Insurance UK

  • October 21, 2025

    Ship Owner Fights Amlin's Use Of 'Draconian' Pay First Clause

    The owner of a grounded cargo vessel told a London appeals court Tuesday that MS Amlin Marine NV should have to provide cover over the incident, because a "Draconian" clause that would allow the insurer to escape paying up was buried away in the contract.

  • October 21, 2025

    UK Pensions Body Calls For Long-Term Tax Policy

    The government must commit to long-term policy on pension tax relief, an influential trade body said Tuesday, warning that mounting uncertainty every year around the Budget was harming consumer confidence.

  • October 21, 2025

    KKR, Quadrantis Buy Minority Stake In Peak Re

    U.S. private equity business KKR and Portuguese venture capitalists Quadrantis said Tuesday that they will take a 15% stake in Hong Kong reinsurer Peak Re to help its global growth.

  • October 20, 2025

    Broker JMG Group Buys Another UK Insurance Co.

    JMG Group has bought Glasgow-headquartered broker Taveo Group Ltd. in another acquisition announced by the Yorkshire-based insurance broking group as it continues its U.K. expansion.

  • October 20, 2025

    Trustees Urged To Boost Defenses As Cyberattacks Rise

    Trustees overseeing pension programs should urgently reassess their cybersecurity and fraud defenses amid a sharp rise in "nationally significant" cyberattacks, a U.K. consulting company has warned.

  • October 20, 2025

    UK Gov't Strikes New Deal With Pension Funds On Investment

    The government launched a club of the U.K.'s 20 largest pension funds and insurers on Monday, part of a wider push to drum up investment for economic growth.

  • October 20, 2025

    MPs To Probe Pension Erosion Amid Inflation Concerns

    Former employees of multinationals such as Hewlett Packard and American Express will tell MPs this week about how their pension income has been eroded by a failure to keep pace with the cost of living. 

  • October 20, 2025

    FCA Flags Money Laundering Risks At Corporate Finance Cos.

    One in 10 corporate finance companies has no documented business-wide risk assessment, the City watchdog said Monday, warning that many organizations might be falling short of money laundering standards.

  • October 17, 2025

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

    This past week in London has seen Johnson & Johnson hit with a £1 billion ($1.34 billion) claim for allegedly selling contaminated baby powder, Carter-Ruck bring a claim against the Solicitors Regulation Authority, and Hewlett Packard file a probate claim against the estate of Mike Lynch.

  • October 17, 2025

    Global Watchdog Calls On Countries To Monitor Crypto Better

    An international securities watchdog called on countries Friday to monitor risks in crypto-assets and share regulatory information better across borders.

  • October 17, 2025

    Civil Service Pension Administrator Denies Union Recognition

    The organization managing a pension fund for civil servants has told MPs that it has never officially recognized a staff union, even as it prepares to hand over the reins to private sector giant Capita.

  • October 17, 2025

    UK Local Gov't Pension Funding Soars Ahead Of Reforms

    The U.K.'s sprawling municipal retirement plan is now worth an estimated £450 billion ($604 billion), a consultancy said Friday, ahead of government plans to consolidate the highly fragmented scheme into several pension mega-funds.

  • October 17, 2025

    FCA's Tokenization Plan May Heighten Financial Crime Risk

    The Financial Conduct Authority's planned tokenization regime to help asset managers trade investment funds as digital assets could expose investors to financial criminals lurking in crypto-markets, with the regulator's "targeted support" rules multiplying the risk, lawyers have warned.

  • October 17, 2025

    Chancellor Launches Service To Support Overseas Investors

    HM Treasury said Friday that it has launched a free "concierge" service in partnership with finance regulators to remove barriers for global firms investing in U.K. financial services.

  • October 17, 2025

    Freshfields-Led Vienna Insurer To Buy German Rival For €1.4B

    Vienna Insurance Group has agreed to acquire all the shares of its German rival Nürnberger Beteiligungs AG for €1.38 billion ($1.61 billion) in a move to strengthen its position in Central Europe.

  • October 16, 2025

    Insurers Settle Bid To Arbitrate $7M La. Hurricane Ida Case

    A group of domestic and foreign insurers including underwriters at Lloyd's of London have asked a Louisiana federal judge to dismiss their lawsuit seeking an order to arbitrate a $7 million Hurricane Ida damage claim, saying they have settled the dispute.

  • October 16, 2025

    CMA Calls For Reforms To UK Veterinary Market

    The U.K.'s competition watchdog has called on the £6.3 billion ($8.5 billion) veterinary services market to provide better information on prices after a spike in insurance claims at major players drove up costs, despite no evidence of better services.

  • October 16, 2025

    Axa Teams With Insurtech For Embedded Insurance Project

    An Axa unit and insurance technology firm Bolttech have launched a long-term partnership to grow their presence in the rapidly growing embedded insurance sector across the U.K. and Europe.

  • October 16, 2025

    Insurers Pay Into $340M UN-Backed Fund For Developing States

    Insurers have contributed to a $340 million fund for infrastructure projects in developing countries, an industry body said Thursday, as part of a United Nations-backed program to close the global protection gap.

  • October 16, 2025

    Marsh Unit Warns Against Mandating Pension Investments

    Pension funds must be primarily focused on getting the best income in retirement for their members rather than propping up the national economy, a unit of insurance giant Marsh McLennan warned.

  • October 16, 2025

    UK Pension Funds Double Investment In Private Economy

    Pension schemes have doubled their investment in private companies to £1.6 billion ($2.15 billion) in one year as part of their commitment to allocate a greater portion of their funds to investing in privately held companies, the Association of British Insurers said Thursday.

  • October 15, 2025

    Reinsurers Deny Liability To Chubb Over Bill For Aircraft Loss

    Reinsurers including AIG and AXA have denied liability for Chubb's $5.7 million bill to aircraft lessors for losses caused by Russia's invasion of Ukraine, saying Chubb's losses were not caused by any failure by the reinsurers to indemnify the lessors.

  • October 15, 2025

    Pension Run-On Could Generate Millions For UK Businesses

    Businesses could see a multimillion-pound boost from allowing their pension schemes to continue generating investment returns rather than rushing into offloading liabilities to an insurer, a consultancy said Wednesday.

  • October 15, 2025

    London Insurers Push For Growth-Friendly Regulation

    Lawmakers and policy officials must regularly review how Britain's regulators are fulfilling their competitiveness objective to make good on their growth mandates, a trade body for the insurance sector said.

  • October 15, 2025

    FSCS To Protect 16,000 Policyholders After Insurer Fails

    The Financial Services Compensation Scheme said it will step in to protect 16,000 U.K. policyholders and small business owners, after Gibraltar-based Premier Insurance Company Ltd. collapsed.

Expert Analysis

  • UK Appellate Rulings Clarify Arbitral Choice Of Law

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    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.

  • Post-Pandemic Litigation To Expect In England And Wales

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    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.

  • UK Lawyers Can Adapt Due Diligence To Screen New Clients

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    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.

  • A UK Business View Of COVID-19's Economic Fallout

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    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.

  • Remote Depositions Bring Ethics Considerations For Lawyers

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    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.

  • Time For Presumptive Virtual Mediation In The UK

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    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.

  • UK 'Property' Classification Boosts Confidence In Bitcoin

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    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.

  • 3 EU And UK Data Protection Tips During COVID-19

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    Though EU and U.K. data protection laws should not impede the fight against COVID-19, companies must continue to protect individuals' data, and the challenges of managing a remote workforce and the desire for information about the virus’s impact have significant implications for that responsibility, say attorneys at Debevoise.

  • Novolex Case Brings Lessons On R&W Insurance

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    A New York state court dispute between Novolex and a few of its insurers concerning coverage under a representations and warranties policy for a $267 million loss offers a rare glimpse into how a court might interpret acquisition agreements and insurance policy provisions, say attorneys at Hunton.

  • How Proposed EU Class Action Directive Could Affect Insurers

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    Insurers should beware the explosive potential of the EU's proposed directive providing for cross-border class actions and third-party funding for such actions, although it also bears strict requirements that will limit the number of cases, say Emmanuèle Lutfalla and Simon Fitzpatrick at Signature Litigation.

  • COVID-19 Insurance Considerations For UK Cos.

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    Though a new U.K. regulation recently made it easier for businesses to claim losses related to COVID-19, potential points of contention when seeking insurance coverage include whether the government ordered the business to close and whether an outbreak occurred at the premises, say attorneys at Covington.

  • UK Group Data Breach Claims Pose Big Financial Risks

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    Recent English court decisions appear to make it easier for data breach victims to bring collective actions, and consequently companies may find they are liable for huge sums in addition to fines under the General Data Protection Regulation, say attorneys at Morrison & Foerster.

  • A Crucial Chance For UK Supreme Court To Clarify Arbitrator Bias

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    In Halliburton v. Chubb, the U.K. Supreme Court has an opportunity to tackle uncomfortable questions and support confidence in London's arbitration sector by policing effectively against bias and impartiality when arbitrators are involved in multiple tribunals, says Rosie Wild at Cooke Young.

  • Rebuttal

    Legal Industry Should Pursue AI Prediction Progress

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    As part of the debate prompted by my recent Law360 guest article on legal prediction using artificial intelligence, I would like to unpack four issues and suggest that attorneys and technologists continue to tackle the problems presently within reach, says Joseph Avery at Claudius Legal Intelligence.

  • Rebuttal

    AI Can't Accurately Predict Case Length And Cost — Yet

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    A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.

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