Insurance UK

  • September 30, 2025

    FCA Warned On Targeted Support Signpost Proposals

    The Financial Conduct Authority should not force businesses to flag "targeted support" to consumers from March before the regime is widely available, Aegon warned on Tuesday.

  • September 30, 2025

    Union Pushes Gov't To Inflation-Proof Pensions Amid Surplus

    The U.K. government must tap in to £14.1 billion ($19 billion) of surplus funds held by the pension lifeboat scheme to boost the retirement benefits of pensioners denied inflation-linked raises, one of the largest U.K. unions warned.

  • September 30, 2025

    FRC Finds Multiple Financial Reporting Failings In Review

    The U.K. accounting watchdog said in its annual review published Tuesday that it has uncovered a slew of inaccuracies, omissions and compliance failings in financial statements prepared by companies for the year to March 2025.

  • September 30, 2025

    UK Space Agency Backs Insurance Broker Eco-Monitoring

    The U.K. government's space agency has backed an insurance-led project to use satellites to monitor biodiversity risk, as the sector beefs up its response to climate-reporting regulation.

  • September 30, 2025

    Ageas Gets Digital Boost As It Completes £1.3B Acquisition

    The insurance giant Ageas said Tuesday it has completed its acquisition of Esure Group PLC in a "milestone" transaction worth £1.295 billion ($1.74 billion) that it believes will boost its tech efficiency.

  • September 30, 2025

    6 In 10 SMEs Hit By Cyberattack In 2025, Hiscox Says

    Some 59% of small and midsized enterprises have said they experienced a cyberattack in the last year, Hiscox said Tuesday, highlighting the evolving threat posed by criminals adapting to new technologies to exploit businesses. 

  • September 30, 2025

    Kirkland Leads Oaktree's $420M Buy Of Ambac's Legacy Units

    Oaktree Capital Management LP has bought Ambac's legacy financial guarantee businesses for $420 million in cash, the insurance company has said, after the deal won backing from the regulator for the sector in Wisconsin.

  • September 29, 2025

    McLaren Driver Can Run Loss Mitigation Defense In $21M Trial

    Álex Palou can seek to dodge damages in an almost $21 million claim from McLaren Racing Ltd. by arguing that the British motor racing group mitigated its losses after he walked away from his Formula 1 deal by signing on a different driver.

  • September 29, 2025

    Allianz Loses £20K Costs Claim Against Ex-Employee

    Allianz has lost its quest to recover £20,000 ($27,000) from a former employee who sued the company, failing to convince a tribunal that she acted unreasonably by bringing her claim.

  • September 29, 2025

    EU Council Reinstates Sanctions Over Iran's Nuclear Activities

    The European Union said on Monday that it will reimpose sanctions on Iran, following the lead of the United Nations, which brought back restrictions over concerns that the Middle Eastern country had breached a commitment to halt its nuclear weapons development.

  • September 29, 2025

    Most Investors Fear Greenwashing In ESG Investments

    A financial services trade body said Monday it has discovered that most private investors are concerned about greenwashing in investments and even more prioritize performance over sustainability. 

  • September 29, 2025

    Fund Managers Push EU Watchdog To End Double Reporting

    A trade body for European fund managers urged Europe's markets watchdog on Monday to remove dual-sided reporting of derivatives and loans in its planned simplification of reporting on financial transactions.

  • September 29, 2025

    Marsh Sells Ireland Personal Lines Business To Cornmarket

    Insurance giant Marsh McLennan has sold its Ireland personal lines insurance business to Cornmarket, the Belfast-based broker has said.

  • September 29, 2025

    Investment Biz Helios To Return £7.3M To Shareholders

    Helios Underwriting PLC said Monday that it plans to launch a share buyback worth up to approximately £7.3 million ($9.8 million) as the insurance industry investment vehicle noted the strong performance of the Lloyd's specialist market.

  • September 26, 2025

    FCA Proposes Rule Changes To Allow Targeted Support

    The Financial Conduct Authority proposed rule changes Friday to align its proposed "targeted support" with existing rules, including senior manager accountability.

  • September 26, 2025

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

    This past week in London has seen Sanjeev Gupta’s Liberty OneSteel sue its collapsed former lender Greensill Capital, television personality Janice Dickinson hit ITV with a personal injury claim after falling over while appearing on “I’m a Celeb …”, and energy investor Blasket bring fresh litigation against Spain amid a row over a $416 million arbitration award. Here, Law360 looks at these and other new claims in the U.K.

  • September 26, 2025

    Report Urges Pension Reform To Boost UK Equity Investment

    U.K. pension funds' retreat from domestic stocks is undermining the country's economy, but reforms could channel up to £100 billion ($134 billion) into the stock market by the end of the decade, a report has claimed.

  • September 26, 2025

    FCA Warns Public About Unregulated High-Risk Investments

    Britain's financial regulator on Friday warned the public against investing in high-risk schemes being offered by unregulated firms without truly weighing the risks.

  • September 26, 2025

    Formula 1 Bosses To Tackle Rising Motorsport Insurance Cost

    The world governing body of Formula 1 has formed a task force to assess the reasons behind the soaring insurance costs associated with motor sport.  

  • September 26, 2025

    UK-Bermuda Target Sanctions Evasion With £300K New Funds

    The U.K.'s minister of state for the overseas territories has pledged up to £300,000 ($402,000) this financial year to bolster the sanctions capacity of Bermuda, a self-governing territory that has so far frozen over $200 million in assets.

  • September 25, 2025

    Gov't Warns Of Tax Hit From Pre-Budget Pension Withdrawals

    British pension savers that pull cash out of their retirement pots due to pre-Budget jitters will eat into a portion of their tax-free allowance, even if they later change their mind and cancel the withdrawal, the government confirmed Thursday.

  • September 25, 2025

    Oakley Capital Launches Euro Insurance Services Platform

    Private equity company Oakley Capital said Thursday it has launched an insurance services platform to consolidate companies in southern Europe.

  • September 25, 2025

    EU Leans On 11 Countries To Implement New AML Rules

    The European Commission said Thursday that it is taking the first step toward legal action against 11 European Union countries over their failure to meet a deadline to start implementing new anti-money laundering rules.

  • September 25, 2025

    Linklaters Guides BP Scheme On £1.6B Pension Mega Deal

    Energy giant BP has offloaded £1.6 billion ($2.1 billion) of its pension liabilities to Legal & General Assurance Society Ltd., the insurer said Thursday, in a deal guided by Linklaters LLP, Macfarlanes LLP and DLA Piper.

  • September 25, 2025

    Trade Body Urges Patience On Canada-Style Pension Reform

    The U.K. must be patient and allow time for plans to consolidate public sector pension arrangements rather than rush to emulate a Canadian model for retirement savings, Pensions UK has said.

Expert Analysis

  • 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.

  • Key Risks And Developments For UK Law Firm Culture In 2020

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    In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

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    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.

  • #MeToo Pressure On UK Businesses Is Set To Rise

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    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.

  • Opinion

    UK's Insurer Investigations May Not Help Policyholders

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    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.

  • The Outlook For Autonomous Vehicles In The UK And US

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    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.

  • Brexit's Impact On London As A Top Int'l Arbitration Seat

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    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.

  • Post-Brexit UK Likely To Conform With EU On Human Rights

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    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.

  • The Evolution Of GDPR Enforcement Across The EU

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    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.

  • Series

    Why I Became A Lawyer: Being There For Families In Trouble

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    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.

  • 3 Ways To Leverage Vulnerability For Lawyer Well-Being

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    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.

  • Zurich Case Brings Clarity To Complex Contempt Proceedings

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    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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