Insurance UK

  • August 08, 2025

    FCA Woodford Ban Signals Risks Of Star Fund Managers

    The decision by the financial watchdog to provisionally fine and ban former fund manager Neil Woodford has sent a lesson to companies across the finance sector that the star status of some senior managers is up for review in the City. 

  • August 08, 2025

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

    This past week in London has seen the U.S. Securities and Exchange Commission target a British investor over a $10 million microcap fraud scheme, Merck Sharp & Dohme move against Halozyme Inc. following a recent clash over its patented cancer medicine, and Birmingham City Council sue a school minibus operator years after ending its contract over DBS check failures. Here, Law360 looks at these and other new claims in the U.K. 

  • August 08, 2025

    Trade Body Warns Of Burden In Local Gov't Pension Reform

    The government must consider the potential administrative burden of sweeping reforms to the U.K.'s £400 billion ($537 billion) municipal staff pension plan, a trade body has warned.

  • August 07, 2025

    Global Insured Losses Hit $80B In Record First Half Of Year

    Insured losses from natural disasters reached around $80 billion in the first six months of 2025, reinsurance giant Swiss Re Group has said, marking the second-costliest start to a year ever.

  • August 07, 2025

    Civil Service Pension Administration At 'Risk Of Collapse'

    The administration of pensions for around 1.7 million civil servants could grind to a halt over how the U.K. government has handled the transition to a new outsourced provider, a union warned Thursday.

  • August 07, 2025

    Global Funding For Insurance Tech Cos. Declines 16.7%

    Global funding for insurance technology companies fell to nearly $1.1 billion between April and June, Gallagher Re said Thursday, marking a 16.7% dip from the previous three months.

  • August 07, 2025

    FCA Boosts Payment Safeguards To Protect Consumers' Cash

    The Financial Conduct Authority published new rules on Thursday to protect consumers better when they use payment companies, strengthening its ability to intervene when they fail to safeguard clients' money.

  • August 07, 2025

    Insurer Warns Of Pause In Pension Deals Over Gov't Reforms

    Many larger pension schemes have hit pause on plans to carry out insurance transactions while waiting on the government's plan for reforming the sector, an insurer warned Thursday, as it posted falling revenue from the first six months of the year.

  • August 07, 2025

    Banca Generali To Weigh €6.3B Takeover Bid By Rival Lender

    Italian lender Generali has said it still needs to evaluate a takeover offer from investment bank Mediobanca to acquire it for an estimated €6.3 billion ($7.3 billion) in a deal expected to spur consolidation in the banking industry.

  • August 06, 2025

    Lloyd's Underwriter Bids To Revive Whitsleblowing Claim

    A Lloyd's syndicate told an appeals tribunal Wednesday that an underwriter's attempt to revive a claim that he was sacked for whistleblowing about a supposedly fraudulent payment was an impermissible attempt to reargue the case.

  • August 06, 2025

    Greenwashing Scrutiny Grows Amid Rising ESG Demands

    The increasing significance of environmental, social and governance considerations for businesses has led to a surge in companies overstating their green credentials, according to a report from Watson Farley & Williams LLP.

  • August 06, 2025

    Watchdog Returns £2.5M To Troubled Pension Scheme

    The former owners of a packaging company have been forced to put a total of approximately £2.5 million ($3.3 million) into a staff pension scheme after enforcement action by the U.K.'s retirement savings watchdog, the body said Wednesday.

  • August 06, 2025

    FCA Targets Greenwashing With Simpler Climate Rules

    The Financial Conduct Authority set out plans on Wednesday to simplify sustainability reporting to help reduce greenwashing as it responded to feedback from asset managers, life insurers and pension providers that climate disclosures are too complex.

  • August 06, 2025

    Insurer L&G Expects £42B Of Pensions Deals In 12 Months

    Insurer Legal & General said Wednesday that it expects at least £42 billion ($56 billion) in transactions designed to reduce risk in U.K. pension plans over the next 12 months, amid surging demand from businesses.

  • August 06, 2025

    HSF Kramer Guides Marsh On £1.9B Pensions Mega-Deal

    British insurer Standard Life said Wednesday that it has acquired £1.9 billion ($2.5 billion) in pension liabilities from broking giant Marsh McLennan, in a deal guided by Linklaters, HSF Kramer and Eversheds Sutherland.

  • August 06, 2025

    Hiscox Hikes Buyback To $275M To Reward Investors

    Insurer Hiscox Ltd. said Wednesday that it plans to boost its current share buyback program worth up to $175 million by $100 million, saying it now has the flexibility to reward investors.

  • August 05, 2025

    City Body Urges FCA To Clarify AML Rules For Digital Assets

    A City of London trade body has urged the Financial Conduct Authority to clarify in its future regulations for stablecoin issuers how anti-money laundering rules will apply for digital assets.

  • August 05, 2025

    Companies House To Roll Out Compulsory ID Verification

    Companies House said Tuesday that from November this year it will require company directors to verify their identities, the latest move in the registrar's rollout of heightened powers to protect against fraud.

  • August 05, 2025

    AML Reforms Are Missed Opportunity, Law Society Says

    The government's proposed updates to anti-money laundering regulations will do little to ease the compliance burden on law firms and are a "missed opportunity" to cut unnecessary rules, the body representing solicitors said on Tuesday.

  • August 05, 2025

    UK Insurance Co.'s 5th Deal Is With Essex Broker Buy

    The Broker Investment Group has announced it bought a commercial insurance broker based in Essex, marking the fifth deal penned by the company this year.

  • August 05, 2025

    State Pension Gender Gap Almost Eliminated

    Men and women retiring now receive largely the same amount of money from the state pension, according to official figures published Tuesday.

  • August 05, 2025

    Insurance M&A Market Rattled After PIB-Gallagher Deal Folds

    The collapse of talks between insurance giant Gallagher and broker-investor PIB Group has unnerved investors amid a wider slowdown in the mergers and acquisitions market for the sector, a consultancy said Tuesday. 

  • August 05, 2025

    CMS, Sackers Guide National Grid On £900M Pension Deal

    The pension plan of National Grid has agreed to a £900 million ($1.2 billion) buy-in with Rothesay Life PLC, the insurer said Tuesday.

  • August 05, 2025

    WTW Explores Underwriting Benefits From Health Tech

    Broker WTW said Tuesday that it has worked with a British health data analytics firm to explore how wearable health technology could improve the accuracy of insurance underwriting.

  • August 04, 2025

    Half Of Britons Clueless On Pension Investment Performance

    More than half of U.K. pension savers do not know how their retirement pots are performing, Hargreaves Lansdown said Monday.

Expert Analysis

  • 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.

  • What To Expect During The Brexit Transition Period

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    While all formal ratification procedures for the U.K.'s departure from the European Union have been completed, the transitional period will bring an enormous range of trade, customs and regulatory issues, say attorneys at Mayer Brown.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

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    The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.

  • Surefire Marketing Methods To Build Your Legal Practice

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    Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.

  • Mandatory Mediation May Lie Ahead For England And Wales

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    The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.

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