Try our Advanced Search for more refined results
Insurance UK
-
October 30, 2025
EU Eases Capital Rules For Banks, Insurers To Help Growth
The executive body of the European Union has eased some capital rules for institutional investors to help them invest more in the economy and boost bloc-wide growth.
-
October 30, 2025
Reinsurers Say Bank Filed Russian Jet Engine Claim Too Late
A group of reinsurers has denied owing Bank of Utah $9.5 million over a jet engine allegedly stuck in Russia since the country's invasion of Ukraine, saying the claim is time-barred under Russian law.
-
October 30, 2025
Ombudsman Complaints Down But Insurance Cases Rise
The number of insurance complaints has increased by 14% over the past quarter, the U.K.'s financial arbitration body said, even as overall complaints across all sectors declined.
-
October 30, 2025
FCA Investigating 76 Cases Of Non-Financial Misconduct
The Financial Conduct Authority is currently investigating 76 cases of bullying, harassment or discrimination in the financial sector, a senior executive has told a parliamentary committee.
-
October 30, 2025
Wachtell, Debevoise Help AIG Buy $2.1B Stake In Insurer
Insurance heavyweight AIG, led by Wachtell and Debevoise, said Thursday that it will buy a minority stake in Weil-guided underwriter and insurer Convex Group Ltd. for $2.1 billion.
-
October 29, 2025
Zurich Launches 'Moonshot Factory' AI Insurance Lab
Insurance giant Zurich on Wednesday said it has launched an artificial intelligence lab to "revolutionize" its business model and develop what it called the next generation of insurance solutions.
-
October 29, 2025
UK Launches Review Of Controversial 'Whiplash' Reforms
The government said Wednesday that it has launched a review of its 2021 reform program for "whiplash" personal injury claims, amid industry concerns over delays to compensation and the failure of insurers to pass on savings to policyholders.
-
October 29, 2025
Firms That Overstate AI Capabilities Face Risks, Insurer Warns
Companies that over-hype the impact of new artificial intelligence technologies on their business could face potential shareholder or regulatory action down the road, an insurer warned.
-
October 29, 2025
Allianz Calls For Unified Data Framework For Self-Driving Cars
Government agencies and insurers should work together on areas such as swapping information about automated vehicles, Allianz UK said, adding that prompt access to data will be needed if there are accidents involving such cars.
-
October 29, 2025
Aviva Says Colleges' £62M COVID Losses Fall Outside Policy
Aviva Insurance has denied it is wrongfully refusing to pay out over losses of more than £62 million ($82 million) allegedly suffered by a group of University of Oxford colleges during the COVID-19 pandemic, claiming the disruption fell beyond the policy's cover.
-
October 29, 2025
Former Covea Execs To Launch New UK Motor Underwriter
Lumara Insurance, a new U.K.-based commercial combined managing general agent will launch before the end of the year, the company's incubator Mission said Wednesday.
-
October 29, 2025
TPT Appoints All-Female Trustee Board For New Pension Plan
TPT Retirement Solutions said Wednesday it has appointed an all-female board of trustees for its multi-employer collective defined contribution pension savings plan.
-
October 29, 2025
Standard Life Says Millions Have Lost Track Of Pension Pots
Millions of savers could be missing out on valuable retirement funds, Standard Life said Wednesday, as new research revealed widespread confusion and neglect around workplace pensions.
-
October 28, 2025
AXA Renews Insurance Partnership With Avantia Group
Insurer AXA UK revealed a five-year extension to its partnership with Avantia Group on Tuesday, reconfirming an arrangement under which AXA underwrites policies for customers of Avantia's Homeprotect brand.
-
October 28, 2025
UK Gov't Told To Reconsider Pension 'Triple Lock' Pledge
Britain's policymakers should establish a clear adequacy level for the state pension so it meets minimum income standards for retirement before potentially abandoning the triple lock policy for a more sustainable system, a trade body has said.
-
October 28, 2025
FCA Drafts Policy On Emergency Short-Selling Powers
The Financial Conduct Authority released a draft policy on Tuesday on how it would use its "emergency powers" to stop or restrict short selling, in a new regime that will anonymize individual major short sellers.
-
October 28, 2025
Hogan Lovells Guides Royal London's £16M Pension Deal
Insurer Royal London said Tuesday that it has covered £16 million ($21 million) of pension liabilities for British door manufacturer Premdor Crosby.
-
October 28, 2025
UK To Regulate ESG Ratings In Push For Market Transparency
The government has introduced legislation that will bring providers of environmental, social and governance ratings under the regulatory remit of the Financial Conduct Authority.
-
October 28, 2025
BP Marsh To Sell Stake In Canadian Underwriter For $37M
Specialist investor BP Marsh said Tuesday it has agreed to sell its 28.2% stake in Stewart Specialty Risk Underwriting Ltd. for 51.9 million Canadian dollars ($37 million), marking its full exit from the agency.
-
October 27, 2025
Finance Sector Asks BoE To Clarify Settlement Extensions
A financial trade body warned the Bank of England on Monday to clarify its roadmap for extending settlement times on high-value CHAPS payments and to improve technical support if the system is to work.
-
October 27, 2025
UK Civil Service Pension Plan Marked By 'Successive Failures'
The Cabinet Office has not effectively managed the outsourced administration of the Civil Service Pension Plan, a parliamentary committee has found, ruling that the government has "successively" failed in its oversight of the scheme.
-
October 27, 2025
Slaughter & May-Led L&G Seals £4.6B Ford Pension Buy-Ins
Legal & General said Monday it has completed a £4.6 billion ($6.1 billion) buy-in of two pension plans for motor manufacturer Ford, taking on liability for the retirement benefits of more than 35,000 members.
-
October 27, 2025
Asset Managers Oppose EU Centralized Supervision
A trade body warned Monday that proposals by the European Union to centralize regulation of asset managers would prove ineffective or add complexity without improving the current passporting regime.
-
October 27, 2025
Insurance Staffer Loses Reconsideration Bid Over Resignation
An employment tribunal has rejected a bid by an executive assistant to have a ruling that found an insurance broker did not force her to resign reconsidered because there is "no reasonable prospect" of the judgment being varied or revoked.
-
October 24, 2025
MPs Warn Gov't Against Cutting £20K Cash ISA Limit
Government plans to place limits on cash individual savings accounts are unlikely to push savers to put their money in stocks, a cross-party group of MPs warned on Saturday, as Britain seeks to boost equity investment to fuel corporate activity.
Expert Analysis
-
What To Know About The Russia-Stranded Plane Ruling
The High Court's recent decision in Zephyrus Capital Aviation v. Fidelis Underwriting, rejecting reinsurers' U.K. jurisdiction challenges in claims over stranded planes in Russia, has broad implications for cross-border litigation involving exclusive jurisdiction clauses, says Samantha Zaozirny at Browne Jacobson.
-
3 Notable Pensions Reforms In Spring Budget
The U.K. government’s spring budget introduced reforms to improve pension outcomes through the value for money framework and the lifetime provider model, as well as to encourage investments in Britain — three interlinked areas that could pressure trustees and providers to rethink how they approach investments, say Liz Ramsaran and Marcus Fink at DWF.
-
UK Arbitration Ruling Offers Tips On Quelling Bias Concerns
An English court's recent decision in H1 v. W to remove an arbitrator because of impartiality concerns offers several lessons on mitigating bias, including striking a balance between arbitration experience and knowledge of a particular industry, and highlights the importance of careful arbitrator appointment, says Paul-Raphael Shehadeh at Duane Morris.
-
Bias Ruling Offers Guidance On Disqualifying Arbitrators
An English court's recent decision in H1 v. W, removing an arbitrator due to bias concerns, reaffirms practical considerations when assessing an arbitrator's impartiality, and highlights how ill-chosen language by an arbitrator can clear the high bar for disqualification, say Andrew Connelly and Ian Meredith at K&L Gates.
-
Insurance Policy Takeaways From UK Lockdown Loss Ruling
An English court's recent decision in Unipolsai v. Covea, determining that insurers' losses from COVID-19 lockdowns were covered by reinsurance, highlights key issues on insurance policy wordings, including how to define a "catastrophe" in the context of the pandemic, says Daniel Healy at Brown Rudnick.
-
What COVID Payout Ruling Means For Lockdown Loss Claims
While the High Court's recent COVID-19 payout decision in Gatwick v. Liberty Mutual, holding that pandemic-related regulations trigger prevention of access clauses, will likely lead to insurers accepting more business interruption claims, there are still evidentiary challenges and issues regarding policy limits and furlough, say Josianne El Antoury and Greg Lascelles at Covington.
-
Spartan Arbitration Tactics Against Well-Funded Opponents
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
-
Top Court Hire Car Ruling Affects 3rd-Party Negligence Cases
The U.K. Supreme Court's recent decision in Armstead v. Royal & Sun Alliance, finding that an insurer was responsible for lost car rental income after an accident, has significant implications for arguing economic loss and determining burden of proof in third-party negligence cases that trigger contractual liabilities, say lawyers at Macfarlanes.
-
Unpacking The Building Safety Act's Industry Overhaul
Recent updates to the Building Safety Act introduce a new principal designer role and longer limitation periods for defects claims, ushering in new compliance challenges for construction industry stakeholders to navigate, as well as a need to affirm that their insurance arrangements provide adequate protection, say Zoe Eastell and Zack Gould-Wilson at RPC.
-
A Rare Look At Judicial Interpretation Of LEG Exclusions
A Florida federal court’s order last month in Archer Western-De Moya v. Ace American Insurance and an earlier decision from a D.C. federal court offer insight into how courts may interpret defects exclusion clauses developed by the London Engineering Group — filling a void in case law in the area, says Jonathan Bruce at Holman Fenwick.
-
Ruling In FCA Case Offers Tips On Flexible Work Requests
In Wilson v. Financial Conduct Authority, the Employment Tribunal recently found that the regulator's rejection of a remote work request was justified, highlighting for employers factors that affect flexible work request outcomes, while emphasizing that individual inquiries should be considered on the specific facts, say Frances Rollin, Ella Tunnell and Kerry Garcia at Stevens & Bolton.
-
Breaking Down The New UK Pension Funding Regs
Recently published U.K. pension regulations, proposing major changes to funding and investing in defined benefit pension schemes, raise implementation considerations for trustees, including the importance of the employer covenant, say Charles Magoffin and Elizabeth Bullock at Freshfields.
-
Decoding UK Case Law On Anti-Suit Injunctions
The English High Court's forthcoming decision on an anti-suit injunction filed in Augusta Energy v. Top Oil last month will provide useful guidance on application grounds for practitioners, but, pending that ruling, other recent decisions offer key considerations when making or resisting claims when there is an exclusive jurisdiction clause in the contract, says Abigail Healey at Quillon Law.
-
Cayman Islands Off AML Risk Lists, Signaling Robust Controls
As a world-leading jurisdiction for securitization special purpose entities, the removal of the Cayman Islands from increased anti-money laundering monitoring lists is a significant milestone that will benefit new and existing financial services customers conducting business in the territory, say lawyers at Walkers Global.
-
How Decision On A Key Definition Affects SMEs
The Financial Conduct Authority's decision not to extend the definition of small and midsized enterprises may benefit banks and finance providers in the current high interest rate environment and where SMEs in certain sectors may be under financial pressure in light of the cost-of-living crisis in order to streamline it, says Rachael Healey at RPC.