Insurance UK

  • April 07, 2026

    UK Treasury Pressed To Widen Equivalence Regime With EU

    Trade bodies for U.K. and European financial institutions have urged HM Treasury to extend post-Brexit capital rules that allow overseas businesses to operate in Britain when they comply with home regulations.

  • April 07, 2026

    Iran War Could Revive 'Grip Of Peril' Insurance Rule

    Insurers are likely to run again into the thorny question of whether aircraft grounded amid airport closures in the Middle East are already within the "grip of the peril" if leasing companies make claims for damages on canceled policies, lawyers said.

  • April 07, 2026

    City Body Foresees Problems In Gov't Digital ID System

    A trade body for financial institutions raised concerns on Tuesday over how a new national online identity system will work alongside the existing requirement for checks to identify future customers under the money laundering regulations.

  • April 07, 2026

    DWF Joins FCA And PRA Supervision Panels

    The Financial Conduct Authority and the Prudential Regulation Authority have added DWF to their panels that provide oversight of the financial sector, the law firm said Tuesday.

  • April 07, 2026

    ING Ends Russian Unit Sale Amid Doubts On Buyer Approval

    Dutch bank ING Groep NV said Tuesday that it will not sell Russian subsidiary ING Bank (Eurasia) JSC to Global Development JSC as it does not expect the Moscow-based buyer to get regulatory approvals.

  • April 07, 2026

    Pensions Biz Blames Outdated Rules For Transfer Delays

    Electronic pension transfers hit a record 1.7 million in the U.K. in 2025 but "outdated" rules and disparities in processing time could mean months of delay for savers moving their retirement funds, a pensions provider warned Tuesday.

  • April 06, 2026

    Reinsurers Say Arbitrator DQ Bid Should Stay In Federal Court

    Reinsurers are urging a New York federal court not to heed a Farmers unit's request to remand its suit seeking disqualification of an arbitrator from an asbestos coverage fight, arguing the insurer wrongly framed the dispute as an attorney ethics matter.

  • April 02, 2026

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

    The past week in London has seen data giant Sportrader face action from software company Altenar over alleged market abuse, Mexican billionaire Ricardo Pliego sue a man who allegedly defrauded him out of $415 million, and Warner Bros. bring a copyright claim against a YouTuber who leaked set footage of the upcoming Harry Potter series. Here, Law360 looks at these and other new claims in the U.K. 

  • April 02, 2026

    Optio Group To Acquire London-Based Marine MGA

    Managing general agent Optio has agreed to acquire another London-based marine insurance MGA, marking the latest buy for the expanding business in the specialized insurance market.

  • April 02, 2026

    AXA UK & Ireland Hires Lloyds Company Secretary As GC

    AXA UK & Ireland has appointed a new general counsel from Lloyds Banking Group, the insurer said Thursday.

  • April 02, 2026

    Third Of Home Insurance Claims From Accidents, Aviva Says

    Almost a third of all home insurance claims made to Aviva over the past four years were for accidental damage, the insurance giant said Thursday.

  • April 02, 2026

    Insurance Platform Acrisure UK Acquires 4 Firms

    Acrisure UK Broking said Thursday that it has acquired four retail insurance businesses as the global firm's subsidiary in London continues its expansion across Britain.

  • April 02, 2026

    Lloyd's Still Offering Aviation War Cover In Middle East

    Insurers in the London market are still offering war risks cover for aircraft in the Middle East, despite a rising number of attacks by Iran on airports in the region, a trade body has said.

  • April 02, 2026

    Stephenson Harwood Steers £40M Canada Life Pension Buy-In

    Canada Life Ltd. said Thursday that it has completed a £40 million ($53 million) full-scheme buy-in with a pension program at a financial services company, securing the retirement benefits of more than 140 members.

  • April 02, 2026

    Insurance Industry Faces $160B Exposure From Iran War

    The global insurance industry faces potential exposure of up to $160 billion from the conflict in the Middle East, an insurance broker said Thursday.

  • April 01, 2026

    Tyson Can't Get $1.62M Award Hiked In Factory Fire Dispute

    An Irish reinsurer has to pay only a $1.62 million arbitral award issued to Tyson Foods for a fire at a Tyson plant in Alabama, a New York federal court said, ruling against Tyson's request for a $22.5 million payout. 

  • April 01, 2026

    FCA's Palantir Tie-Up May Foreshadow Wider AI Uptake

    The Financial Conduct Authority's decision to open its doors to Palantir could write the script for other agencies to follow as law enforcement and regulators embrace artificial intelligence technology to do more with less, lawyers say.

  • April 01, 2026

    BoE Finds More Finance Firms Challenged By AI

    The Bank of England reported Wednesday a significant rise in industry views that artificial intelligence is the most challenging risk to manage and the most likely to happen as it published its latest survey on protecting the stability of the financial system.

  • April 01, 2026

    Regulator Tells Trustees To Act Now Amid Consolidation Push

    Trustees of smaller pension programs that provide defined contribution benefits must act now to be prepared for forthcoming legislation designed to consolidate plans in the retirement savings market, the pensions watchdog has said.

  • April 01, 2026

    BoE Hands Plan For Safe AI Regulation In 2026 To Chancellor

    The Bank of England set out in a letter to the chancellor on Wednesday the details of a regulatory program to facilitate safe innovation in the artificial intelligence industry.

  • April 01, 2026

    British Business Bank Raises £200M For Venture Capital Fund

    British Business Bank said Wednesday that its venture capital investment vehicle has achieved its first close of £200 million ($266 million) after winning backing from three U.K. pension funds.

  • April 01, 2026

    Japan Post To Take 2.9% Stake In UK Asset Manager

    ​Investment manager Ashmore Group has agreed a partnership with Japan Post Insurance Co. Ltd. in which the insurer would acquire a stake of up to 2.9% in the group and invest $1 billion in its managed emerging market funds.

  • March 31, 2026

    War-Risk Insurers Can Appeal Stranded Russian Planes Ruling

    A group of war-risk insurers can challenge their liability in a multibillion-dollar dispute over hundreds of aircraft stranded in Russia following the invasion of Ukraine, after an appeals court held Tuesday that their appeal had a prospect of success.

  • March 31, 2026

    57% Of Pension Plans Mull Surplus Extraction, L&G Says

    Some 57% of defined benefit pension schemes in the U.K. are considering using surplus extraction amid rising funding levels and forthcoming legislation designed to allow plans to invest billions of pounds tied up in retirement saving plans, Legal & General said Tuesday.

  • March 31, 2026

    Howden To Buy Hymans Robertson Insurance Consulting Unit

    Howden Group Holdings said Tuesday that it has agreed to acquire the insurance and financial services consulting team of Hymans Robertson LLP to create a new actuarial and longevity advisory business for insurers.

Expert Analysis

  • Creditors Welcome UK Supreme Court's Reflective Loss Decision

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    The U.K. Supreme Court's recent Sevilleja v. Marex decision benefits creditors and other stakeholders by excluding their claims from the reflective loss principle, which precludes third-party complaints that merely reflect company loss, say Robert Fidoe and Jack Moulder at Watson Farley.

  • How Courts Are Encouraging Mediation In England And Wales

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    As the judiciary braces for widespread pandemic-driven contractual disputes, courts in England and Wales are showing enthusiastic support for mediation, both when determining the implications of a party's refusal to mediate and when assessing whether normal restrictions on the use of mediation-derived information apply, says Leah Alpren-Waterman at Watson Farley.

  • Opinion

    EU Class Action Policy Guided By Wrong Measure Of Success

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    The political agreement obtained last month on the first European Union-wide rules on collective redress illustrates the fact that the main goal of the authorities is to increase the number of class action claims rather than focus on the application of standard civil liability principles, says Sylvie Gallage-Alwis at Signature Litigation.

  • An Attractive Regime For Governing Jurisdiction Post-Brexit

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    As indicated by the U.K.'s recent application to join the Lugano Convention, this is an "oven-ready" option for the U.K. for governing questions of jurisdiction and the enforcement of judgments with European Union countries after Brexit — but not without important differences from the current regime, say attorneys at Latham.

  • Reinsurance Implications Of COVID-19 Biz Interruption Laws

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    In light of legislative and public pressure in the U.S. and U.K. on insurers to cover business interruption losses related to COVID-19, reinsurers will face new questions regarding their obligation to cover claim payments, say Robin Dusek at Saul Ewing and Susie Wakefield at Shoosmiths.

  • UK Appellate Rulings Clarify Arbitral Choice Of Law

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    Two recent U.K. Court of Appeal decisions have changed the operation of the choice-of-law test for arbitration — a resolution as significant as changing the test itself because it affects the implied choices of the contracting parties, say attorneys at Squire Patton.

  • Post-Pandemic Litigation To Expect In England And Wales

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    Globally, we are already starting to see insolvency-related claims and a number of insurance, breach of ‎contract, employment and securities class actions across numerous sectors. These and other claims will likely increase for U.K. businesses, say Tracey Dovaston and Fiona Huntriss at Boies Schiller.

  • UK Lawyers Can Adapt Due Diligence To Screen New Clients

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    As COVID-19-related fraud gains pace, U.K.-based practitioners should help combat money laundering by using alternative methods to verify that new clients are who they say they are, says Christopher Convey, a barrister at 33 Chancery Lane and chair of the Bar Council's Money Laundering Working Group.

  • A UK Business View Of COVID-19's Economic Fallout

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    Covington attorneys Alex Leitch and Harry Denlegh-Maxwell provide a bird's-eye view of how U.K. businesses will navigate the legal and economic aftermath of the pandemic, including discussion of where litigation funding, class actions, insurance disputes and force majeure fit it.

  • Remote Depositions Bring Ethics Considerations For Lawyers

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    Utilizing virtual litigation technologies and participating in remote depositions require attorneys to beware of inadvertently violating their ethical obligations, including the principal duty to provide competent representation, say attorneys at Troutman Sanders.

  • Time For Presumptive Virtual Mediation In The UK

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    While the COVID-19 outbreak is a real-time test of the U.K. justice system’s adaptability and innovation, it is also an opportunity to deliver alternative dispute resolution through virtual technology — and there are two ways in which this could be achieved, says Suzanne Rab at Serle Court.

  • UK 'Property' Classification Boosts Confidence In Bitcoin

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    In AA v. Persons Unknown, the English High Court classified bitcoins as property that can be the subject of proprietary injunctions, indicating the slow but growing acceptance of virtual currencies within the U.K., say Steven De Lara and Colin Grech at Signature Litigation.

  • 3 EU And UK Data Protection Tips During COVID-19

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    Though EU and U.K. data protection laws should not impede the fight against COVID-19, companies must continue to protect individuals' data, and the challenges of managing a remote workforce and the desire for information about the virus’s impact have significant implications for that responsibility, say attorneys at Debevoise.

  • Novolex Case Brings Lessons On R&W Insurance

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    A New York state court dispute between Novolex and a few of its insurers concerning coverage under a representations and warranties policy for a $267 million loss offers a rare glimpse into how a court might interpret acquisition agreements and insurance policy provisions, say attorneys at Hunton.

  • How Proposed EU Class Action Directive Could Affect Insurers

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    Insurers should beware the explosive potential of the EU's proposed directive providing for cross-border class actions and third-party funding for such actions, although it also bears strict requirements that will limit the number of cases, say Emmanuèle Lutfalla and Simon Fitzpatrick at Signature Litigation.

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