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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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November 26, 2020
Insurers Hit Back In $23M Lawsuit Over Scrapped Ships
A group of 12 insurance underwriters including Axis, Munich Re and Tokio Marine have told a London court that a finance company was fully aware that a fleet of ships was likely to be scrapped as they hit back in a $23.7 million claim.
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November 26, 2020
Aviva Lowers Expected COVID-19 Impact To £100M
Insurance giant Aviva PLC said on Thursday that it expects to take a £100 million ($130 million) hit from claims linked to COVID-19 during the course of the pandemic, lower than the £165 million estimate it published earlier this year.
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November 26, 2020
Audit Watchdog Warns Of 'Box-Ticking' Governance Reports
The Financial Reporting Council on Thursday called on businesses to provide "meaningful explanations" about their shareholders and operating systems after it found that many companies are leaving out crucial details in their corporate governance reports.
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November 26, 2020
Lloyd's Wins Court Approval Of Contract Transfers For Brexit
Lloyd's of London said it has been granted approval by a court in London to transfer a book of European insurance business to its new hub in Belgium, as the market gears up for the end of the Brexit regulatory transition period.
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November 26, 2020
OECD To Deliver Cryptoasset Reporting Standard In 2021
The Organisation for Economic Cooperation and Development will probably complete an information standard on crypto-assets next year, the top tax official for the 37-nation standards setter told Law360 Thursday.
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