Insurance UK

  • January 28, 2026

    Pension Funds Could Take Hit From Cap On Ground Rents

    A government plan to cap ground rents for leaseholders could deal a major blow to the willingness of pension funds to invest in the U.K., experts have warned.

  • January 28, 2026

    FCA Awards Bond Data Contract Amid Legal Dispute

    The Financial Conduct Authority said Wednesday it has signed a contract with Etrading Software to deliver the U.K. bond consolidated tape, as the regulator continues to defend itself against a legal challenge.

  • January 28, 2026

    Pensions Adviser Isio Launches Deals Service For Small Plans

    Pensions advisory business Isio has launched a service that it said is designed to support smaller retirement savings plans as they seek to overcome barriers to potential buyouts with insurers.

  • January 28, 2026

    More Firms Sign Audit Stewardship Code Before Latest Launch

    More than 290 companies with combined assets under management of more than £57 trillion ($78.5 trillion) have now signed the UK Stewardship Code, the Financial Reporting Council said Wednesday.

  • January 28, 2026

    Zurich UK Invests £1.3M In AI Apprenticeship Program

    Insurance giant Zurich UK has launched an artificial intelligence apprenticeship program for staff as it looks to help employees to gain the confidence they need to embrace the new technology.

  • January 28, 2026

    FCA Urged To Clarify AI Rules For Senior Managers

    The Financial Conduct Authority is facing calls from legal experts for it to plug gaps in its rules that could leave senior managers on the hook for failings in artificial intelligence under existing accountability regulations.

  • January 27, 2026

    Gov't Pension IHT Reforms Risk Delays, Costs, Report Finds

    Plans by the government to apply inheritance tax to wealth transferred through pensions place a huge burden on the personnel dealing with the estate and risk causing "significant delays and costs," a House of Lords committee warned in a report published Wednesday.  

  • January 27, 2026

    Lloyd's Syndicate Says Reinsurers Owe Millions Over COVID

    A Lloyd's of London syndicate told a trial Tuesday that a group of underwriters and insurance companies owe it several million dollars for losses suffered when venues shut down around the globe during the COVID-19 pandemic.

  • January 27, 2026

    Pinsent Masons Steers AUB's Buy Of UK Insurance Broker

    Australian insurance broking and underwriting agency group AUB Group Ltd. said Tuesday that it has agreed to acquire a majority stake in the insurance business of insurance holding company PIHL Holdings Ltd., boosting its footprint in the U.K.

  • January 27, 2026

    DLA Piper Guides £6.6M Pension Deal For Norwegian Food Biz

    The Norwegian food company Kavli Group has offloaded £6.6 million ($9 million) of its U.K. retirement scheme liabilities to Pension Insurance Corp. PLC, the insurer said Tuesday, in a deal steered by DLA Piper and CMS Cameron McKenna Nabarro Olswang LLP.

  • January 27, 2026

    FCA Moving Too Slowly On Red Tape Cuts, Lloyd's Body Says

    The Financial Conduct Authority should go further this year to reduce the burdens on Lloyd's of London insurers, a trade body said, warning that progress so far in dealing with red tape has been too slow.

  • January 27, 2026

    FCA Studying Impact Of AI On Financial Services, Markets

    The finance watchdog launched a wide-ranging review into how artificial intelligence could reshape financial services and markets in the long-term on Tuesday, as regulators face growing pressure to keep pace with the fast-moving technology.

  • January 27, 2026

    UK Finance Gender Pay Gap One Of The Highest, EY Says

    The U.K. has one of the highest board-level gender pay gaps in the transatlantic financial services market, Ernst & Young LLP has said in a study, despite narrowing the renumeration divide to 29% from 40% since 2020.

  • January 26, 2026

    Costain's New Pension Deal Boosts Shareholder Returns

    Costain Group PLC said Monday that it has reached a new agreement for its defined benefit pension scheme with its trustee, which will help it boost shareholder returns, as it announced a new £20 million ($27.4 million) share buyback program.

  • January 26, 2026

    FCA Rejects Business COVID Claim Deadline Extension Bid

    The City watchdog has rejected a bid by a law firm and a group of hospitality sector trade groups to extend the deadline for business interruption claims linked to the COVID-19 pandemic.

  • January 26, 2026

    Marsh Boosts Data Center Cover To $2.7B For AI Boom

    Insurance giant Marsh McLennan said Monday it is able to offer higher payouts on claims under its flagship data center insurance facility, amid a boom in construction to support the rollout of new artificial intelligence technology.

  • January 26, 2026

    FCA Warns Crypto Sector Against Mistreating Consumers

    The Financial Conduct Authority has warned crypto asset businesses against providing unsuitable products to consumers in draft guidance on applying the Consumer Duty under the crypto asset regime that comes into force in 2026.

  • January 26, 2026

    Arc Guides Finnish Airline's £4M Pension Deal With Aviva

    Finland's national airline has offloaded £4 million ($5.5 million) of its pension liabilities to insurer Aviva PLC, advisers said Monday, in a deal guided by Arc Pensions Law.

  • January 26, 2026

    UK Civil Service Pension Plan Members Face Payment Delays

    Scores of retired members of the U.K.'s Civil Service pension plan have not received their pension payments due to issues hampering the handover between the companies administering the program, the Public and Commercial Services Union has said.

  • January 23, 2026

    Taxation With Representation: Vinge, A&O Shearman, Cassels

    In this week's Taxation With Representation, Swedish private equity company EQT buys U.K. secondaries firm Coller Capital, biopharmaceutical giant GSK PLC acquires Rapt Therapeutics Inc., and fusion energy company General Fusion announces plans to go public by merging with special purpose acquisition company Spring Valley Acquisition Corp. III.

  • January 23, 2026

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

    This past week in London saw Travelers Insurance hit with a claim from a property buyer over a payout tied to collapsed law firm Axiom Ince, Swedish music group Pophouse Entertainment clash with the production company that helped it create the ABBA Voyage experience, and biotech company Vertex Pharmaceuticals sue rival entity ToolGen for patent infringement.

  • January 23, 2026

    Systemic Issues Drive UK Gender Pension Gap, Study Says

    Policymakers should assess what barriers affect long-term planning for retirement saving for women, rather than assuming that they lack confidence, when explaining the gender pension gap, a report published Friday says.

  • January 23, 2026

    FCA Proposes More Standards For Crypto Asset Regulation

    The Financial Conduct Authority proposed Friday further rules on how crypto asset companies should treat consumers under the new regulatory regime for digital assets due for implementation later this year.

  • January 23, 2026

    FRC Issues New Guidance After Virgin Media Pension Ruling

    Britain's audit regulator released new guidance on Friday that clarifies how pension programs should comply with the findings of a landmark court judgment.

  • January 23, 2026

    Cost Of Tax Breaks On Pension Contributions Nears £60B

    The cost to the U.K. government of providing tax breaks on pensions savings is set to rise to nearly £60 billion ($81.2 billion) next year, according to official figures.

Expert Analysis

  • Emerging Trends From A Busy Climate Litigation Year

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    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.

  • How Businesses Can Prepare For Cyber Resilience In 2024

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    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.

  • So You Want To Write A Guest Article?

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    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.

  • Lessons To Be Learned From 2023's Bank Failures

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    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.

  • The Top 7 Global ESG Litigation Trends In 2023

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    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.

  • PPI Ruling Spells Trouble For Financial Services Firms

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    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.

  • DC Ruling Provides Support For Builders Risk Claim Recovery

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    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.

  • Navigating The Novel Challenges Facing The Legal Profession

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    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.

  • New Fixed Costs Rules May Have Unforeseen Consequences

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    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.

  • Sustainable Finance Consultations May Signal Key Changes

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    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.

  • Deal Over Jets Stranded In Russia May Serve As Blueprint

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    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.

  • What The Auto-Enrollment Law Means For UK Workforce

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    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.

  • Protecting The Arbitral Process In Russia-Related Disputes

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    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.

  • RSA Insurance Ruling Clarifies Definition Of 'Insured Loss'

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    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.

  • Key Takeaways From ICO Report On Workforce Monitoring

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    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.

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