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Insurance UK
Insurance Law360 UK provides breaking news and analysis on the insurance industry. Coverage includes U.K. and European Union regulation, legislation, enforcement, and litigation involving insurance companies, underwriters, reinsurers, and brokers.
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Latest News in Insurance UK
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May 17, 2024
Pensioners Lose £80M In Credit Over Submission Errors
The Department for Work and Pensions has said that retirees lost out on £80 million ($102 million) in payments to help top up their weekly income to a minimum level because they submitted inaccurate information about themselves in the last financial year.
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May 17, 2024
Insurers Seek Exclusion From EU Late Payment Rules
European insurers have called for their exclusion from the Late Payment Regulation proposed by the European Commission that would fix a single shorter payment period, warning that it ignores how insurance works.
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May 17, 2024
FCA Sets Out Consumer Duty Priorities For Closed Products
The Financial Conduct Authority has sent "Dear CEO" letters to multiple financial service firms, setting out its priorities for the July deadline to apply the Consumer Duty guidelines to closed-off products such as old savings accounts or insurance policies.
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May 17, 2024
ABN Amro To Sell Stake In Life Insurance JV Neuflize Vie
BN Amro Bank NV said Friday that its Neuflize OBC French private bank branch has entered "exclusive negotiations" to sell the unit to the insurance subsidiary of BNP Paribas SA to form a strategic partnership in life insurance in France.
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May 17, 2024
Asset Manager Alpha Growth To Buy Insurance Manager
British wealth manager Alpha Growth PLC said Friday that it will buy Guernsey-based insurance management company Jeometri for £450,000 ($569,000) to help it grow its insurance offering across the U.K.
Areas of Coverage
- LITIGATION
- Litigation involving insurance companies or executives
- Disputes over commercial, directors and officers, management, and professional liability insurance policies
- Lawsuits over coverage for business interruption losses, natural disasters, and environmental contamination claims
- Appellate rulings on insurance coverage disputes
- Mass actions over deceptive and unfair trade practices, modal premium rates, and vanishing premiums
- Financial List cases involving insurance products
- Cases in Bermuda or other Commonwealth jurisdiction courts that affect U.K. companies
- Reinsurance arbitration
- AGENCIES
- Financial Conduct Authority
- Bank of England
- Prudential Regulation Authority
- European Commission
- European Insurance and Occupational Pensions Authority
- European Securities and Markets Authority
- European Banking Authority
- POLICY & REGULATION
- U.K. and EU insurance regulation, policy proposals and studies
- U.K. and EU Parliament hearings involving the insurance industry
- Insurance legislation and amendments in the U.K. Parliament and EU Parliament
- Insurance Act
- Solvency II and the Insurance Distribution Directive
- Treaty of Lisbon
- International insurance regulation and legislation
- ENFORCEMENT
- Fraud investigations and actions involving insurance companies
- Kickback, bribery, and corruption cases involving insurance companies or executives
- PROFILES
- Interviews with high-profile attorneys and regulatory officials
- Personnel moves
- Judicial appointments
Readership
- Insurance barristers and solicitors
- Corporate counsel and compliance officers at top British companies
- Executives and attorneys at insurance companies and corporate policyholders
- International insurance attorneys
- Information experts at law firms, agencies, and companies
- Policymakers at U.K. and EU agencies
- Judges and court staff
- Attorney and law firm marketing professionals