A ruling by Britain's highest court that allows insurers to cut payouts for claims based on COVID-19 furlough payments could affect how other types of government financial support will work in the future, lawyers say.
An approaching deadline for new claims for COVID-19 business interruption has prompted a series of last-minute court filings, but lawyers say that any fresh disputes will be narrow and likely to focus on complex questions not resolved by earlier test cases.
Insurers are likely to run again into the thorny question of whether aircraft grounded amid airport closures in the Middle East are already within the "grip of the peril" if leasing companies make claims for damages on canceled policies, lawyers said.
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The Financial Conduct Authority has been given a lead role in targeting money laundering, crypto-assets and money transfer scams in a government fraud strategy involving multiple agencies, which lawyers expect will boost enforcement action and heap a new compliance burden on financial institutions.
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A ruling by Britain's highest court that allows insurers to cut payouts for claims based on COVID-19 furlough payments could affect how other types of government financial support will work in the future, lawyers say.
An approaching deadline for new claims for COVID-19 business interruption has prompted a series of last-minute court filings, but lawyers say that any fresh disputes will be narrow and likely to focus on complex questions not resolved by earlier test cases.
Insurers are likely to run again into the thorny question of whether aircraft grounded amid airport closures in the Middle East are already within the "grip of the peril" if leasing companies make claims for damages on canceled policies, lawyers said.
The Financial Conduct Authority has been given a lead role in targeting money laundering, crypto-assets and money transfer scams in a government fraud strategy involving multiple agencies, which lawyers expect will boost enforcement action and heap a new compliance burden on financial institutions.
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May 01, 2026
An aircraft leasing company has settled its $40.5 million claim against insurer AXA for aircraft currently stranded in Russia since the beginning of the war in Ukraine.
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May 01, 2026
Reforms to workplace and private pensions should complement but not replace public retirement savings systems in Europe, an official EU advisory body warned Friday, amid growing moves across the bloc to improve access to supplementary pensions.
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May 01, 2026
The past week in London has seen a Swiss energy trader bring a Financial List claim against shipping benchmarking company Baltic Exchange, law firm Slater and Gordon sued by a former client, Slack and Salesforce hit Microsoft with an antitrust claim, and Stephen Fry bring a personal injury claim after he broke bones falling off a stage. Here, Law360 looks at these and other new claims in the U.K...
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May 01, 2026
Insurers could be forced to hike prices for bulk purchase annuity deals as a result of a crackdown by regulators on risky forms of offshore reinsurance, analysts said Friday.
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May 01, 2026
The U.K. government must ditch the triple lock and radically reform the wider state pension system, a think tank said Friday.
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May 01, 2026
Motor insurance premiums in Britain remained broadly unchanged in the first three months of 2026, but rising vehicle repair costs continue to pile pressure on both insurers and drivers, according to the Association of British Insurers.
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May 01, 2026
A government-backed flood reinsurance program managing more than £1 billion ($1.36 billion) in assets has picked an Aberdeen Group subsidiary to act as its sole asset manager, the business has said.
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April 30, 2026
The Financial Reporting Council published its final revision on Thursday to incoming auditing standards for assessing the risk of fraud and a company's ability to keep operating in the foreseeable future, highlighting a demand for greater transparency in audit reporting.
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April 30, 2026
Schroders Capital has said one of its investment vehicles has committed more than £100 million ($135.2 million) of pension capital and government-backed money to a range of British technology and artificial intelligence startups.
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April 30, 2026
The U.K. retirement savings watchdog has finalized rules for new collective type pension plans, which will go live in October.
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April 30, 2026
The government has said it will introduce reforms to allow existing capital market structures to be used for the U.K.'s planned new captive insurance regime.
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April 30, 2026
A group of insurers has claimed they do not have to pay any more to a pensions provider because its policy limits have been exhausted, arguing that the court should not restore the £35 million ($47.3 million) annual liability limits of the policies.
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April 29, 2026
A global standard setter published finalized guidance on Wednesday for regulators and national authorities to determine which insurance companies should be required to prepare for potential failure.
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April 29, 2026
The number of complaints made by consumers to the Financial Conduct Authority over insurance spiked 10% in the second half of 2025, official figures show, months after a landmark "super complaint" into widespread failings in the sector.
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April 29, 2026
The government's planned pension reforms passed into law on Wednesday after ministers agreed to introduce last minute guardrails on controversial new powers.
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April 29, 2026
The Financial Conduct Authority said Wednesday in its latest Market Watch newsletter that businesses must share customer information with each other on market abuse and other financial crime as far as the law allows.
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April 29, 2026
The Bank of England's regulatory arm floated measures on Wednesday that would see funded reinsurance transactions involving U.K. life insurance companies face enhanced regulatory requirements, amid fears its growing use poses wider risks to financial stability.
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April 28, 2026
People's Partnership has become the first British master trust provider to join the Pensions Management Institute's Development Partnership program, which aims to raise professional standards across the pensions industry.
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April 28, 2026
Company bosses need to be transparent with investors regarding the use of new technology, an insurer warned Tuesday, amid the growing threat of litigation over so-called AI washing.
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April 28, 2026
Fears over a tax raid on pensions have led to a surge in Britons cashing out of their long-term savings in the run-up to Budget announcements, a consultancy found Tuesday.
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April 28, 2026
Four in five adults in Britain are not aware of the long-awaited pensions dashboards project designed to connect savers with lost savings pots, according to a KPMG survey, with knowledge of the forthcoming portals lowest among those closest to retirement.
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April 28, 2026
Britain is becoming an increasingly elderly society, with major implications for pensions, the economy and public services, the Office for National Statistics said Tuesday.
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April 28, 2026
An industrial adhesives manufacturer has settled its £5.7 million ($8 million) row with two insurers over losses the company allegedly sustained fighting claims over defective products it sold in the U.K. and Germany.
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April 27, 2026
The push to create new pension megafunds in the coming years could further concentrate power in the hands of just a few professional trustees, a consultancy warned Tuesday.
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April 27, 2026
The European Union's insurance watchdog has given lawmakers draft rules supporting the sector's new resolution regime, which include setting up centralized resolution colleges to help manage the closure or restructuring of failing insurance groups.