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Insurance UK
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December 09, 2025
Claims Prevention Biz Raises £2.38M To Expand In US
Ondo InsurTech PLC said Tuesday that it has raised gross proceeds of approximately £2.38 million ($3.17 million) to accelerate its expansion in the U.S. in an equity offering launched earlier in December.
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December 09, 2025
EU Lawmakers Agree To Reduce Sustainability Rules Burden
European Union lawmakers agreed Tuesday to reduce sustainability reporting and governance rules for companies, in order to improve global competitiveness.
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December 09, 2025
Lloyds Bank Covers £4.8B Pension Liabilities With Rothesay
The trustee of three Lloyds Banking Group pension schemes on Tuesday announced it had penned policies worth £4.8 billion ($6.4 billion) with insurer Rothesay to protect the schemes from costs linked to unexpected increases in member life expectancy.
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December 09, 2025
FCA Unveils Sweeping Cuts To Insurance Red Tape, Costs
The Financial Conduct Authority revealed on Tuesday that it will strip back red tape for the U.K. insurance sector in an effort to boost the competitiveness of the sector.
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December 09, 2025
UK Watchdog Targets Pension Barriers In Private Markets
The Pensions Regulator has said it will launch an investigation into why Britain's largest retirement funds are delaying investment in private markets as part of a push to spur the £3 trillion ($4 trillion) sector to plow more cash into the economy.
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December 08, 2025
AmTrust, Blackstone Launch New MGA Platform
AmTrust and the credit and insurance arm of Blackstone have agreed to turn some of the global insurer's managing general agencies and other companies in the U.S. and U.K. into a new business.
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December 08, 2025
Lawyers In Crosshairs In New Anti-Corruption Crackdown
Corrupt lawyers, accountants and bankers "will be hunted down" under a new anti-corruption strategy unveiled by the government on Monday, which will crack down on enablers facilitating bribery and illicit finance in the U.K.
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December 08, 2025
Pension Reforms Could Boost UK Investment By £220B
The government could raise £220 billion ($293 billion) in additional investment in Britain over the next decade through a series of reforms to pensions, insurance and home building, an insurer said in a report on Monday.
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December 08, 2025
FCA Releases Landmark Reforms To Boost Retail Investment
The Financial Conduct Authority published on Monday a landmark package of measures to encourage investments by consumers to help U.K. growth, giving businesses new clarity on when they are dealing with professionals.
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December 08, 2025
More Than 3M Savers Hit By Salary Sacrifice Budget Change
The government's plan to cap pension salary sacrifice arrangements will worsen the growing crisis of pension under-saving, a former pensions minister has warned, after an official report found that at least 3.3 million workers will be affected.
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December 08, 2025
BNP Paribas Ups Stake In Ageas With €1.1B Investment
French banking giant BNP Paribas said on Monday that its insurance subsidiary has increased its stake in Belgian multinational insurer Ageas Group SA to 22.5% from 14.9% with the injection of €1.1 billion ($1.28 billion) in new share capital.
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December 05, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Mozambique sue the late tycoon Iskandar Safa's family and Privinvest amid the wider $1.9 billion "tuna bond" fraud case, Entain face a claim from a major U.S. pensions agency, and a Mexican lawyer accused of embezzlement bring legal action against Travelers Insurance Co.
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December 05, 2025
A&O Guides Stagecoach On £1.2B Pension 'Run On' Deal
Asset management giant Aberdeen Group PLC said Thursday it would take over as the sponsor of the £1.2 billion ($1.6 billion) Stagecoach pension scheme, in a landmark deal steered by Slaughter and May, A&O Shearman and CMS Cameron McKenna.
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December 05, 2025
UK Watchdog Intervenes In Food Co.'s Pension Plan
Britain's retirement savings watchdog said on Friday its intervention, sparked by concern for members of a pension arrangement sponsored by a food manufacturer, has prompted the business to commit to putting around £300 million ($400 million) into the plan.
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December 05, 2025
M&A Falls By A Third In UK Insurance-Distribution Sector
Mergers and acquisitions activity in the U.K. insurance-distribution sector is set to have had a much quieter year, with acquisition volumes falling 34% in the first 11 months of 2025, according to a study published Friday.
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December 05, 2025
UK Watchdogs Plan To Spur £223B Mutual Financial Sector
Two finance watchdogs unveiled plans to boost growth in the U.K. mutual banking and insurance sector on Friday, part of the government's plan to double the size of the £223 billion ($297.5 billion) market.
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December 05, 2025
Swiss Re Targets $500M Annual Share Buyback Program
European insurance giant Swiss Re AG said Friday it will launch an annual share buyback program starting in 2026, adding that it will repurchase $500 million of shares every year after that.
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December 05, 2025
Gasket Maker, Insurance Broker Settle £2M Tool Theft Case
A British manufacturer of pipe seals and gaskets has agreed to settle its £2 million ($2.7 million) dispute with an insurance broker to cover the cost of "valuable" tools stolen by thieves.
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December 04, 2025
EU Parliament Urged To Act On Gaps In Pensions Savings
European savers deserve better returns and stronger consumer protections to ensure they have adequate pension pots, policy advocates have claimed, warning that reform is necessary to ensure citizens have sufficient resources in retirement.
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December 04, 2025
Smaller Audit Firms Gaining UK Market Share, Watchdog Says
Smaller auditors are starting to challenge the dominance of the Big Four firms for scrutinizing the finances of the country's biggest and most important companies, the accounting watchdog said Thursday.
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December 04, 2025
Lloyd's Body Weighs Emerging 'Forever Chemicals' Litigation
A trade body for Lloyd's of London has set up a committee to examine risks to the insurance sector from new forms of litigation, including those linked to "forever chemicals."
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December 04, 2025
Gov't To Address Pension Inflation In New Bill
The government has said it will use its current set of pension reforms to push through long-awaited inflation-linked increases to the retirement benefits of older workers.
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December 04, 2025
EU Reveals Plan To Boost Financial Market Integration
The European Commission unveiled a package of financial market reforms on Thursday, aimed at dismantling long-standing barriers to trade and creating a streamlined single capital market within the bloc of 27 nations.
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December 04, 2025
Legal Challenge Withdrawn After Gov't Pensions U-Turn
Campaigners fighting for compensation over historical failings on payments of women's state pensions have scored a win after the government agreed to reconsider its decision not to create a redress program within 12 weeks.
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December 10, 2025
Hargreaves Lansdown Hires New GC From Direct Line
Hargreaves Lansdown said Wednesday that it has hired a new chief legal officer and company secretary from insurer Direct Line Group, months after the wealth manager was acquired by a private equity consortium.
Expert Analysis
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Employers Can 'Waive' Goodbye To Unknown Future Claims
The Scottish Court of Session's recent decision in Bathgate v. Technip Singapore, holding that unknown future claims in a qualifying settlement agreement can be waived, offers employers the possibility of achieving a clean break when terminating employees and provides practitioners with much-needed guidance on how future cases might be dealt with in court, says Natasha Nichols at Farrer & Co.
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Acquisition Of AI Tech Poses Challenges For Media Industry
The artificial intelligence regulatory landscape is changing quickly, and media and entertainment companies planning to acquire AI technology through a merger, acquisition or licensing deal should be mindful of potential new compliance requirements and AI-specific insurance products, say lawyers at Covington.