Insurance UK

  • November 07, 2025

    Broker Settles $18.7M Fraud Row With Mexican Insurance Co.

    A London-based insurance broker and a Mexican reinsurance business have agreed to settle their $18.7 million row, sparked by the North American company accusing one of the British business' agents of faking documents for non-existent arrangements and pocketing the cash.

  • November 07, 2025

    EU Watchdog Highlights High Distribution Costs Of Funds

    Almost half of what European retail investors pay to invest in mutual funds goes to distributors rather than fund managers, partly because of "opaque" practices, the bloc's financial watchdog has said in its first report assessing fund costs.

  • November 06, 2025

    UK Pensions Watchdog Wraps Decade-Long Case Against ITV

    The Pensions Regulator said Thursday that it has finalized its deal with ITV that means the British broadcaster will now provide full pension benefits to members of the Box Clever retirement savings plan, concluding one of the watchdog's longest running cases.

  • November 06, 2025

    UK Pensions Body Warns Gov't Over Removing Tax Breaks

    Millions of workers could lose out on hundreds of pounds a year if the government moves to end tax breaks on pension contributions, a trade body said Thursday in a stark warning to policymakers.

  • November 06, 2025

    Insurers Back UK Gov't's Financial Inclusion Plan

    ​The Association of British Insurers said Thursday that it supports the government's recently launched plan to improve access to financial services and boost households' economic resilience.

  • November 06, 2025

    UK Pension Deals To Hit £550B By 2035, Study Finds

    The U.K. pension risk-transfer market is heading for an unprecedented decade of growth, with total buy-in and buyout volumes projected to hit a high watermark of £550 billion ($720 billion) by 2035, a retirement consultancy said Thursday.

  • November 06, 2025

    Pulse, Nirvana Merge To Form Specialty MGA Platform

    Managing general agent Pulse Insurance Ltd. said it has completed its planned merger with Nirvana after being given the green light from the Financial Conduct Authority.

  • November 06, 2025

    Pinsent Masons Steers Shipping Co. On £70M Pension Deals

    Danish international shipping and logistics company DFDS AS has completed two bulk purchase annuity transactions worth a combined £70.4 million ($92.2 million) with Just Group PLC, the financial services company disclosed on Thursday.

  • November 05, 2025

    Gov't Says It Will Bring Tech Giants Into Financial Regulation

    Big technology companies could be brought within the scope of U.K. financial regulation by next year, a minister said, after the government came under pressure from lawmakers over its response to last month's Amazon cloud outage.

  • November 05, 2025

    BoE Vows To Make Captive Insurance Regime Competitive

    The Bank of England said Wednesday it would ensure that its new regime to allow corporations to set up captive insurance companies would be internationally competitive.

  • November 05, 2025

    Gunnercooke Guides £96M Ford-Sponsored Pension Deal

    L&G said Wednesday it has finalized a £96 million ($125 million) pension plan buy-in for Ford Motor Co., to secure the retirement benefits of more than 1,000 U.K. members.

  • November 05, 2025

    Amlin Dodges $47M Award Over 'Pay First' Clause In Ship Row

    The owner of a vessel that ran aground cannot overturn a judgment finding that MS Amlin Marine NV doesn't have to pay out to a company it insured because the insolvent business failed to pay a $47 million arbitration award, an appeals court ruled Wednesday.

  • November 05, 2025

    Insurer Sampo To Roll Out Share Buyback Worth Up To €150M

    Finnish insurer Sampo PLC said on Wednesday it will begin a new €150 million ($172 million) share repurchase program with a view to lowering its share capital.

  • November 05, 2025

    Marine Insurer Sues To Block Claim Over Deadly Sea Collision

    Two insurance businesses have sued an Italian provider of offshore support vessels to prevent the company from claiming any legal liabilities or costs as indemnity after a tugboat sank and left five of its crew dead.

  • November 04, 2025

    SMEs Fight Liberty Mutual On 'Discovery' Wording And COVID

    A group of businesses on Tuesday argued that Liberty Mutual Insurance should pay out for disruption caused by COVID-19 and subsequent lockdowns, on the opening day of the latest trial in a series of cases to examine insurance firms' policies in the wake of the pandemic. 

  • November 04, 2025

    UK Pension Dashboards 'On Course' As Final Deadline Looms

    The U.K.'s flagship online pension dashboard project is still on track with now less than a year to go before the final deadline, the agency responsible confirmed.

  • November 04, 2025

    BDO Hit With $102M Claim For 'Negligent' Audits Of Insurer

    The liquidators of an insurance company have hit BDO LLP with a negligence claim of more than $100 million, arguing that inadequate audits concealed the true financial picture of the defunct business.

  • November 04, 2025

    Gov't Urged To Bring 'Major Changes' To Pension Tax Plans

    The government should give "much more thought" to its plans to apply inheritance tax to wealth transferred through pensions to ensure the proposals are implemented fairly and effectively, a retirement consultancy has said.

  • November 04, 2025

    Canada Life Completes £41M AG Barr Pension Buy-In

    Insurance and financial services company Canada Life said Tuesday it has finalized a pension plan buy-in worth £41 million ($54 million) with Scottish drinks maker A.G. Barr, in a bulk purchase annuities transaction co-steered by Shepherd and Wedderburn.

  • November 04, 2025

    FCA Faces Balancing Act In Response To Super Complaint

    The City watchdog could be forced to walk a thin line between protecting consumers on the one hand and upholding the government's economic growth agenda on the other — as it draws up a response to a landmark "super complaint" into the insurance sector.

  • November 03, 2025

    ABI Urges Gov't To Cut Tax On Health Insurance

    The Association of British Insurers called on Monday for the government to cut tax on health insurance in the workplace, amid high levels of long-term sickness that are preventing people from working.

  • November 03, 2025

    JTC Completes £20M Buy Of Swiss Bank Unit

    Fund administrations services provider JTC said Monday that it has completed the £20 million ($26.3 million) acquisition of a financial services company that caters to ultra and high-net-worth clients from Swiss private bank Union Bancaire Privée SA.

  • November 03, 2025

    Electric Vehicle Insurance Costs Challenge EU Insurers

    Europe's rapid adoption of electric vehicles is reshaping the motor insurance landscape and piling fresh pressure on an already fragile profit outlook for insurers, a ratings agency warned Monday.

  • November 03, 2025

    Travers Smith-Led Pensions Biz Buys AJ Bell Unit For £25M

    Online investment platform AJ Bell said Monday that it has completed the sale of its retirement savings arm, Platinum, to U.K. pensions administrator InvestAcc Group Ltd. in a deal worth up to £25 million ($33 million).

  • November 03, 2025

    Watchdogs Set Landmark Rules For UK-Swiss Finance

    Financial regulators published rules on Monday under a landmark agreement that will allow Swiss and U.K. firms to trade across borders based on the recognition that the two countries' supervisory regimes have equivalent outcomes.

Expert Analysis

  • 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.

  • 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.

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