Insurance UK

  • 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.

  • June 18, 2026

    Broking Group Investor Buys Majority Share In £9M UK Broker

    The Broker Investment Group has said it acquired a majority stake in Scott Blain Insurance Consultants Ltd., which has gross written premiums of around £9 million ($12 million), in its third transaction of the year.

  • June 18, 2026

    MPs Press Cabinet Office On Civil Service Pension Delays

    A parliamentary committee has said that the government should hit contractor Capita PLC with heavy fines if it misses agreed-upon deadlines for fixing the ongoing crisis at the Civil Service Pension Scheme.

  • June 18, 2026

    FCA Turns To Early Action As AI Speeds Financial Crime

    The financial regulator has said that it is increasingly using supervisory powers and early intervention to prevent harm before launching formal investigations as technological advances and AI accelerate financial crime.

  • June 18, 2026

    Aviva Gets FCA Approval For Targeted Support Regime

    The Financial Conduct Authority has given Aviva regulatory approval to provide simplified advice to its customers under the regulator's new targeted support regime.

  • June 18, 2026

    Lloyd's Body Calls For Clarity On Iran Sanctions Change

    A trade body for Lloyd's of London insurers called on Thursday for more clarity on how updated sanctions on Iran will work under an international peace deal.

Expert Analysis

  • 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.

  • FCA Crypto Proposals Herald Tougher Oversight For Firms

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    The Financial Conduct Authority’s recent proposals to extend regulation to crypto-asset activities will bring parity, but implementation of the operational resilience requirements and enhanced financial crime controls will present compliance challenges, says Michelle Kirschner at Gibson Dunn.

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