Insurance UK

  • June 25, 2026

    Fieldfisher, Burges Salmon Steer 'Landmark' Pension Deal

    James Neill Pension Plan has penned a "landmark" capital-backed investment deal with Portunes Pension Capital, marking only the second such transaction in Britain's retirement savings market, legal advisers on the deal have said.

  • June 25, 2026

    Enforcement Subjects Are Engaging Sooner, BoE Official Says

    A Bank of England official has said that a number of investigation subjects are engaging with the central bank earlier in a "sea change" in how some enforcement cases are being approached.

  • June 25, 2026

    Kennedys Rehires Aviation Insurance Pro From Clyde & Co.

    An aviation insurance specialist has rejoined Kennedys as a partner in London, bolstering its aviation practice as the firm continues its international expansion.

  • June 25, 2026

    Pensions Watchdog Urged To Simplify Funding Reporting

    The U.K. pensions regulator should consider simplifying the reporting requirements for retirement funds, a trade body has said.

  • June 25, 2026

    BoE Floats Role For AI Agents In New Retail Payments System

    The Bank of England set out proposals Thursday for the next-generation retail payments infrastructure, which would enable artificial intelligence agents to make payments decisions and complete transactions as well as police the system.

  • June 25, 2026

    ArentFox Schiff Advises BP Marsh On $5M Investment

    B.P. Marsh & Partners PLC said Thursday that it has agreed to put $5.1 million into Autonomy, a new investment vehicle that aims to back independent U.S. insurance distribution businesses.

  • June 25, 2026

    Eversheds Steers £35M Pension Deal For UK Architect Body

    The Royal Institute of British Architects has completed a retirement savings plan's buy-in worth £35 million ($46 million) with Pension Insurance Corp. PLC to secure the retirement benefits of 168 members, PIC said Thursday.

  • June 25, 2026

    EU Council Backs Bloc-Wide Pension Product Reforms

    The Council of the European Union has finalized its position on reforms designed to make the pan-European personal pension more accessible for savers and remove provisions that have affected wider adoption of the product since it was launched in 2019.

  • June 24, 2026

    UK Gov't Plans 22% Charge On Stock Interest Held In ISAs

    The Labour government is planning a 22% charge on interest gained on stocks and shares in individual savings accounts as part of overhauling rules for these tax-free saving options widely used to save for buying homes, Britain's tax authority said.

  • June 24, 2026

    Insurance Bodies Promise Fix For Delayed Surveyor Payments

    A group of insurance trade bodies said Wednesday that they will provide a fix for long-standing delays in paying risk assessors, amid fears that independent experts could abandon the market.

  • June 24, 2026

    Insurer Allianz Warns Of Rising Threats To Global Shipping

    Ships and cargo stuck in the Persian Gulf because of the Iran war are worth an estimated $125 billion, an insurer said on Wednesday, as it warned that the disruption highlights a new era of vulnerability for global trade.

  • June 24, 2026

    Finance Body Calls For More Regulatory Equivalence With EU

    UK Finance has called for greater regulatory equivalence as part of a stronger financial services partnership between the U.K. and European Union ahead of their annual leaders' summit in Brussels on July 22.

  • 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.

Expert Analysis

  • How FCA's Client Reforms May Boost Investment Access

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    The Financial Conduct Authority’s recent proposals to reform the professional client categorization regime and simplify conflicts of interest rules are likely to be welcomed, although firms will need to navigate the increased responsibility that comes with greater flexibility, say lawyers at Skadden.

  • Consolidation Of Lloyd's Bylaws Will Be Useful For Members

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    Lloyd’s of London’s recent consolidation of its bylaws will make the rules governing its market more accessible, providing immediate results as well as the necessarily flexible framework to address the future needs of its participants, say lawyers at Skadden.

  • 4 Securities Trends For Pension Trustees To Watch In 2026

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    With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.

  • 10 Financial Regulatory Changes To Prepare For In 2026

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    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

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    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

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    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • How Russia Sanctions Trajectory Is Affecting UK Legal Sector

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    The proliferation of U.K. and European Union sanctions targeting Russia has led to a vast increase in legislative provisions, and lawyers advising affected businesses should expect a complex and evolving legal landscape for the foreseeable future, says Rob Dalling at Jenner & Block.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

  • What To Know About FCA's Short Selling Regime Proposals

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    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

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    The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.

  • FCA Proposals Reduce Consumer Duty Compliance Burden

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    The Financial Conduct Authority’s recent proposals to streamline the consumer duty regime represent a pragmatic response to industry concerns, with a move toward sector-specific supervision and potentially narrowing its scope for wholesale and cross-border business, say lawyers at Simmons & Simmons.

  • How New Companies House ID Rules Affect Businesses

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    Lawyers at Shepherd & Wedderburn discuss the Economic Crime and Corporate Transparency Act’s new mandatory identity verification requirements for all company directors and persons with significant control, set to go live next week, which aim to curb fraud by improving the reliability of information held by Companies House.

  • What EU Securitization Proposals Signal For Risk Transfers

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    If implemented, recent amendments to the European Union securitization framework are expected to have an unambiguously positive effect on significant risk transfer markets, providing greater consistency and necessary flexibility, say lawyers at McDermott.

  • What To Know About EU's Reimposition Of Sanctions On Iran

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    Lawyers at Steptoe discuss the European Union’s recent reimposition of trade and financial sanctions against Iran, which will introduce legal and operational constraints that affect EU companies' commercial activities in the region.

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