Insurance UK

  • April 10, 2026

    FCA Warns Asset Managers On Conflicts, Consumer Duty

    The Financial Conduct Authority has warned that some applicants for authorization as asset managers are failing to manage conflicts of interest or to demonstrate they adequately apply its Consumer Duty regime.

  • April 10, 2026

    Catastrophe Insurance Pool For Bloc Proposed By EU Bodies

    The European Union should create a bloc-wide insurance pool and emergency lending backstop worth up to €65 billion ($76 billion) to protect households, businesses and governments from rising losses caused by natural disasters, two EU bodies have said.

  • April 10, 2026

    Middle East Conflict Reverses Gains In Pension Plan Funding

    Funding levels for defined benefit pension plans fell in March as heightened market volatility linked to conflict in the Middle East reversed gains made earlier in 2026, a financial services consultancy said Friday.

  • April 10, 2026

    Slovenian Bank Makes Rival €566M Bid For Austria's Addiko

    Slovenian lender NLB Group has begun a bidding war for Addiko, an Austrian banking group, after proposing a €566 million ($663 million) takeover bid a day after a rival €449 million approach from Austria's Raiffeisen Bank.

  • April 09, 2026

    Canada Life Hires Pensions Risk Pro From Rival Insurance Biz

    Insurer Canada Life said Thursday that it has recruited pensions risk transfer specialist Rhian Littlewood from Standard Life as a director in its bulk purchase annuities business.

  • April 09, 2026

    Insurance Body Calls For Changes To EU Tax Reform Plans

    Insurance Europe has urged European Union lawmakers to give workplace pension institutions that are regulated as insurers the same fast-track dividend tax relief as other pension providers in tax reforms which are pending.

  • April 09, 2026

    FCA Finds Customer ID Gaps At Banks, Asset Managers

    The Financial Conduct Authority has found in a review that banks, asset managers and other financial institutions are failing to make proper background checks on customers to prevent crime.

  • April 09, 2026

    Lawyer Group Calls For Driverless Car Crash Transparency

    The U.K. should introduce a new law to require crash data from self-driving vehicles to be disclosed to people who suffer injuries and their lawyers, a claimant injury lawyers' association said Thursday.

  • April 09, 2026

    Adviser Loses Challenge To FCA Ban Over Stalker Disruption

    A financial adviser has lost his challenge to a ban for failing to comply with regulatory requirements for six years, as a tribunal ruled that having to move house because of a stalker and suffering health problems did not excuse him.

  • April 08, 2026

    EU Clarifies Small Insurer Definition Under Simplified Rules

    The European Union's insurance watchdog introduced a harmonized approach on Wednesday to help insurers and national regulators better identify small and non-complex insurance undertakings and groups subject to simplified capital rules under Solvency II.

  • April 08, 2026

    EU Fund Managers Urge Simpler Cross-Border Tax Rules

    A trade body for European fund managers called Wednesday on lawmakers to simplify tax rules for cross border investments through funds by making some further changes to an initiative that is underway to simplify tax rules.

  • April 08, 2026

    EU Sustainable Rules Need Clarity, Finance Body Warns

    The consumer investment group Better Finance on Wednesday urged the European Union to simplify its sustainable finance rules so that investors can more easily weigh whether products deliver tangible environmental and social benefits.

  • April 08, 2026

    Geopolitical Risk 'Heightens Pensions Security Concerns'

    Trustees of defined benefit pension plans should regularly assess the strength and reliability of their sponsoring employers as geopolitical instability, inflation and higher business costs combine to threaten company finances, a consultancy warned on Wednesday.

  • April 08, 2026

    Squire Patton Steers Aviva's £100M Iveco Pension Plan Buy-In

    Aviva PLC said Wednesday it has completed a pension insurance deal worth £100 million ($134 million) with the Iveco Ltd. Pension Scheme, securing the retirement benefits of more than 1,350 U.K. members of the commercial vehicle maker's plan.

  • April 07, 2026

    UK Treasury Pressed To Widen Equivalence Regime With EU

    Trade bodies for U.K. and European financial institutions have urged HM Treasury to extend post-Brexit capital rules that allow overseas businesses to operate in Britain when they comply with home regulations.

  • April 07, 2026

    Iran War Could Revive 'Grip Of Peril' Insurance Rule

    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.

  • April 07, 2026

    City Body Foresees Problems In Gov't Digital ID System

    A trade body for financial institutions raised concerns on Tuesday over how a new national online identity system will work alongside the existing requirement for checks to identify future customers under the money laundering regulations.

  • April 07, 2026

    DWF Joins FCA And PRA Supervision Panels

    The Financial Conduct Authority and the Prudential Regulation Authority have added DWF to their panels that provide oversight of the financial sector, the law firm said Tuesday.

  • April 07, 2026

    ING Ends Russian Unit Sale Amid Doubts On Buyer Approval

    Dutch bank ING Groep NV said Tuesday that it will not sell Russian subsidiary ING Bank (Eurasia) JSC to Global Development JSC as it does not expect the Moscow-based buyer to get regulatory approvals.

  • April 07, 2026

    Pensions Biz Blames Outdated Rules For Transfer Delays

    Electronic pension transfers hit a record 1.7 million in the U.K. in 2025 but "outdated" rules and disparities in processing time could mean months of delay for savers moving their retirement funds, a pensions provider warned Tuesday.

  • April 06, 2026

    Reinsurers Say Arbitrator DQ Bid Should Stay In Federal Court

    Reinsurers are urging a New York federal court not to heed a Farmers unit's request to remand its suit seeking disqualification of an arbitrator from an asbestos coverage fight, arguing the insurer wrongly framed the dispute as an attorney ethics matter.

  • April 02, 2026

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

    The past week in London has seen data giant Sportrader face action from software company Altenar over alleged market abuse, Mexican billionaire Ricardo Pliego sue a man who allegedly defrauded him out of $415 million, and Warner Bros. bring a copyright claim against a YouTuber who leaked set footage of the upcoming Harry Potter series. Here, Law360 looks at these and other new claims in the U.K. 

  • April 02, 2026

    Optio Group To Acquire London-Based Marine MGA

    Managing general agent Optio has agreed to acquire another London-based marine insurance MGA, marking the latest buy for the expanding business in the specialized insurance market.

  • April 02, 2026

    AXA UK & Ireland Hires Lloyds Company Secretary As GC

    AXA UK & Ireland has appointed a new general counsel from Lloyds Banking Group, the insurer said Thursday.

  • April 02, 2026

    Third Of Home Insurance Claims From Accidents, Aviva Says

    Almost a third of all home insurance claims made to Aviva over the past four years were for accidental damage, the insurance giant said Thursday.

Expert Analysis

  • How Law Firms Can Handle Challenges Of Mass Claims

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    With a wave of volume litigation possibly about to hit the U.K. courts, firms developing mass claim practices should ensure they heed the Solicitors Regulation Authority's May warning and adopt strategies to ensure regulatory compliance and fair client representation, says Claire Van der Zant at Shieldpay.

  • FCA Doubles Down On New Priorities With Target ID Plan

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    Respondents to the Financial Conduct Authority’s recent consultation on its plan to publicly name subjects under investigation are concerned that the regulator’s cost-benefit analysis has not adequately considered the risks, but the FCA is holding firm, and it seems likely the changes will be implemented, says James Tyler at Peters & Peters.

  • Insurance Ruling Stresses High Hurdle To Fix Policy Wording

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    In Project Angel v. Axis, the Court of Appeal recently refused to rewrite the exclusion clause of an insurance policy, reminding parties in the warranty and indemnity market to carefully word clauses, as there is a high threshold before courts will intervene to amend policies, say Joseph Moore and Laura McCann at Travers Smith.

  • Examining Senior Managers' Accountability For AI Use

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    With the Financial Conduct Authority's artificial intelligence update and the Prudential Regulation Authority’s letter to the government offering key guidance on the Senior Managers and Certification Regime, Senior Managers in these organizations need to show they have taken steps to prevent breaching requirements in order not to be held personally accountable, says Jennifer Holyoake at DLA Piper.

  • What Cos. Should Know About The EU Greenwashing Rules

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    The EU's recently proposed Green Claims Directive introduces new rules to improve the transparency and honesty of environmental claims in advertising, which will help ensure that consumers receive accurate and reliable information to make informed purchasing decisions, says Daja Apetz-Dreier at Morgan Lewis.

  • The Art Of Corporate Apologies: Crafting An Effective Strategy

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    Public relations challenges often stop companies from apologizing amid alleged wrongdoing, but a recent U.K. government consultation seeks to make this easier, highlighting the importance of corporate apologies and measures to help companies balance the benefits against the potential legal ramifications, says Dina Hudson at Byfield Consultancy.

  • Dissecting Recent Developments Against The Misuse Of NDAs

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    The U.K. government's recent plans to nullify nondisclosure agreements that prevent victims from reporting crimes should remind lawyers to proactively consider the necessity of such agreements, especially in light of the Solicitors Regulation Authority's warning notice on drafting improper NDAs, say Clare Davis and Macaela Joyes at RPC.

  • What To Know About The Russia-Stranded Plane Ruling

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

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