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Insurance UK
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June 25, 2025
Geopolitical Instability Tops Aviation Insurers' Concerns
The threat of further geopolitical instability is the biggest headache that aviation insurers anticipate over the next five years, according to a survey published Wednesday.
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June 24, 2025
UK Insurers Back Gov't Plan For Long-Term Growth
The Association of British Insurers has publicly backed the government's decade-long industrial strategy designed to promote business investment and growth in the U.K.
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June 24, 2025
Groups Urge EU To Trim Sustainable Finance Reporting Rules
Top global financial services industry trade bodies have urged European lawmakers in its review of the Sustainable Finance Disclosure Regulation to cut duplication with other sustainability reporting rules and reflect derivatives more clearly.
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June 24, 2025
Gateley Denies Housing Developer's Negligence Claim
Gateley PLC has denied that a law firm it acquired gave negligent advice to a housing developer during the purchase of two sites in southeast England and said that alleged legal restrictions on the land have not rendered the plots unprofitable.
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June 24, 2025
Insurers Hike Marine Premiums Due To Iran-Israel War
Insurers have hiked premiums for ships traveling in the waters around the Middle East amid the risk of insurance industry losses stemming from the Iran-Israel war, according to an analyst's report published Tuesday.
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June 24, 2025
Treasury Official Tapped As Interim Pensions Regulator Chair
The government has revealed Civil Service veteran Kirstin Baker as the next interim chair of Britain's retirement savings watchdog.
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June 24, 2025
Danish Pensions Fintech Biz Expands Into UK Market
Festina Finance, a Danish financial technology company, said it has begun fully operating its retirement savings platform for administrators of British pension plans.
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June 23, 2025
EU Fund Managers Could See Simplified Data Reporting
The European Union's financial watchdog on Monday released proposals to simplify how asset managers report data to regulators.
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June 23, 2025
Campaigners Agree Cost Cap In State Pension Redress Row
Campaigners said Monday they have agreed to cap legal costs with the Department for Work and Pensions in their fight against the government's decision not to pay compensation for historic failures around women's state pensions.
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June 23, 2025
LCP Hits Milestone With Pensions Dashboard Connection
Consultancy Lane Clark & Peacock LLP has connected its first pensions administration manager to the government's private sector pensions dashboard, providing savers with access to their financial retirement information.
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June 23, 2025
Aviva Pushes Investment In Nature-Based Flood Solutions
Insurance giant Aviva said on Monday its backing of a low-cost project to increase resilience to flooding in Norfolk is paying off, with impact analysis showing homes have been protected effectively.
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June 23, 2025
Squire Patton Steers Just's £67M Pension Deal For 2 Plans
Pension insurer Just Group said Monday it has penned a £67 million ($90 million) retirement savings deal for two plans, guided by law firm Squire Patton Boggs LLP.
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June 20, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Pogust Goodhead face legal action from mining giant BHP Group, Trainline bring a procurement claim against the Department for Transport, Sworders auction house sue Conservative peer Patricia Rawlings, and Nokia hit with a patents claim by Hisense. Here, ¼«ËÙÈü³µ looks at these and other new claims in the U.K.
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June 20, 2025
FCA's Crypto Ban Reversal Unleashes Consumer Harm Risk
The Financial Conduct Authority's proposed reversal of its ban on crypto exchange-traded notes for retail investors has paved the way for immeasurable consumer harm, U.K. and U.S. lawyers have warned.
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June 20, 2025
EU Body Issues Warning On Anti-Greenwashing Regulation
The European Union's markets regulator warned Friday that national authorities across the economic bloc will approach enforcement of anti-greenwashing reporting standards in different ways in an online statement.
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June 20, 2025
EU Insurers Defend Use Of Funded Reinsurance
A trade body for European insurers defended the increasing use of cross-border reinsurance deals, as regulators weigh potential systemic risks if such arrangements were to fail. Â
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June 20, 2025
European Funds Call For More Competitive Tokenization Rules
The trade body for European fund managers called Friday for harmonization of the fragmented rules on tokenization across member states in a regulatory reform strategy to stay ahead of competitors like Singapore and Switzerland.
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June 20, 2025
Insurance M&A Likely To Withstand Challenges, Adviser Says
Dealmaking in the insurance broking sector will likely withstand the current rising economic uncertainty, an official at corporate finance advisory MarshBerry cautioned Friday.
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June 20, 2025
Gov't Pulls Funding For Pensions Anti-Fraud Unit
The government has stopped long-term funding for a specialist anti-fraud unit that has helped to claw back millions of pounds in redress for victims of pension dishonesty, the head of the sector's arbitration body said.
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June 19, 2025
Allianz To Ax 650 UK Insurance Jobs Amid Decline In Claims
Allianz confirmed on Thursday that it would be cutting 650 jobs across its U.K.-based insurance businesses because of what it called changing customer behavior and fewer claims.
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June 19, 2025
Clear Group Expands UK Reach With Insurance Broker Buy
Insurance broker Clear Group said Thursday that it has acquired CR Toogood & Co. Ltd., a commercial insurance broker based in the southeast of England, as the group strengthens its footprint in the region.
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June 19, 2025
AmTrust Wins Disclosure Appeal In £56M Claim-Funding Clash
A London appeals court said Thursday that AmTrust should be able to see another insurer's communications with two law firms amid a £56 million ($75 million) battle over who should cover the costs of a failed litigation-funding scheme.
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June 19, 2025
Private Schools Face Tough Choices On Teachers' Pensions
Independent schools in the U.K. should weigh whether the "generous" benefits of the Teachers' Pension Scheme risk redundancies and pay cuts, a financial consultancy warned on Thursday.
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June 19, 2025
Trend Toward 'Mega-Insurers' Pushing Premiums Down
Insurers are likely to continue to cut motor insurance premium rates out of fear of losing market share to new "mega-insurers," according to a report published Thursday.
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June 19, 2025
Pension Trustees Told To Act Now On Incoming Reforms
Pension plan trustees should act now to ensure they are prepared for recently announced reforms that will "fundamentally reshape" the market, according to Britain's retirement savings watchdog.
Expert Analysis
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The Art Of Corporate Apologies: Crafting An Effective Strategy
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.
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Dissecting Recent Developments Against The Misuse Of NDAs
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.
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What To Know About The Russia-Stranded Plane Ruling
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.
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3 Notable Pensions Reforms In Spring Budget
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.
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UK Arbitration Ruling Offers Tips On Quelling Bias Concerns
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.
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Bias Ruling Offers Guidance On Disqualifying Arbitrators
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.
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Insurance Policy Takeaways From UK Lockdown Loss Ruling
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.
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What COVID Payout Ruling Means For Lockdown Loss Claims
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.
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Spartan Arbitration Tactics Against Well-Funded Opponents
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.
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Top Court Hire Car Ruling Affects 3rd-Party Negligence Cases
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.
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Unpacking The Building Safety Act's Industry Overhaul
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.
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A Rare Look At Judicial Interpretation Of LEG Exclusions
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.
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Ruling In FCA Case Offers Tips On Flexible Work Requests
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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Breaking Down The New UK Pension Funding Regs
Recently published U.K. pension regulations, proposing major changes to funding and investing in defined benefit pension schemes, raise implementation considerations for trustees, including the importance of the employer covenant, say Charles Magoffin and Elizabeth Bullock at Freshfields.
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Decoding UK Case Law On Anti-Suit Injunctions
The English High Court's forthcoming decision on an anti-suit injunction filed in Augusta Energy v. Top Oil last month will provide useful guidance on application grounds for practitioners, but, pending that ruling, other recent decisions offer key considerations when making or resisting claims when there is an exclusive jurisdiction clause in the contract, says Abigail Healey at Quillon Law.