Insurance UK

  • August 22, 2025

    HMRC Tightens Pension Tax Relief Claims By Higher Earners

    The U.K. is restricting pension tax relief claims for higher earners in a change coming into effect next month, Britain's tax authority said.

  • August 22, 2025

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

    This past week in London has seen football manager Bruno Lage sue the owner of Olympique Lyonnais and Botafogo football clubs, luxury fashion brand Christian Dior Couture target a jewelry business trading under the same name, and a Russian motorsports promoter take action against Formula One after it canceled its Russian Grand Prix in 2022.

  • August 22, 2025

    1 In 4 UK Homeowners Unaware Of Flooding Risk

    A quarter of Britons don't know whether their house is at risk of damage from flooding and storms, and only 27% of those would know how to find out if it is, the Association of British Insurers said Friday, weeks before the start of autumn in the U.K.

  • August 22, 2025

    Pension Body Opposes UK Gov't Plan For Mandated Investing

    The government must drop its plan to introduce a "reserve power" that will allow it to force pension funds into making U.K. investments, a trade body said Friday.

  • August 22, 2025

    UK State Pension Could Rise 4.6% Under Triple Lock Pledge

    The state pension could rise by £551 ($746) a year for Britons in 2026 under the so-called triple lock, piling additional costs on taxpayers, a consultancy warned on Friday. 

  • August 22, 2025

    Police Officers Win Bid To Revive GDPR Breach Claims

    A group of police officers can revive their group action over their annual pension statements being posted to the wrong address, as an appeals court found on Friday that the error had breached their rights to privacy.

  • August 22, 2025

    FCA Revises Controls After Poor Oversight Of Payments Firm

    The Financial Conduct Authority said it has changed its internal systems and controls and is introducing new rules for the payments sector, after the Complaints Commissioner found it failed to properly regulate a collapsing payments firm.

  • August 21, 2025

    Injury Firm Seeks Guidance On Payouts For Trans Claimants

    A personal injury law firm called for sector-wide guidance on compensation calculations for transgender claimants on Thursday, in order to prevent inequalities in payouts following the U.K. Supreme Court's controversial ruling on the definition of sex.

  • August 21, 2025

    BoE Says No Urgent Need To Raise £85K APP Fraud Limit

    The Bank of England called Thursday to keep the £85,000 ($114,000) limit for compulsory reimbursement of victims of authorized push payment fraud in payments made through the CHAPS settlements system at a time it is under review.

  • August 21, 2025

    ABI Data Shows Insurers Paid £472M In Travel Claims For 2024

    British insurance companies paid £472 million ($634 million) to settle travel insurance claims in 2024, the Association of British Insurers said Thursday.

  • August 21, 2025

    FCA Warns Firms Of Failings In Algorithmic Trading Controls

    The Financial Conduct Authority said Thursday that trading companies need to address deficiencies in algorithmic trading controls, noting poor record keeping with compliance staff lacking oversight of controls.

  • August 21, 2025

    Health Insurance Uptick Fuels £123M Rise In UK Tax Revenue

    Mounting pressure on Britain's public healthcare system is spurring the uptake of health insurance products and boosting government tax revenue, financial services consultancy Broadstone said Thursday.

  • August 21, 2025

    Oxford Uni Sues Aviva Over COVID Interruption Insurance

    A group of colleges and halls of residence of the University of Oxford have sued Aviva over the insurance giant's alleged failure to pay out for losses sustained during the COVID-19 pandemic.

  • August 20, 2025

    Aviva, Tesco Launch Life Insurance Partnership

    Aviva PLC said Wednesday that it has launched a new partnership with the insurance arm of Tesco that will give the customers of the grocery giant access to affordable life insurance programs.

  • August 20, 2025

    Marine Insurers Warned Of Legal Risks From Modern Slavery

    Insurers risk legal and reputational damage if they offer cover for shipping companies that rely on modern slavery in their business models, a trade body for the sector warned.

  • August 20, 2025

    Fewer Pension Plans Granting Inflation-Driven Increases

    Fewer U.K. pension plans are giving their members discretionary increases in retirement payments, with inflation lower and changes anticipated in how surpluses will be used, Aon PLC said Wednesday.

  • August 20, 2025

    EU Finance Watchdog, EEA Sign Sustainability Agreement

    The financial markets watchdog of the European Union said Wednesday that it has entered into an agreement with the European Environment Agency to strengthen cooperation in sustainable finance and enhance regulation across member states.

  • August 20, 2025

    Eversheds, LCP Guide £700M Pension Deal For Engineer ABB

    The British subsidiary of global electrical engineering giant ABB Group has agreed a full-scheme pension program buy-in worth £700 million ($945 million) with Aviva PLC, the insurer said Wednesday.

  • August 19, 2025

    Athora, Brookfield Deals May Spur UK Pension Risk Appetite

    A wave of consolidation among life insurers may mean deeper pockets to meet demand in the pension risk transfer market, a broker said Tuesday.

  • August 19, 2025

    Aviva Backs AI Broker's Bid To Tackle Underinsurance

    A company that says it is Britain's first artificial intelligence-based insurance broker has said it has raised almost £1 million ($1.28 million) from investors including Aviva and a venture capital firm in a preliminary funding round.

  • August 19, 2025

    Bridgehaven Pens Deal To Support Solicitor Indemnity Market

    British specialty insurer Bridgehaven has said it will support managing general agent Pen Underwriting and its solicitors' professional indemnity portfolio under a new partnership.

  • August 19, 2025

    Pensions Watchdog Says £80M Returned To Scam Victims

    More than £80 million ($108 million) has been paid out to pension savers who fell victim to scams, after a landmark court victory paved the way for compensation, the U.K. retirement savings watchdog said Tuesday.

  • August 19, 2025

    Insurance Giant Gallagher Closes $13B AssuredPartners Buy

    Arthur J. Gallagher & Co. has completed its $13.5 billion acquisition of independent rival AssuredPartners Inc. as the global insurance brokerage seeks to benefit from strengthening its niche industry expertise and growing its U.K. and Ireland operations.

  • August 18, 2025

    Aviva Launches Flexible Annuity To Boost Retirement Control

    Aviva said Monday that it has launched a new retirement income program that pays a guaranteed amount over a fixed term to give clients more control over their pension savings.

  • August 18, 2025

    Gov't Group Drafts Rules For Funding Transition To Net-Zero

    A government-backed body proposed a series of guidelines on Monday for lenders to provide credible transition finance to companies that plan to reduce a heavy reliance on fossil fuels to meet net-zero emissions goals.

Expert Analysis

  • FCA Misconduct Guide Will Expand Firms' Duty To Investigate

    Author Photo

    The Financial Conduct Authority's recent proposals on workplace nonfinancial misconduct will place a greater onus on compliance and investigations teams, clarifying that the question to ascertain is whether the behavior is justifiable and proportionate, say lawyers at Ashurst.

  • Mansion House Speech Heralds New Financial Regulatory Era

    Author Photo

    The chancellor of the exchequer's recent Mansion House speech introduced a sweeping commitment to modernize regulation, which will require U.K. retail banks and building societies to revisit core assumptions, and allow lawyers to play a key role in shaping the new rules, say lawyers at Addleshaw Goddard.

  • Key Points From EU Proposals To Ease Securitization Rules

    Author Photo

    The European Commission’s recently proposed securitization framework amendments aim to relax existing rules, such as by reducing due diligence requirements and removing the need for investors to conduct certain prescribed compliance verifications by sponsors or original lenders, say lawyers at McDermott.

  • What To Expect As FCA Preps To Launch AI Testing Service

    Author Photo

    The Financial Conduct Authority’s forthcoming artificial intelligence live testing service will provide participants with access to appropriate regulatory expertise, but to gauge the tool’s potential utility, it is important to understand how it fits in with what the regulator is already doing, says Omar Salem at Fox Williams.

  • EU Banking Watchdog Regulations Herald New AML Era

    Author Photo

    The European Banking Authority’s forthcoming anti-money laundering package will set a framework for compliance across the European Union by redefining the rules of engagement between financial institutions and supervisors, setting a new standard for transparency and accountability, say lawyers at A&O Shearman.

  • What To Expect As UK, US Gov'ts Develop Stablecoin Policies

    Author Photo

    While the U.K. and U.S. governments’ policies both suggest that fiat-backed stablecoins can improve efficiency and safety in payments systems, a perception that crypto-assets remain high risk means consumers are unlikely to use them in significant volume anytime soon, say lawyers at Cadwalader.

  • What Insurers Can Do To Prepare For PRA 'Solvent Exit' Rules

    Author Photo

    With less than a year until the Prudential Regulation Authority's new solvent exit rules for insurers come into force, it is critical that firms prepare to meet the imminent deadline by outlining an execution plan and establishing clear governance arrangements, say lawyers at Holman Fenwick.

  • How Regulators Want Online Platforms To Fight Finance Fraud

    Author Photo

    Recent statements from the International Organization of Securities Commissions and the European Securities and Markets Authority make clear that online platform providers are expected to adopt proactive measures to prevent the promotion of unauthorized financial services and related misconduct, say lawyers at Taylor Wessing.

  • FCA Notes Industry Criticism But Keeps Transparency Focus

    Author Photo

    The Financial Conduct Authority’s recently updated enforcement guide finally gives up the "naming and shaming" public interest test, demonstrating that the regulator has recognized the industry's serious concerns while maintaining less contentious aspects of its proposals to improve transparency in investigations, say lawyers at Irwin Mitchell.

  • Court Backing Of FCA Pensions Ruling Sends Key Message

    Author Photo

    The Upper Tribunal’s recent upholding of the Financial Conduct Authority's decisions against CFP Management directors serves as a judicial endorsement of the regulator’s approach to defined benefit transfers, underscoring that where the advisory model is fundamentally flawed, the consequences for those in control can be severe, say lawyers at RPC.

  • Pension Schemes Bill's Most Notable, Controversial Measures

    Author Photo

    The long-awaited Pension Schemes Bill recently introduced to Parliament creates a framework for harnessing money saved in U.K. workplace pension funds to grow the country’s economy, but provisions relating to local government pension scheme investment, and scale and asset allocation, are controversial, says Claire Dimmock at Squire Patton.

  • Decoding Arbitral Disputes: Prestige's Jurisprudential Legacy

    Author Photo

    The U.K. Supreme Court's recent denial of appeal ended Spain's decades-long quest to enforce an €855 million arbitral judgment against a London insurer, throwing into stark relief the increasingly complex relationship between arbitral sovereignty, foreign state immunity and the shifting terrain of post-Brexit private international law, says Josep Galvez at 4-5 Gray's Inn.

  • UK Securities Tax Reform Will Be Welcomed By Investors

    Author Photo

    The proposed reforms resulting from HM Revenue & Customs' recent consultation on modernizing stamp taxes on shares, suggesting a single digital tax on securities to replace stamp duty and stamp duty reserve tax, are expected to reduce complexity for investors transacting in U.K. securities, say lawyers at Ropes & Gray.

  • A Shifting Landscape Of Greater Scrutiny After Data Breaches

    Author Photo

    Recent Information Commissioner's Office fines for personal data breaches and a Home Office consultation signal a shift in the U.K. regulatory landscape, and with an increase in mass actions and resulting exposure, organizations should prepare for potential third-party claims from those incurring consequential losses, say lawyers at Atheria.

  • What To Note As HM Treasury, FCA Plan New Crypto Regs

    Author Photo

    Taken together, HM Treasury’s recently proposed crypto-asset regulations and the Financial Conduct Authority’s new discussion paper on regulating crypto-asset activities provide key insights into the government's planned regime, which represents significant changes that will affect all firms providing related services, says Mark Chalmers at Davis Polk.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here