Insurance UK

  • June 24, 2026

    UK Auditing Watchdog Eases Rules To Trim Reports

    The Financial Reporting Council said on Wednesday that it had revised auditing standards to shorten auditors' reports after concerns that they had become unnecessarily lengthy in recent years.

  • June 24, 2026

    UK Insurers Must Tighten Financial Crime Controls, FCA Says

    The finance watchdog has urged insurers to strengthen key financial crime controls after it found weaknesses across the sector, including in risk assessments, customer due diligence, transaction monitoring and oversight of outsourced activities.

  • June 24, 2026

    Car Insurance Premiums See First Rise In Two Years

    The average cost of car insurance increased by 1% between March and May, marking the first quarterly rise in more than two years and potentially signaling an "inflection point" for the industry, broking company WTW said Wednesday.

  • June 23, 2026

    Gupta's Steel Biz Auditor Sanctioned Over 'Egregious' Failings

    The U.K. accounting watchdog said Tuesday that it has fined and banned a tiny accounting firm, finding "widespread deficiencies" in its audit work on the accounts of several companies in Sanjeev Gupta's metals empire.

  • June 23, 2026

    EU Lawmakers Advance Digital Euro Plan For 2027 Pilot

    The European Parliament's economic and monetary affairs committee said Tuesday it has voted by a large majority for a digital euro backed by the European Central Bank, with a pilot rollout likely in 2027.

  • June 23, 2026

    Moody's Says Heatwave Losses Largely Uninsured

    Ratings agency Moody's has said that almost 95% of the €43 billion ($49 billion) of losses caused by Europe's 2025 heatwave were uninsured, as the gap between risks and insurance cover continues to widen around the world.

  • June 23, 2026

    Aegon Urges Next PM To Rethink Pension Triple Lock

    The next prime minister should reconsider the long-term viability of the state pension triple lock, an insurer warned Tuesday.

  • June 23, 2026

    IP Group Rejects £615.8M Bid From Railway Pension Trustee

    IP Group PLC said Tuesday that it has rejected a takeover approach worth approximately £615.8 million ($814 million) from the trustee of a U.K. retirement savings plan for railway staff.

  • June 23, 2026

    Obesity Jabs Could Raise Pension Liabilities, Insurer Warns

    Almost nine in 10 trustees of defined benefit pension schemes in the U.K. have not assessed how new and evolving health treatments for weight loss will affect the liabilities of their plans, Standard Life said Tuesday.

  • June 23, 2026

    EU Insurers Push For Sharper Savings Union Focus

    Europe's insurance industry urged policymakers on Tuesday to sharpen the focus of the Savings and Investments Union, saying the sector should do more to channel household savings into the long-term investments needed to strengthen Europe's economy.

  • June 22, 2026

    FCA Plans To Tighten Rules For Self-Invested Pensions

    The Financial Conduct Authority proposed tighter rules for self-invested personal pensions on Monday in order to prevent fraudulent investments and keep client money safe.

  • June 22, 2026

    Fletchers Loses £30K Win Fee After Insurance Row With Client

    A London court has stripped a national law firm of a £30,400 ($40,200) success fee, ruling that it could have helped its client fund his personal injury claim through an existing insurance policy rather than a conditional fee agreement.

  • June 22, 2026

    Insurers Say Spain Owes Damages Over €855M Oil Spill Case

    Maritime insurers told the U.K. Supreme Court on Monday that they are entitled to equitable compensation after Spain breached an arbitration agreement when it obtained a €855 million ($980 million) judgment over a major oil spill off its coast.

  • June 22, 2026

    Water Escape Cap May Expose Customers, Insurer Says

    Specialist insurer Prestige on Monday warned that homeowners with unoccupied or holiday properties could face a financial hit if their insurance policies place fixed limits on claims for water leaks, with research showing many losses exceed common coverage caps.

  • June 22, 2026

    BoE Sets Out 'Milestone' Regime For Stablecoin Issuers

    The Bank of England set out on Monday what it called a "milestone" regime for U.K. issuers of stablecoins in a policy paper that relaxes its original proposals.

  • June 22, 2026

    Lloyd's Launches New Hormuz War Risk Consortium

    Lloyd's of London has announced the launch of a new marine war insurance facility for vessels traveling through the Strait of Hormuz, with up to $400 million in cover.

  • June 22, 2026

    Record Funding 'Could Spark Novel Pension Options'

    The strong funding position of defined benefit pension plans is likely to give rise to more innovation in the future, Britain's retirement savings watchdog has said, as it urged any plans considering novel ideas to consult with the regulator.

  • June 22, 2026

    Starmer's Resignation Opens Way For Burnham's PM Bid

    Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.

  • June 19, 2026

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

    The past week in London has seen Royal Mail Pension Plan companies sue Wates Construction after investing in a Cambridge development project, law firm Ronald Fletcher Baker launch proceedings against several former partners and the rival firm they moved to, Lansdowne Law, and energy group VAROPreem bring an intellectual property claim against North Sea producer Viaro Energy and its chief executive. Here, Law360 looks at these and other new claims in the U.K.

  • June 19, 2026

    Software Co. Sellers Deny Inflating Finances In Criteo Deal

    Investors in a communications software provider have hit back against a £7.5 million ($9.9 million) claim brought by BidSwitch, denying that they fraudulently inflated the financial position of the company in an attempt to persuade the internet advertising broker to buy it.

  • June 19, 2026

    Insurer-Led Innovations Aim To Cut Pension Buyout Delays

    Britain's pension risk transfer market is innovating to accelerate the often-delayed process of moving defined benefit pension plans from buy-in arrangements to full insurance buyouts, according to a report from consultancy Hymans Robertson.

  • June 19, 2026

    UK Insurers Face Rising Risks Of Greenwashing Litigation

    British insurers are likely to face pressure in 2026 over greenwashing-related litigation as well as wider climate issues, a legal body has warned.

  • June 19, 2026

    Pensions Admin Body Issues Guidance On Dashboards

    A pensions sector standards-setter has issued guidance it said will ensure that retirement savings plans, providers and administrators treat compliance with online dashboards as an ongoing responsibility rather than a one-off project.

  • June 19, 2026

    UK Project To Model Insurance For Changing Climate Risk

    Researchers have launched a project to help the insurance industry adapt to the growing risks posed by climate change, backed by £1.2 million ($1.6 million) in government funding.

  • June 18, 2026

    Insurers 'Need Clarity' On Driverless Car Liability, Report Says

    British insurance companies "need clarity" to price risk fairly and ensure cover is affordable as the U.K. moves to ensure automated vehicle safety regulation works effectively for both drivers and the industry, automotive risk research organization Thatcham Research said in a report published on Wednesday.

Expert Analysis

  • 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.

  • Unpacking The Building Safety Act's Industry Overhaul

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    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.

  • A Rare Look At Judicial Interpretation Of LEG Exclusions

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    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.

  • Ruling In FCA Case Offers Tips On Flexible Work Requests

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    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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