Policymakers should bring together a representative group of citizens to form a range of ideas and proposals to help Britain avoid its looming pensions crisis, a cross-industry group has said in a report.
Law360 UK
Insurance
SATURDAY, MAY 9, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Pensions Orgs. Want Citizens' Assembly To Fix Savings Crisis

By Joel Poultney

Policymakers should bring together a representative group of citizens to form a range of ideas and proposals to help Britain avoid its looming pensions crisis, a cross-industry group has said in a report.

Read full article » | Save to favorites »

Hiscox Reports First Claims From Middle East War

By Martin Croucher

Insurance giant Hiscox said Thursday that its London market unit has received its first claims from the conflict in the Middle East, although it expects losses to be manageable.

Read full article » | Save to favorites »

Broadstone Launches Legacy DB Pension Schemes Service

By Tom Fish

Broadstone launched a new service on Thursday to advise trustees and corporate sponsors of defined benefit pension plans tied to legacy insured contracts on how to manage their increasingly complex and costly arrangements.

Read full article » | Save to favorites »

POLICY & REGULATION

FCA Sets Guidance On New, Tougher Payment Sector Rules

By Alex Davidson

The Financial Conduct Authority set out new guidance on Thursday on tough rules that have come into force requiring payment and electronic money institutions to safeguard customer money better.

Read full article » | Save to favorites »

DEALS

Insurtech Funding Holds As AI Deals Dominate, Report Says

By Joel Poultney

Global funding for insurance technology companies remained steady at $1.63 billion in the first three months of this year, Gallagher Re said Thursday, while almost all of that investment went to companies focused on artificial intelligence. 

Read full article » | Save to favorites »

Brief

UK Bike Insurer Laka Acquires Specialist Rival VeloLife

By Tom Fish

Laka Ltd. has acquired the bike insurance business of U.K. specialist VeloLife in its fourth takeover since 2023, as the London-based mobility insurer steps up efforts to consolidate Europe's fragmented micromobility sector.

Read full article » | Save to favorites »

Promo that reads Law360 Pulse 2026 AI Survey

COMPANIES IN TODAY'S NEWS

Decathlon Club

HSBC Holdings PLC

Hiscox Ltd.

Paypal Holdings Inc.

Swiss Reinsurance Co. Ltd.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Financial Conduct Authority

Financial Services Compensation Scheme