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Insurance UK
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December 23, 2025
Insurance Body To Face Down 'Systemic Risks' In 2026
An influential trade body for underwriters said Tuesday it will examine how to tackle new risks that pose a threat to the entire insurance industry in 2026.
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December 23, 2025
Gov't Boosts Ex-Mine Workers' Pensions With £2.3B Transfer
Almost 40,000 former British coal industry workers have been handed a significant pension increase just days before Christmas, the U.K. government said Tuesday, after finalizing a long-running overhaul of retirement benefits for mining staff.
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December 23, 2025
Insurers Warned Over False Holiday Decorations Injury Claims
Insurance companies face a spike in "slip and trip" injury claims from scammers over the festive period, a counter-fraud lawyer has warned.
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December 22, 2025
Mortgage Adviser's Health Cover Appeal Barred By Settlement
A mortgage adviser has lost his case that a settlement with his employer to end health insurance and pension-related claims did not compromise a linked appeal, with an appeal tribunal concluding the settlement encompassed the entirety of his case.
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December 22, 2025
Loopholes Hinder FCA Firm Checker's Ability To Fight Fraud
The Financial Conduct Authority is failing to stop financial fraud because criminals are finding ways round its limited actions and technologies, said lawyers, who are calling for government legislation to boost the watchdog's powers.
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December 22, 2025
Aon Hits Out Over Gibraltar Insurer Collapse
Insurance services company Aon has pinned the blame for the fall of a Gibraltar insurer on the company's directors, shrugging off a negligence claim of more than £50 million ($67 million) over its actuarial work.
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December 22, 2025
Insurer Travelers Denies Liability For £6M Axiom Client Funds
Insurer Travelers has argued at a London court that it is not liable under its policy with Axiom Ince for £5.8 million ($7.8 million) that a home buyer lost when the now-collapsed law firm misappropriated his cash during a property deal.
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December 22, 2025
Whiplash Injury Reforms Have Failed, Law Society Says
The Law Society said Monday that reforms to the U.K.'s compensation system for whiplash injuries have not delivered on governmental promises, and have even hindered claimants' access to justice.
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December 22, 2025
Skadden Guides Miami Insurer On Buy Of £5B Utmost Unit
Miami-based JAB Insurance said Monday it will buy the £5 billion ($6.7 billion) bulk purchase annuity business of U.K. insurer Utmost Group PLC, in a transaction guided by Skadden Arps Slate Meagher & Flom and King & Spalding.
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December 22, 2025
FCA Strips Regulatory Permissions From Pensions Adviser
The Financial Conduct Authority has slapped a pension adviser with a ban on carrying out regulated activity after a series of breaches, including a failure to pay off an arbitration award.
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December 19, 2025
Man Jailed For 28 Months Over Fake Stolen Lego Claims
A man based in South Yorkshire has been jailed for 28 months for making a string of fraudulent insurance claims, the financial crime police unit said this week, including over allegedly stolen high-value Lego sets that were later found by police on display in his house.
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December 19, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen the designer of an 88-facet diamond bring a copyright claim against a luxury watch retailer, collapsed firm Axiom Ince bring legal action against the solicitors' watchdog, and the Post Office hit with compensation claims from two former branch managers over their wrongful convictions during the Horizon information technology scandal.
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December 19, 2025
Canada Life Pens £189M Pension Deal With Healthcare Co.
Insurer Canada Life on Friday said it has taken on £189 million ($252.5 million) in retirement liabilities from an unnamed pension scheme in the healthcare sector, in a deal guided by Stephenson Harwood and Baker McKenzie.
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December 19, 2025
Watchdog Names First EU Trading Data Feed Provider
The European Union's financial markets regulator said Friday it has chosen EuroCTP as its first consolidated tape provider for shares and exchange-traded funds, in a bid to improve transparency and boost the attractiveness of the bloc's equity markets.
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December 19, 2025
The Biggest UK Commercial Litigation Rulings Of 2025
The biggest commercial dispute rulings in 2025 included a landmark decision by the U.K. Supreme Court in a multibillion-pound motor finance misselling case, mining giant BHP being held liable for the collapse of a dam in Brazil and a surprise judgment that has thrown the conduct of litigation work into disarray.
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December 19, 2025
Watchdog Floats Rules For New Collective Pension Plans
Britain's retirement savings watchdog floated proposals on Friday that are designed to help more businesses join new collective pension plans, broadening the scope of existing rules and allowing more workers to access "lower risk" and "better outcome pensions."
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December 18, 2025
CMS Steers PIC On £230M Port Co. Pension Deal
Pension Insurance Corp. said Thursday that it has completed a £230 million ($308 million) pension deal with Peel Ports Group Ltd. in a deal guided by CMS and Gowling WLG.
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December 18, 2025
European Insurtech Lumera To Buy UK Pensions Consultancy
European insurance technology company Lumera said Thursday it has penned a deal to buy Acuity, a British pensions and workforce reform consultancy.
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December 18, 2025
Gov't Freezes UK Pension Enrollment Salary Thresholds
The government decided on Thursday against changing the salary threshold at which employers must automatically enroll their staff into a workplace pension, despite growing suggestions that removing the limit could help mitigate the looming savings crisis.
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December 18, 2025
EU Plans To Boost Retail Investment In Capital Markets
The European Union on Thursday proposed a broad package of updated retail investment rules aimed at empowering consumers and boosting competition in financial markets.
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December 18, 2025
Debevoise, Eversheds Lead £525M Pension Deal For Skanska
The U.K. subsidiary of Swedish builder Skanska AB said Thursday that it has transferred £525 million ($705 million) of its pension commitments in Britain to Standard Life in a buy-in transaction, which secures the retirement savings of about 5,500 members.
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December 18, 2025
FCA To Boost Insurance Standards After Super-Complaint
The Financial Conduct Authority said Thursday that it will boost customers' awareness of cover as part of a plan to drive up standards in the home and travel insurance sector after a super-complaint was filed by consumer group Which.
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December 17, 2025
Funds Dropping ESG Labels Amid EU Greenwashing Review
The European Union's financial markets regulator said Wednesday its new naming guidelines governing how investment funds use environmental, social and governance, and sustainability-related language are curbing greenwashing and improving transparency in the financial sector.
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December 17, 2025
UK Watchdog Hands Gov't Plan To Tackle Payments Crime
The Financial Conduct Authority told the Treasury in a letter published Wednesday that it is investing more in intelligence and data to disrupt those committing and enabling crime in the payments sector.
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December 17, 2025
Womble Bond Steers £107M Pension Deal For Co-Op
British insurance company Rothesay Life has completed a £107 million ($143 million) pension deal for Lincolnshire Co-operative Ltd., guided by Womble Bond Dickinson.
Expert Analysis
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UK Arbitration Ruling Offers Tips On Quelling Bias Concerns
An English court's recent decision in H1 v. W to remove an arbitrator because of impartiality concerns offers several lessons on mitigating bias, including striking a balance between arbitration experience and knowledge of a particular industry, and highlights the importance of careful arbitrator appointment, says Paul-Raphael Shehadeh at Duane Morris.
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Bias Ruling Offers Guidance On Disqualifying Arbitrators
An English court's recent decision in H1 v. W, removing an arbitrator due to bias concerns, reaffirms practical considerations when assessing an arbitrator's impartiality, and highlights how ill-chosen language by an arbitrator can clear the high bar for disqualification, say Andrew Connelly and Ian Meredith at K&L Gates.
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Insurance Policy Takeaways From UK Lockdown Loss Ruling
An English court's recent decision in Unipolsai v. Covea, determining that insurers' losses from COVID-19 lockdowns were covered by reinsurance, highlights key issues on insurance policy wordings, including how to define a "catastrophe" in the context of the pandemic, says Daniel Healy at Brown Rudnick.
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What COVID Payout Ruling Means For Lockdown Loss Claims
While the High Court's recent COVID-19 payout decision in Gatwick v. Liberty Mutual, holding that pandemic-related regulations trigger prevention of access clauses, will likely lead to insurers accepting more business interruption claims, there are still evidentiary challenges and issues regarding policy limits and furlough, say Josianne El Antoury and Greg Lascelles at Covington.
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Spartan Arbitration Tactics Against Well-Funded Opponents
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
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Top Court Hire Car Ruling Affects 3rd-Party Negligence Cases
The U.K. Supreme Court's recent decision in Armstead v. Royal & Sun Alliance, finding that an insurer was responsible for lost car rental income after an accident, has significant implications for arguing economic loss and determining burden of proof in third-party negligence cases that trigger contractual liabilities, say lawyers at Macfarlanes.
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Unpacking The Building Safety Act's Industry Overhaul
Recent updates to the Building Safety Act introduce a new principal designer role and longer limitation periods for defects claims, ushering in new compliance challenges for construction industry stakeholders to navigate, as well as a need to affirm that their insurance arrangements provide adequate protection, say Zoe Eastell and Zack Gould-Wilson at RPC.
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A Rare Look At Judicial Interpretation Of LEG Exclusions
A Florida federal court’s order last month in Archer Western-De Moya v. Ace American Insurance and an earlier decision from a D.C. federal court offer insight into how courts may interpret defects exclusion clauses developed by the London Engineering Group — filling a void in case law in the area, says Jonathan Bruce at Holman Fenwick.
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Ruling In FCA Case Offers Tips On Flexible Work Requests
In Wilson v. Financial Conduct Authority, the Employment Tribunal recently found that the regulator's rejection of a remote work request was justified, highlighting for employers factors that affect flexible work request outcomes, while emphasizing that individual inquiries should be considered on the specific facts, say Frances Rollin, Ella Tunnell and Kerry Garcia at Stevens & Bolton.
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Breaking Down The New UK Pension Funding Regs
Recently published U.K. pension regulations, proposing major changes to funding and investing in defined benefit pension schemes, raise implementation considerations for trustees, including the importance of the employer covenant, say Charles Magoffin and Elizabeth Bullock at Freshfields.
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Decoding UK Case Law On Anti-Suit Injunctions
The English High Court's forthcoming decision on an anti-suit injunction filed in Augusta Energy v. Top Oil last month will provide useful guidance on application grounds for practitioners, but, pending that ruling, other recent decisions offer key considerations when making or resisting claims when there is an exclusive jurisdiction clause in the contract, says Abigail Healey at Quillon Law.
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Cayman Islands Off AML Risk Lists, Signaling Robust Controls
As a world-leading jurisdiction for securitization special purpose entities, the removal of the Cayman Islands from increased anti-money laundering monitoring lists is a significant milestone that will benefit new and existing financial services customers conducting business in the territory, say lawyers at Walkers Global.
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How Decision On A Key Definition Affects SMEs
The Financial Conduct Authority's decision not to extend the definition of small and midsized enterprises may benefit banks and finance providers in the current high interest rate environment and where SMEs in certain sectors may be under financial pressure in light of the cost-of-living crisis in order to streamline it, says Rachael Healey at RPC.
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Employers Can 'Waive' Goodbye To Unknown Future Claims
The Scottish Court of Session's recent decision in Bathgate v. Technip Singapore, holding that unknown future claims in a qualifying settlement agreement can be waived, offers employers the possibility of achieving a clean break when terminating employees and provides practitioners with much-needed guidance on how future cases might be dealt with in court, says Natasha Nichols at Farrer & Co.
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Acquisition Of AI Tech Poses Challenges For Media Industry
The artificial intelligence regulatory landscape is changing quickly, and media and entertainment companies planning to acquire AI technology through a merger, acquisition or licensing deal should be mindful of potential new compliance requirements and AI-specific insurance products, say lawyers at Covington.