risk of cyberattacks has a number of profound implications for law firms, and complying with government guidance by embedding a cyber-savvy culture and adhering to a security framework will enable lawyers to add extra layers of defense and present their clients with higher levels of protection, says Marion Stewart at Red Helix.

  • The New EU Data Act Proposal Raises Several Questions

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    In its aim to improve users' rights to access industrial data, the proposed Data Act demonstrates the European Commission’s awareness of the competitive advantage this can bring, but there are concerns as to how it would work in practice, and it appears unlikely that the U.K. will follow a similar framework, say Nick Phillips and Selina Clifford at Edwin Coe.

  • Preparing For FCA's New Appointed Representative Rules

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    The Financial Conduct Authority's new rules make authorized financial firms acting as principal more responsible for their appointed representatives and take effect in less than three months, so firms must understand the changes and undertake a gap analysis of current policies against the requirements as soon as possible, say attorneys at Herbert Smith.

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