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Insurance UK
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									August 01, 2025
									Allianz, BlackRock Close €3.5B Buy Of Insurer ViridiumA consortium that includes German insurer Allianz and BlackRock Inc. said Friday that it has completed the acquisition of European life insurance consolidator Viridium Group from private equity firm Cinven Group Ltd. for €3.5 billion ($4 billion). 
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									August 01, 2025
									Ogilvy & Wachtel-Led Investors Oppose Hedge Fund MergerA group of investors in Third Point told fellow shareholders in the hedge fund on Friday that the proposed merger with Malibu Life Reinsurance will establish "a dangerous precedent for the U.K. stock market" of not safeguarding interests of the minority. 
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									August 01, 2025
									Clifford Chance Helps AXA Buy 51% Stake In Prima For €500MAXA SA said Friday that it will take a majority holding in Italy's Prima for €500 million ($570 million), with the option to buy out the remainder of the insurance technology company. 
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									July 31, 2025
									Yahoo Says Chubb Unit Must Cover Potential EU Privacy FinesYahoo says a Chubb subsidiary is obligated to cover regulatory fines that might be leveled against one of the tech company's subsidiaries for violating the European Union's data privacy law, but the insurer has refused to honor the policy, according to a lawsuit filed this week in Delaware. 
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									July 31, 2025
									Lloyd's, Loan Provider Settle $3M Pitcher Coverage FeudLloyd's of London underwriters and loan service provider RockFence Baseball LLC have settled their dispute over coverage for the $3.16 million loan of a former Minnesota Twins pitcher, after a California federal judge ordered the parties into arbitration in January 2024. 
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									July 31, 2025
									Pensions Ombudsman Says Caseload Is Outpacing FundingThe Pensions Ombudsman said that its funding has failed to keep pace with the rising caseload of complaints, forcing it to look at artificial intelligence to help reduce waiting times. 
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									July 31, 2025
									Tax Breaks On Pension Contributions Rise to £52.1BThe total cost of pensions tax breaks has risen by £2.4 billion ($3.2 billion), government figures revealed Thursday, amid speculation about a raid by HM Treasury in the next Budget. 
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									July 31, 2025
									Squire Patton-Led JTC To Buy Swiss Bank Unit For £20MJTC PLC said Thursday it plans to acquire a finance services company that caters to ultra-rich clients from Swiss private bank Union Bancaire Privée SA for £20 million ($26.5 million), as the Jersey-based fund administrator seeks to increase its global presence. 
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									July 31, 2025
									A&O Shearman Guides Brookfield On £2.4B Just Group BuyInvestment giant Brookfield said Thursday that it plans to buy Just Group, a British life insurer, for £2.4 billion ($3.2 billion) in a deal steered by A&O Shearman and Slaughter and May. 
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									July 30, 2025
									Insurers Lose Bid To Avoid $37M Ship Detention PayoutA group of insurers on Wednesday lost their bid to escape paying out $37 million to the owners of a cargo ship detained by the Indonesian navy, with a London appeals court ruling that the detention was not excluded from cover. 
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									July 30, 2025
									Sainsbury's Bank Partners With Allianz For Insurance PoliciesInsurance giant Allianz UK said Wednesday that it has penned a deal to offer replacement home and motor insurance policies to Sainsbury's Bank customers as their current cover expires. 
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									July 30, 2025
									UK Gov't Forced To Repay £48.7M In Pension OvertaxationThe government has had to hand back £48.7 million ($64.7 million) in the past three months to Britons who paid too much tax when tapping into their pension savings, figures revealed Wednesday, as experts say a fix for the long-running tax provision so far has shown little effect. 
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									July 30, 2025
									Property Insurance Payouts Rise To £1.6B In 3 MonthsA trade body for British insurers has said the sector paid out £1.6 billion ($2.1 billion) in property claims between April and June, driven largely by adverse weather conditions in the U.K. 
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									July 30, 2025
									Insurance Broker Aon Warns Of Looming Market ShiftAon said Wednesday that looming threats to the global economy from further geopolitical instability and major cyberattacks could soon mean a major shift in the underwriting market. 
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									July 30, 2025
									Allianz Settles £9M Structural Dispute With Housing TrustInsurance giant Allianz and a London-based social housing provider have agreed to a settlement in a £9 million ($12 million) row over the cost of fixing a range of structural defects in a property in London. 
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									July 30, 2025
									Looser SMCR May Leave Banks More Open To Fraud ChargesThe Financial Conduct Authority's proposed partial relaxation of the approval process under its senior managers regime as the U.K. pushes for deregulation could leave companies more exposed to fraud prosecution as the failure to prevent fraud offense goes live in September. 
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									July 29, 2025
									Bridgehaven Buys Irish Insurer To Enter EU MarketBritish insurance company Bridgehaven said it is poised to enter the European market after penning an agreement to buy the Irish insurer SureStone Insurance DAC. 
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									July 29, 2025
									Tech Co. Accuses Seller Of Hiding Issues Ahead Of £20M DealA group of companies owned by an American technology and security conglomerate has sued the former owner of a company it acquired for more than £20 million ($26.6 million), accusing him of concealing a raft of problems with the business. 
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									July 29, 2025
									Global Insurance M&A Drops To Lowest Level Since 2008Geopolitical instability, persistent inflation and high interest rates have all contributed to a cautious global insurance market, with mergers and acquisitions activity during the first half of 2025 falling to its lowest since the 2008 financial crisis, according to a new report. 
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									July 29, 2025
									EU Watchdog Finds Failings In AML Defenses At Crypto-FirmsThe banking watchdog of the European Union has warned that many crypto-asset companies lack effective anti-money laundering systems, reporting that abuse of services in the sector for financial crime is a major concern. 
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									July 29, 2025
									Kirkland Guides Bridgepoint On German Broker Majority StakeU.K. private equity firm Bridgepoint said Tuesday that it has penned a deal to acquire a majority stake in German insurance broker Hanseatic Broking Center, in a deal steered by Kirkland & Ellis LLP and Sidley Austin LLP. 
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									July 29, 2025
									Osborne Clarke Guides £37M Pension Deal For Heart CharityThe British Heart Foundation's pension plan has agreed to a £37 million ($49.4 million) full scheme buy-in with mutual life insurer Royal London, consultancy Broadstone said Tuesday. 
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									July 28, 2025
									FCA Flags AI Risks In Benchmark Administrators' ControlsThe City watchdog warned Monday that administrators of companies that set benchmarks lack consistency in how they manage data, saying there was inadequate evidence that their controls are evolving to cover risks from new technology such as AI. 
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									July 28, 2025
									IMF Warns Of 'Difficult Decisions' On UK Pension Triple LockThe U.K. could be forced to rethink how it sets the state pension every year as it seeks to rein in spiraling public spending, the International Monetary Fund has warned. 
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									July 28, 2025
									Investment Boss Told To Pay Back £170K From £37M FraudA director of an ethical investment scheme imprisoned for defrauding investors out of £37 million ($50 million) was ordered by a court on Monday to pay back £170,000 or have two years added to his sentence. 
Expert Analysis
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								Cos. Can Start Preparing Now For Immigration Beyond Brexit  Ahead of the U.K.'s likely departure from the European Union on Jan. 31, 2020, companies should use the one-year transition period to help workers understand any new registration requirements, evaluate budgetary concerns and expedite any employee relocations, say Julia Onslow-Cole and Charlotte Wills at Fragomen. 
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								#MeToo Pressure On UK Businesses Is Set To Rise.jpg)  Recent declarations by the Financial Conduct Authority and Prudential Regulation Authority indicate that sexual harassment in the U.K.'s financial services industry may lead to consequences under the newly expanded Senior Managers and Certification Regime, and other sectors are facing growing scrutiny as well, say attorneys at Covington. 
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								Opinion UK's Insurer Investigations May Not Help Policyholders  The U.K. Ministry of Justice's recent investigations into insurers suspected of not passing on savings to consumers suggests insurers may see consequences for their hollow promises, but only if the government follows through to hold insurers accountable, says Tom Jones of Thompsons Solicitors. 
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								The Outlook For Autonomous Vehicles In The UK And US  As both the U.K. and U.S. governments continue to develop regulatory frameworks for autonomous vehicles, manufacturers can take certain steps to avoid litigation and manage risk, say attorneys at FaegreBD. 
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								Brexit's Impact On London As A Top Int'l Arbitration Seat  Despite concerns that London may be considered a less attractive place to do business post-Brexit, there are many reasons to believe that the city will retain its position as a globally favored arbitral seat, say Adrian Jones and James Wagner at FaegreBD. 
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								Post-Brexit UK Likely To Conform With EU On Human Rights  In a recent speech, U.K. Foreign Secretary Dominic Raab stated his intent to expand sanctions for human rights violations by extending the so-called Magnitsky amendment, strongly indicating that Britain's exit from the EU would be unlikely to disrupt coordinated efforts to address international transgressions against human rights, says Stephen Baker at Baker & Partners. 
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								The Evolution Of GDPR Enforcement Across The EU  With the last few months bringing significant fines to major businesses that have breached the European Union's General Data Protection Regulation, it is clear that regulators are moving away from the light-touch approach they employed during the transition to the new rules, says James Simpson of Blaser Mills. 
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								Series Why I Became A Lawyer: Being There For Families In Trouble  My parents' contentious, drawn-out divorce was one of the worst experiences of my life. But it taught me how to be resilient — and ultimately led me to leave corporate litigation for a career in family law, helping other families during their own difficult times, says Sheryl Seiden of Seiden Family Law. 
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								3 Ways To Leverage Vulnerability For Lawyer Well-Being  Admitting to imperfection is an elusive construct in the legal industry, but addressing this roadblock by capitalizing on vulnerabilities can increase personal and professional power, says life coach and attorney Julie Krolczyk. 
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								Zurich Case Brings Clarity To Complex Contempt Proceedings  The U.K. Court of Appeal's recent decision in Zurich v. Romaine provides insight into the meaning of "in the public interest" in the context of bringing contempt proceedings against a party or witness who verifies false claims, says Matt Peacock of Signature Litigation. 
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								What A No-Deal Brexit Would Mean For Dispute Resolution  In the event of a no-deal Brexit, arbitration may become a more attractive option as a dispute resolution mechanism, as it offers relatively easy enforcement and clauses that could negate some uncertainty caused by Brexit, says Donna Goldsworthy of BDB Pitmans. 
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								The Problem — And Opportunity — Of Implicit Bias In The Bar  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. 
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								Roundup Pursuing Wellness  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. 
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								Series Why I Became A Lawyer: Expanding The Meaning Of Diversity  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. 
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								2 Perspectives On Navigating The Litigation Funding Process  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.