/insurance-uk?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Insurance UK Copyright 2025 ¼«ËÙÈü³µ. en-US Mon, 16 Jun 2025 13:06:03 +0000 /insurance-uk/articles/2353586?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353586 Reforms floated by the government to the U.K.'s nascent superfund regime could widen access to the new type of consolidation vehicle to around half of all defined benefit schemes, representing around £600 billion ($816 billion) of assets, a consultancy said Monday. Mon, 16 Jun 2025 12:16:20 +0000 /insurance-uk/articles/2353541?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353541 Just Group PLC said Monday that it has taken on £7 million ($9.5 million) of pension scheme liabilities of insolvent construction company The McGregor Construction (Highlands) Ltd. Pension Plan in a deal guided by CMS. Mon, 16 Jun 2025 11:46:53 +0000 /insurance-uk/articles/2353573?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353573 The Bermudan life insurance arm of Credit Suisse challenged court findings Monday that it owes $607 million in damages to the former prime minister of Georgia, saying his losses were due to fraudulent activity by an employee of its banking arm. Mon, 16 Jun 2025 10:46:48 +0000 /insurance-uk/articles/2353543?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353543 Hymans Robertson has launched a service it said would support smaller pension schemes with around £150 million ($204 million) or less in assets as they look to offload their liabilities to insurers. Mon, 16 Jun 2025 09:48:44 +0000 /insurance-uk/articles/2353591?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353591 The insurance market could see a $200 million loss from the crash of Air India flight AI171, a data analytics firm said Monday, contributing to a hardening in the commercial aviation market. Mon, 16 Jun 2025 09:44:57 +0000 /insurance-uk/articles/2353551?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353551 Asset manager Tikehau Capital said Monday it has launched a private equity fund, covering cybersecurity and defense, with three leading insurers, including Société Générale Assurances. Mon, 16 Jun 2025 08:14:48 +0000 /insurance-uk/articles/2353564?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353564 Insurance giant Marsh McLennan said Monday that it has launched a €1 billion ($1.16 billion) facility to support the construction of data centers across the U.K. and Europe, as governments hope to harness artificial intelligence for economic growth. Mon, 16 Jun 2025 07:31:39 +0000 /insurance-uk/articles/2353557?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353557 DWF LLP said Monday that Nigel Knowles will retire as its chief executive at the start of August, ending a five-year tenure as the firm prepares to enter a new phase of growth under fresh leadership. Fri, 13 Jun 2025 15:59:35 +0000 /insurance-uk/articles/2345307?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2345307 The U.K. Supreme Court's recent denial of appeal ended Spain's decades-long quest to enforce an €855 million arbitral judgment against a London insurer, throwing into stark relief the increasingly complex relationship between arbitral sovereignty, foreign state immunity and the shifting terrain of post-Brexit private international law, says Josep Galvez at 4-5 Gray's Inn. Fri, 13 Jun 2025 13:11:47 +0000 /insurance-uk/articles/2353053?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353053 The European Union's financial markets regulator has released guidance for national watchdogs on how to regulate firms' expanding outsourcing of activities, driven by digitalization. Fri, 13 Jun 2025 12:54:14 +0000 /insurance-uk/articles/2353028?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353028 This past week in London has seen Tottenham Hotspur FC kick off against Manchester United co-owner Ineos Automotive following a soured sponsorship deal, Acer and Nokia clash over patents for video coding technology, and two investors reignite litigation against the founders of an AI exercise bike business that unlawfully pocketed $1.2 million in investments to fund their own lifestyles. Here, ¼«ËÙÈü³µ looks at these and other new claims in the U.K. Fri, 13 Jun 2025 09:04:13 +0000 /insurance-uk/articles/2352579?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2352579 Samsung Fire & Marine Insurance has agreed to snap up a further 21% holding in Canopius Group Ltd., raising its stake in the global reinsurer to 40%. Fri, 13 Jun 2025 08:07:37 +0000 /insurance-uk/articles/2353054?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353054 The Financial Conduct Authority responded Friday to parliamentary calls for more growth-oriented regulation, saying that it is exploring new ways to boost Britain's international competitiveness on top of the steps it has already taken. Fri, 13 Jun 2025 07:22:26 +0000 /insurance-uk/articles/2353046?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2353046 The U.K. government's planned reforms to retirement savings plans is the biggest shakeup to the sector in more than a decade, the boss of The Pensions Regulator has said. Thu, 12 Jun 2025 19:01:28 +0000 /insurance-uk/articles/2352494?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2352494 A cross-party House of Lords committee called Friday on the U.K.'s financial services watchdogs to change their culture of risk-aversion which is preventing them from promoting growth in the economy. Thu, 12 Jun 2025 12:44:39 +0000 /insurance-uk/articles/2352750?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2352750 TATA AIG General Insurance Co. Ltd. is the lead insurer for hull and liability on the Air India flight that crashed just after take off in Ahmedabad, India on Thursday, according to two sources with direct knowledge of the situation. Thu, 12 Jun 2025 12:08:25 +0000 /insurance-uk/articles/2352486?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2352486 Markel Insurance has launched a product it said would help insurance technology companies navigate the "complex landscape" of cyber threats, crime and financial liabilities. Thu, 12 Jun 2025 11:37:02 +0000 /insurance-uk/articles/2352537?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2352537 A London court ruling that major insurers must compensate aircraft lessors for planes seized by Russia will provide useful support for companies seeking repayments for assets stranded in conflict zones with little probability of their return. Thu, 12 Jun 2025 09:32:34 +0000 /insurance-uk/articles/2352457?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2352457 Retirement consultancy Broadstone said Thursday it has bought actuarial service provider ExactVAL to support insurers in carrying out pension transactions. Thu, 12 Jun 2025 08:51:11 +0000 /insurance-uk/articles/2352456?utm_source=rss&utm_medium=rss&utm_campaign=section /insurance-uk/articles/2352456 Just Group, a pensions insurer, revealed on Thursday it has taken on retirement plan liabilities worth £150 million ($204 million) from a program sponsored by publishing giant Reach.