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Insurance UK
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February 05, 2026
MPs Lambast Pensions Ministry Over Culture Of Complacency
The Department for Work and Pensions is held back by a culture of complacency and has showed an unwillingness to learn from its mistakes, a committee of senior MPs have said.
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February 05, 2026
Insurance Distribution M&A Deals Rise, MarshBerry Says
Mergers and acquisitions in the U.K. insurance distribution sector showed "tentative signs" of renewed activity in January, albeit from a low base, according to advisory firm MarshBerry.
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February 05, 2026
PSR Urges Gov't To Clarify Card Fee Data-Gathering Powers
The Payment Systems Regulator has called on HM Treasury to clarify its information-gathering powers when those of the Financial Conduct Authority are stronger, amid a lack of competition pressure on Visa and Mastercard.
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February 05, 2026
Lloyd's Reinsurer Loses Fire Payout Jurisdiction Dispute
An appellate court dismissed on Thursday the attempt by the corporate member of a Lloyd's syndicate to overturn a ruling that barred it from pursuing arbitration in New York against the captive insurer for Tyson Foods, in a row over cover following a fire at one of the food giant's plants in Alabama.
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February 05, 2026
Cos. At Risk Over Doubts On Cover For Cyberfines, Aon Says
Businesses are being left financially exposed by tougher fines for cyberbreaches and laws that are unclear on whether insurance can protect them against regulatory penalties, according to a report by Aon PLC.
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February 04, 2026
Keoghs Expands With Counter-Fraud Team From Clyde & Co.
Keoghs LLP said Wednesday that it has hired a team of counter-fraud experts from Clyde & Co. LLP as it expands its services in central England.
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February 04, 2026
Reform Housing Sector To Boost UK Investment, PIC Urges
Britain's housing and infrastructure sector requires "immediate reform" to unlock billions of pounds for investment, Pension Insurance Corp. has said, calling for a raft of changes to remove the barriers preventing capital being steered toward the country.
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February 05, 2026
Sky Settles £138M HQ Roof Damage Insurance Claim
Sky and its construction contractor Mace have agreed to settle their multimillion-pound claim against a group of insurers over water damage to the roof of the media giant's headquarters.
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February 04, 2026
DLA Piper Steers Marine Biz In £55M Pension Deal With PIC
Global financial services and marine operations group Bibby Line has completed a £55 million ($75 million) buy-in transaction with Pension Insurance Corp. PLC, the insurer said Wednesday, securing the retirement benefits of 667 plan members.
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February 04, 2026
UK Pension Funds Exposed To AI Bubble, LCP Warns
The country's largest defined contribution pension funds are potentially exposed to a correction in U.S. artificial intelligence stocks, a consultancy warned Wednesday.
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February 04, 2026
Driverless Tech Unlikely To Immediately Hit UK Insurers
The U.K. motor insurance sector is likely to be insulated from the widespread adoption of autonomous vehicles for at least another decade, analysts said on Wednesday.
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February 04, 2026
Slaughter And May-Led Zurich Gets Beazley Nod On £8B Offer
Beazley has backed a sweetened £8 billion ($11 billion) takeover approach from Swiss insurance heavyweight Zurich Insurance Group Ltd., the companies said Wednesday, after the London-listed company rejected two lower bids in January.
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February 03, 2026
ABI's New Strategy Aims To Boost Trust In Insurance
The Association of British Insurers said Tuesday it would continue its bid to improve trust in the insurance and long-term savings sector, including plans to broaden access and reduce protection gaps.
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February 03, 2026
EU Watchdog Records Growing AI Adoption By Insurers
Two-thirds of European insurers are already using some form of generative artificial intelligence, according to the regional watchdog for the sector, which has urged caution in the rollout of the new technology.
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February 03, 2026
Ex-Staffer Sues Insurance Co. For Unpaid Salary After Firing
A former employee has sued an insurance company for £535,993 ($733,000) in unpaid salary, bonuses and pension contributions after she said it fired her under the false pretense that the dismissal was "mutually agreed."
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February 03, 2026
UK Sets Financial Services Links With China To Boost London
The government said Tuesday it had secured agreements with China to boost London's position as a global financial hub during Prime Minister Keir Starmer's recent visit to the country.
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February 03, 2026
FCA Confirms No Intervention On Insurance Premium Finance
The Financial Conduct Authority confirmed Tuesday that it would not step in over the high interest rates consumers face for insurance finance arrangements, despite having described the practice as a tax on the poor.
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February 03, 2026
Osborne Clarke Steers £20M Inspection Biz Pension Buyout
The U.K.'s construction certification body has completed a £20 million ($27 million) full scheme buyout with insurer Aviva, securing the pension benefits of all its members, Broadstone said Tuesday.
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February 03, 2026
UK Bids To Narrow Local Gov't Pension Gap With Reforms
The government has said it will push ahead with a raft of reforms to the Local Government Pension Scheme in a move aimed at improving pension outcomes for working women and families.
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February 02, 2026
Pensions Biz Chesnara Completes £260M Buy Of HSBC Life
British pensions company Chesnara PLC said Monday that it has completed the acquisition for approximately £260 million ($355 million) of the specialist life protection and investment bond provider of banking giant HSBC, boosting its assets to approximately £18 billion.
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February 02, 2026
FCA To Roll Out New Open Banking System By March
The Financial Conduct Authority said Monday that a new open banking mechanism will go live in March to enable more consumers to make regular payments more flexibly than by direct debit, coinciding with plans for a next-generation retail payments plan.
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February 02, 2026
Insurance Giant L&G Joins Trade Group For Sector
Financial services giant Legal & General Group PLC has joined the Association of British Insurers, strengthening the insurance trade body's representation as the sector navigates changes in the regulatory market.
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February 02, 2026
Mills & Reeve Guides £16M Pensions Deal For UK Charity
Just Group PLC said Monday that it has completed a buy-in transaction worth £16 million ($22 million) to secure the retirement benefits for members of the pension plan of a charity which cares for disabled military veterans.
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February 02, 2026
Broker Marsh Denies Stonegate's COVID Coverage Claims
Insurance broker Marsh has said it is not liable for the alleged losses sustained by a group of companies in the Stonegate Pub Co. portfolio in the aftermath of the COVID-19 pandemic because it secured the cover it was asked to arrange.
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January 30, 2026
Ex-Pensions Lawyer Wins Whistleblowing Docs In Firing Case
A former in-house lawyer at the National Employment Savings Trust has settled his whistleblowing claim against the pension scheme shortly after an employment tribunal granted him access to additional documents relating to its investigation into his concerns.
Expert Analysis
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Emerging Trends From A Busy Climate Litigation Year
Although many environmental cases brought in the U.K. were unsuccessful in 2023, they arguably clarified several relevant issues, such as climate rights, director and trustee obligations, and the extent to which claimants can hold the government accountable, illustrating what 2024 may have in store for climate litigation, say Simon Bishop and Patrick Kenny at Hausfeld.
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How Businesses Can Prepare For Cyber Resilience In 2024
With cybersecurity breaches one of the biggest threats to U.K. businesses and as legislation tightens, organizations should prioritize their external security measures in 2024 and mitigate risks by being well-informed on internal data protection procedures, says Kevin Modiri at Nelsons.
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So You Want To Write A Guest Article?
If your New Year's resolution is to spend more time writing, here's everything you need to know to pitch guest article ideas to Law360.
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Lessons To Be Learned From 2023's Bank Failures
This year’s banking collapses, coupled with interest rate rises, inflation and geopolitical instability have highlighted the need for more robust governance, and banks and regulators have learned that they must adequately monitor and control liquidity risk to protect against another financial crisis, say Juliette Mills and Alix Prentice at Cadwalader.
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The Top 7 Global ESG Litigation Trends In 2023
To date, ESG litigation across the world can largely be divided into seven forms, but these patterns will continue developing, including a rise in cases against private and state actors, a more complex regulatory environment affecting multinational companies, and an increase in nongovernmental organization activity, say Sophie Lamb and Aleksandra Dulska at Latham.
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PPI Ruling Spells Trouble For Financial Services Firms
The Supreme Court's recent decision in Canada Square v. Potter, which found that the claimant's missold payment protection insurance claim was not time-barred, is bad news for affected financial services firms, as there is now certainty over the law on the postponement of limitation periods, rendering hidden commission claims viable, say Ian Skinner and Chris Webber at Squire Patton.
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DC Ruling Provides Support For Builders Risk Claim Recovery
To deny coverage for builders risk claims, insurers have been increasingly relying on two arguments, both of which have been invalidated in the recent U.S. District Court for the District of Columbia decision, South Capitol Bridgebuilders v. Lexington, say Greg Podolak and Cheryl Kozdrey at Saxe Doernberger.
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Navigating The Novel Challenges Facing The Legal Profession
The increasing prominence of ESG and AI have transformed the legal landscape and represent new opportunities for lawyers, but with evolving regulations and the ever-expanding reach of the Solicitors Regulation Authority, law firms should ensure that they have appropriate policies in place to adapt to these challenges, say Scott Ashby and Aimee Talbot at RPC.
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New Fixed Costs Rules May Have Unforeseen Consequences
The recent changes to fixed recoverable costs, which were intended to reduce costs and increase certainty, have profound implications for civil claims, but may unintentionally prompt more litigation and reduce access to justice as lawyers leave the market, says Paul Squires at Sedgwick Legal.
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Sustainable Finance Consultations May Signal Key Changes
The European Commission's recently launched consultations on the sustainable finance disclosure regulation point to important changes, including the potential introduction of a new product categorization system, and illustrate that there are clearly issues with the existing framework, say Ferdisha Snagg and Andreas Wildner at Cleary.
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Deal Over Jets Stranded In Russia May Serve As Blueprint
In the face of a pending "mega-trial" over leased airplanes held in Russia after its invasion of Ukraine, a settlement between leading aviation lessor AerCap Holdings NV and NSK, the Russian state-controlled insurance company, could pave the way for similar deals, say Samantha Zaozirny and Timeyin Pinnick at Browne Jacobson.
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What The Auto-Enrollment Law Means For UK Workforce
In a welcome step to enhance retirement savings, the U.K. government is set to extend the automatic enrollment regime by lowering the eligibility age and reducing the lower qualifying earnings limit, but addressing workers' immediate financial needs remains a challenge, says Beth Brown at Arc Pensions.
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Protecting The Arbitral Process In Russia-Related Disputes
Four recent High Court and Court of Appeal rulings concerning anti-suit injunction claims illustrate that companies exposed to litigation risk in Russia may need to carefully consider how to best protect their interests and the arbitral process with regard to a Russian counterparty, say lawyers at Linklaters.
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RSA Insurance Ruling Clarifies Definition Of 'Insured Loss'
A London appeals court's recent ruling in Royal & Sun Alliance Insurance v. Tughans, that the insurer must provide coverage for a liability that included the law firm's fees, shows that a claim for the recovery of fees paid to a firm can constitute an insured loss, say James Roberts and Sophia Hanif at Clyde & Co.
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Key Takeaways From ICO Report On Workforce Monitoring
The Information Commissioner's Office recently published guidance on workplace monitoring, highlighting that employers must strike a balance between their business needs and workers' privacy rights to avoid falling afoul of U.K. data protection law requirements, say lawyers at MoFo.