Insurance UK

  • August 04, 2025

    Atrium Enters Weather Insurance With Brown & Brown Hire

    Atrium Underwriting Group Ltd. said Monday it has joined the weather and climate insurance market with the launch of a specialist underwriting team headed by a new hire in the U.S.

  • August 04, 2025

    QBE Expands EU Operations With Netherlands Marine Cover

    International insurer QBE has said it will now offer marine insurance in the Netherlands, marking further expansion by the company across the European Union.

  • August 04, 2025

    Insurers Warn Homeowners On Cover As Storm Floris Hits UK

    U.K. insurers have urged homeowners to secure their roofing and review their coverage as an "unseasonably disruptive storm" hit northern Britain on Monday.

  • August 01, 2025

    Taxation With Representation: Skadden, Wachtell, Latham

    In this week's Taxation With Representation, Union Pacific Corp. and Norfolk Southern Corp. announce megamerger plans, Palo Alto Networks acquires identity security company CyberArk, Brookfield buys British life insurer Just Group, and Duke Energy sells its Piedmont Natural Gas Tennessee local distribution business to Spire Inc.

  • August 01, 2025

    Pension Watchdog Warns Trustees On 'Systemic' Climate Risk

    Britain's retirement saving's watchdog has urged pension scheme trustees to treat climate change as a core financial risk, as the regulator looks to set up an industry working group to work on a practical approach to environment-related matters.

  • August 01, 2025

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

    This past week in London has seen several telco giants hit with a trademark claim, a collapsed hotel company sue a property investor in an ongoing dispute over a decades-old hotel sale, and two litigation funders square off against each other.

  • August 01, 2025

    Allianz, BlackRock Close €3.5B Buy Of Insurer Viridium

    A 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).

  • August 01, 2025

    Ogilvy & Wachtel-Led Investors Oppose Hedge Fund Merger

    A 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.

  • August 01, 2025

    Clifford Chance Helps AXA Buy 51% Stake In Prima For €500M

    AXA 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.

  • July 31, 2025

    Yahoo Says Chubb Unit Must Cover Potential EU Privacy Fines

    Yahoo 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.

  • July 31, 2025

    Lloyd's, Loan Provider Settle $3M Pitcher Coverage Feud

    Lloyd'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.

  • July 31, 2025

    Pensions Ombudsman Says Caseload Is Outpacing Funding

    The 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.

  • July 31, 2025

    Tax Breaks On Pension Contributions Rise to £52.1B

    The 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.

  • July 31, 2025

    Squire Patton-Led JTC To Buy Swiss Bank Unit For £20M

    JTC 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.

  • July 31, 2025

    A&O Shearman Guides Brookfield On £2.4B Just Group Buy

    Investment 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.

  • July 30, 2025

    Insurers Lose Bid To Avoid $37M Ship Detention Payout

    A 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.

  • July 30, 2025

    Sainsbury's Bank Partners With Allianz For Insurance Policies

    Insurance 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.

  • July 30, 2025

    UK Gov't Forced To Repay £48.7M In Pension Overtaxation

    The 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.

  • July 30, 2025

    Property Insurance Payouts Rise To £1.6B In 3 Months

    A 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.

  • July 30, 2025

    Insurance Broker Aon Warns Of Looming Market Shift

    Aon 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.

  • July 30, 2025

    Allianz Settles £9M Structural Dispute With Housing Trust

    Insurance 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.

  • July 30, 2025

    Looser SMCR May Leave Banks More Open To Fraud Charges

    The 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.

  • July 29, 2025

    Bridgehaven Buys Irish Insurer To Enter EU Market

    British insurance company Bridgehaven said it is poised to enter the European market after penning an agreement to buy the Irish insurer SureStone Insurance DAC.

  • July 29, 2025

    Tech Co. Accuses Seller Of Hiding Issues Ahead Of £20M Deal

    A 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.

  • July 29, 2025

    Global Insurance M&A Drops To Lowest Level Since 2008

    Geopolitical 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.

Expert Analysis

  • Guest Feature

    Preet Bharara On The Human Factor In The Justice System

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    A key theme in Preet Bharara's new book is the enormous role the human element plays in the administration of justice. The former U.S. attorney for the Southern District of New York discussed this theme, among other topics, in a recent conversation with White and Williams attorney Randy Maniloff.

  • Considering A More Cost-Effective Future For The SFO

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    In light of multiple recent examples of U.K. Serious Fraud Office investigations yielding far less than the agency may have hoped for, a new approach to prosecuting individuals and corporations may be a smart investment, says Azizur Rahman of Rahman Ravelli.

  • Lessons From Carphone Warehouse's Partial FCA Settlement

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    In the first case decided under the U.K. Financial Conduct Authority's new partial settlement process, Carphone Warehouse demonstrates not only the possible value of cooperating with authorities but also the cost of failing to right previous wrongs, says Syedur Rahman of Rahman Ravelli Solicitors.

  • Collective Redress In The EU: Past, Present And Future

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    Legislative processes harmonizing collective redress throughout the European Union have accelerated, leading to a proposed requirement that all member states establish collective action mechanisms, but some worry that the directive lacks sufficient guarantees against abusive litigation, say Philippe Métais and Elodie Valette of White & Case LLP.

  • Lenders Score Major High Court Victory In Foreclosure Case

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    The U.S. Supreme Court's unanimous ruling on Wednesday in Obduskey v. McCarthy & Holthus LLP removes nearly all activities taken by creditors seeking nonjudicial foreclosure of liens and mortgages from the ambit of the Fair Debt Collection Practices Act, says John Baxter of Nelson Mullins Riley & Scarborough LLP.

  • 3 Brexit Scenarios And Their Implications For US-UK Trade

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    Brexit negotiations are likely to result in one of three scenarios later this month: a Brexit deal, no Brexit at all or a "hard" no-deal Brexit. Each possibility will have different implications for the prospects of a U.S.-U.K. free trade agreement, says Dean Pinkert of Hughes Hubbard & Reed LLP.

  • Frustrating Events: Are Your Contracts Brexit-Proof?

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    In Canary Wharf v. European Medicines Agency, the U.K. High Court recently ruled that the U.K.'s withdrawal from the European Union will not discharge the EMA's lease obligations. Following Brexit, most similar arguments invoking force majeure or frustration are unlikely to succeed, say Rebecca Dipple and Wayne Hofer of Orrick Herrington & Sutcliffe LLP.

  • Simple Secrets For Writing A Killer Brief

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    These days, the legal profession offers meager opportunity for oral argument, so we need to focus on being better, brighter, tighter writers. And the key to writing a better brief is grabbing your judge's attention with a persuasive, well-crafted story, says Daniel Karon of Karon LLC.

  • What 2019 Has In Store For UK Data Protection

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    Many of the big data protection compliance themes of 2018 will continue on this year, including even General Data Protection Regulation preparation, but the possibility of a no-deal Brexit may complicate matters, says Stewart Room of PwC LLP.

  • Opinion

    Brexit International Arbitration Clause Is Misunderstood

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    Much of the criticism aimed at the international arbitration clause in the recent Brexit withdrawal agreement unfairly identifies a perceived lack of transparency and appears to be based on a lack of understanding about the process, says Margarita Michael of O'Melveny & Myers LLP.

  • The Lawyer's Daily

    How To Requalify As A Lawyer In Canada

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    Becoming a lawyer in Canada is a challenging experience for foreign qualified lawyers. In addition to the bar exam, hurdles include obtaining certification from the National Committee on Accreditation, and complications from moving to Canada halfway through the process, says Kyle Abrey, in-house counsel at the Royal Bank of Canada.

  • Legal Technology Is Likely To Flourish In The UK

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    The U.K. may soon surpass the U.S. in legal technology, thanks to regulatory reform, law firm investment and an entrepreneurial environment, says Bridget Deiters of InCloudCounsel.

  • Opinion

    Legal Operations Teams Are Gaining Popularity In EU

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    As the European and global economies continue to change, any legal department that does not want to get outflanked by faster, more agile competitors should consider the value that legal operations teams have to offer, says Hans Albers, president of the Association of Corporate Counsel Europe.

  • Why Proper Document Redaction May Be An Ethical Duty

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    Paul Manafort's attorneys recently filed a court document containing incompletely redacted information, highlighting the need for attorneys to become competent at redaction — or at least at verifying that redaction has been performed correctly. Failure to do either could be construed as legal malpractice, says Byeongsook Seo of Snell & Wilmer LLP.

  • Why The Flood Of GDPR Litigation Has Been Delayed

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    Eight months into the General Data Protection Regulation regime, we have not yet seen the expected deluge of U.K. class actions, but be warned — the floodgates will not remain closed, says Bryony Hurst of Bird & Bird LLP.

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