Insurance UK

  • March 17, 2026

    Pension Group Formed To Raise Trustee Investing Standards

    The government has revealed that a new working group has been set up to develop statutory guidance to support retirement scheme trustees in their investment decision-making.

  • March 16, 2026

    Reinsurers Bid To Prune Chubb, Fidelis Russia Aircraft Claims

    Reinsurers including AIG and AXA asked a London judge on Monday to trim Chubb and Fidelis' claims to cover their liability to aircraft lessors for planes stranded in Russia after the invasion of Ukraine, saying they should have brought their claims via subrogation.

  • March 16, 2026

    Insurers Refuse To Cover Solicitors' Debt In £1M Payment Row

    The insurer of an insolvent solicitors' firm has said exclusions in the pair's policy means it does not have to pay more than £1 million ($1.33 million) to a legal expense insurance company over allegedly missed payments linked to after-the-event litigation policies.

  • March 16, 2026

    Gov't Warned Against Mirroring Australian Pensions System

    The government should think twice before trying to replicate the Australian model of pension funds investing heavily in domestic assets without allowing the market to develop, a report published Monday found.

  • March 16, 2026

    FCA Proposes Major Overhaul Of Redress System

    The Financial Conduct Authority and the Financial Ombudsman Service set out landmark reforms to the U.K. financial services redress system on Monday, in line with a government commitment to introduce new legislation.

  • March 16, 2026

    UK Watchdog Publishes Flexible Governance Reporting Guide

    ​The Financial Reporting Council on Monday urged companies to improve the quality of explanations they provide under U.K. Corporate Governance Code provisions, warning that rigid compliance and boilerplate disclosures risk undermining effective governance.

  • March 16, 2026

    Insurers Beat AmTrust's £59M Claim Over Legal Funding Fail

    AmTrust failed in its bid to hold an insurer of two defunct law firms liable for £59 million ($78 million) in defaulted loans after a court ruled Monday that the losses incurred in claimant cases were not covered by the firms' insurance policies.

  • March 16, 2026

    'Deep Unease' On Gov't Pension Investment Plans, ABI Says

    There is "deep unease" about government plans to mandate pension funds to make certain investments, the Association of British Insurers has said, pointing to research that reveals that an overwhelming majority of savers are opposed to interference from Whitehall.

  • March 13, 2026

    How The Iran War Has Snarled Global Oil & Gas Shipping

    The Iran war has effectively closed a key global shipping lane for oil and gas, and the resulting logjam is causing major headaches for companies responsible for transporting oil and gas from the Middle East to global markets.

  • March 13, 2026

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

    In London, Estée Lauder accused Jo Malone's founder of intellectual property infringement, the wife of an Iranian businessman linked to a £75 million fraud sued several Iranian oil companies, HSBC sued U.S. property tycoon Michael Fuchs, and Charles Russell Speechlys brought a claim against a United Arab Emirates company it once represented in an international arbitration.

  • March 13, 2026

    Lords Defy Gov't In Vote To Raise Salary Sacrifice Cap To £5K

    The House of Lords has voted to raise a planned cap on tax-free pension salary sacrifice from £2,000 ($2,600) to £5,000, pushing back against the government's attempt to tackle £70 billion of the proposed arrangements.

  • March 13, 2026

    Allianz Uncovered Record Levels Of Insurance Fraud In 2025

    Allianz UK has said it detected £174 million ($231 million) worth of insurance fraud in 2025 — 10.5% more than in 2024, its previous record year, as criminals changed their tactics.

  • March 13, 2026

    Industry Backs Gov't Plan To Limit Pension Investment Power

    The British government's move to limit a controversial measure designed to mandate pension funds to make certain investments is a "positive step," pensions trade groups have said.

  • March 13, 2026

    FCA Sees Banks, Insurers Liaising Poorly With Consumers

    The Financial Conduct Authority said Friday in a review that some banks, insurers and others used overlong documents to inform customers, pointing out Consumer Duty expectations.

  • March 13, 2026

    Impact Of Iran War Manageable So Far For Global Reinsurers

    The impact of the war in the Middle East is limited so far for global reinsurers, a ratings agency has said, but it warned that this could change if the conflict drags on.

  • March 13, 2026

    M&A Surges 14% In European Insurance Sector In 2025

    Mergers and acquisitions in the European insurance sector reached a record high in 2025, driven by private equity-backed consolidators and rising interest in specialty insurers, according to FTI Consulting Inc.

  • March 12, 2026

    New Fraud Unit Faces Hurdles To Take On Overseas Scams

    A new anti-fraud unit built to disrupt the growing threat to national security posed by online scammers fills gaps left in the enforcement landscape, lawyers say — although there are hurdles for prosecution of suspects, particularly when many scams originate thousands of miles away.

  • March 12, 2026

    UK Personal Pension Transfer System 'Not Fit For Purpose'

    Policymakers should slash the statutory deadline for pension transfers from six months to 30 working days, a group of digital retirement savings platforms said Thursday, as they proposed several changes to a system they described as "not fit for purpose."

  • March 12, 2026

    EU Watchdog Reveals Plans To Boost Investing, Supervision

    The European Union's financial markets watchdog set out plans on Thursday to simplify retail investing, having found that consumers mistrust markets because of conflicts of interest, high fees and insufficient enforcement against scams.

  • March 12, 2026

    Barnett Waddingham, Insurer PIC Expand Partnership

    Consulting and administration firm Barnett Waddingham said Thursday it has extended its partnership with specialist coverage firm Pension Insurance Corp. by taking on full administration services for two defined benefit pension schemes progressing toward full buyout.

  • March 12, 2026

    Iran Oil Crisis Not Due To Lack Of Insurance, Trade Body Says

    Oil tankers are staying away from the Strait of Hormuz because of concerns about safety rather than a scarcity of insurance, an insurance trade body has said.

  • March 12, 2026

    Insurers Back Bid To Boost Outcomes For Pension Savers

    The Association of British Insurers has given its backing to proposals by Britain's finance watchdog to focus on ensuring long-term value and better outcomes for pension savers in 2026.

  • March 11, 2026

    FCA Rebalances Insurance Priorities With Fewer Rules

    The Financial Conduct Authority has said it will attempt to avoid creating new rules for the insurance sector to cut regulatory red tape and help business, raising concerns that the watchdog is softening its commitment to protect consumers.

  • March 11, 2026

    Pensions Sector Told To Protect Against Impersonation Fraud

    Britain's retirement savings watchdog said Wednesday that the pensions industry must take immediate action to protect savers amid a reported rise in impersonation fraud.

  • March 11, 2026

    Hogan Lovells Guides Dutch Insurer On €8B Pension Deals

    Dutch insurer Achmea Pension & Life Insurance said Wednesday it has offloaded €8 billion ($9.3 billion) of the longevity risk on its pension liabilities to Munich Re and Pacific Life Re in a deal steered by Hogan Lovells International, Marcfarlanes, NautaDutilh and Debevoise.

Expert Analysis

  • An ICO Reminder On Managing Subject Access Requests

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    Although the U.K. Information Commissioner's Office’s recent seven reprimands regarding mismanagement of data subject access requests are unusual, it is worth organizations considering what resources and training may be available to ensure these are properly managed in the future, says Ross McKenzie at Addleshaw Goddard.

  • Opinion

    Increasing Law Firm Polarization Will Degrade Rule Of Law

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    As evidenced in recent instances of law firms separating from attorneys who represented certain industries or espoused certain views, firms and the legal practice itself have grown troublingly polarized and intolerant of dissent, says Rebecca Roiphe at New York Law School.

  • The FTX Fallout So Far And What May Come Next

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    While the downfall of FTX is likely to cause substantial losses and lead to extensive litigation, it will hopefully precipitate a renewed focus on regulating the crypto market in a responsible way that gives more protection to consumers, says Dan Wyatt at RPC.

  • Hard Insurance Market Will Influence Legal Industry, Economy

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    As the cost of claims starts to outstrip the value of premiums, insurers are denying more claims and considering scaling back coverage, leading to an influx of legal work and potential holes in the market, says Bruce Hepburn at Mactavish.

  • Digital Nomads: Key Considerations For Global Businesses

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    As employers and employees embrace remote, location-independent work arrangements enabled by technology, they must be mindful of the employment law and tax consequences such arrangements may trigger, say Hannah Wilkins and Audrey Elliott at Eversheds Sutherland.

  • New License Eases Sanctioned Clients' Legal Fee Payments

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    The general license recently issued by the U.K. Office of Financial Sanctions Implementation permitting the payment of legal fees owed by a sanctioned company or individual will potentially reduce the agency's backlog and is welcome news for both lawyers and OFSI staff, say Zulfi Meerza and Syed Rahman at Rahman Ravelli.

  • Preparation Is Key To Businesses Minimizing Cyber Breaches

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    A recently published report by the U.K. Department for Digital, Culture, Media and Sport on organizational experiences of cybersecurity breaches highlights the importance of having breach response policies in place and being able to demonstrate that reasonable preventive and risk management steps were taken, says Lawson Caisley at White & Case.

  • UK Policyholders Can Expect Better COVID Claims Handling

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    The U.K. Financial Conduct Authority recently outlined some best practices for COVID-19 business interruption claims handling, which, along with recent High Court of Justice decisions, will likely lead to faster claims handling and clearer insurer communication, say Gurpreet Sanghera and Charlie Edwards at Simkins.

  • A Recovery Option For Lenders With Planes Stuck In Russia

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    For aircraft lessors considering insurance coverage litigation to recover for losses of equipment leased to Russian airlines, negotiating an assignment of rights may provide a faster pathway to recovery, say David Klein and Jose Lua-Valencia at Pillsbury.

  • Series

    My Favorite Law Prof: How I Learned To Argue Open-Mindedly

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    Queens College President Frank Wu reflects on how Yale Kamisar’s teaching and guidance at the University of Michigan Law School emphasized a capacity to engage with alternative worldviews and the importance of the ability to argue for both sides of a debate.

  • 4 Key Skills For An Effective Attorney Coaching Conversation

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    As BigLaw firms are increasingly offering internal coaching as one of many talent strategies to stem ongoing lawyer attrition, Stacey Schwartz at Katten discusses how coaches can help attorneys achieve their goals.

  • New Clarity On Directors' Creditor Duty In Insolvency Context

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    The recent case of BTI 2014 v. Sequana, the first to consider the creditor duty at U.K. Supreme Court level, provides directors and insolvency practitioners with significant guidance on how close to insolvency the company needs to be for the creditor duty to be engaged, say attorneys at Shearman.

  • FCA Pension Scheme Case Highlights Issues Ripe For Reform

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    The Financial Conduct Authority's response to the British Steel Pension Scheme case exposed wider issues within its regulatory approach and could demonstrate the need for industrywide reforms to minimize the risks with transferring out of a pension scheme, say Oliver Reece and Larisa Gordan at PwC.

  • What An Organization Can Do To Protect Its Supply Chains

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    In light of recent world events, supply chain issues have never been more critical for business, and to protect the commercial viability of their contracts, organizations should address performance concerns in good time, with a workable strategy in place should the chain break down, says Laura Heeley at Eversheds Sutherland.

  • German Draft Bill Reflects Trend Toward New Antitrust Tools

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    A recently proposed amendment to the German Act against Restraints on Competition continues the trend in Europe to equip authorities with greater powers, shifting from a more traditional approach to a more extensive market protection tool, say attorneys at Gibson Dunn.

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