Insurance UK

  • April 15, 2026

    Targeted Support Drives 53% Jump In First-Time Investing

    A financial services trade body found Wednesday in research sponsored by Barclays, Lloyds Banking Group and Vanguard that people who have never invested are willing to invest up to 53% more after receiving targeted support.

  • April 15, 2026

    Collapsed Pensions Biz Misused Clients' Money, FCA Says

    The financial services watchdog said Wednesday that an individual involved in a pensions business withdrew its customers' money without consent and invested it for their own benefit.

  • April 15, 2026

    AI Reshaping Cyber Insurance Risk, Report Warns

    Rapid advances in artificial intelligence are increasing the speed, scale and coordination of cyberattacks and introducing new risks for insurers, according to a report by a risk analytics platform.

  • April 15, 2026

    Pension Funding Drops £9.9B Over Middle East Conflict

    Economic shocks from the war in the Middle East wiped £9.9 billion ($13.4 billion) from the funding surpluses of U.K. pension plans in March, the compensation program for the sector has said.

  • April 15, 2026

    Lloyd's Body Calls For Further FCA Rules Shake-Up

    The Financial Conduct Authority should go further in cutting back red tape for the London insurance market, a trade body said Wednesday as it called for a new rules framework for international business written in the English capital.

  • April 15, 2026

    Plane Lessor, Reinsurer Settle $23M Claim Over Jet In Russia

    An aircraft lessor and a reinsurer have reached a settlement to pause part of a multimillion-dollar dispute over a plane stranded in Russia after the invasion of Ukraine, while the wider case continues.

  • April 15, 2026

    Freshfields-Led Standard Life To Buy Aegon UK For £2B

    Standard Life PLC said Wednesday that it will buy the British subsidiary of Dutch insurer Aegon for £2 billion ($2.7 billion) in cash and stock to create a major U.K. retirement savings and income business.

  • April 14, 2026

    Mortgage Broker Acquires Homebuying Platform In £1.4M Deal

    Mortgage Advice Bureau Holdings PLC said Tuesday that it has purchased HomeOwners Alliance, a homebuyers guidance platform, in a deal worth at least £1.4 million ($1.9 million) that it expects will boost the range of its services.

  • April 14, 2026

    Insurers Face Mounting Backlog Of Pension Buyouts

    Insurers are facing a growing backlog of pension plans seeking to wind up and close amid an expected surge in such transactions this year, a professional services company said Tuesday.

  • April 14, 2026

    EU Natural Catastrophe Scheme 'Could Close Protection Gap'

    A pooled fund for natural catastrophes in Europe could offer stability to insurers in the region and close the protection gap for homes and businesses, a ratings agency said Tuesday.

  • April 14, 2026

    AI Use 'Now Universal' Across UK Pensions Industry

    The U.K. pensions industry has now fully adopted artificial intelligence, marking a sharp rise from already high usage levels a year earlier, according to a new survey by the Society of Pension Professionals.

  • April 14, 2026

    FCA Sets Out Open Finance Push To Widen Consumer Choice

    The Financial Conduct Authority set out on Tuesday a program for developing open finance to give consumers and businesses greater control over their financial data in a move to help them secure better deals.

  • April 13, 2026

    House Of Fraser Left Bruised After TM Clash With Property Biz

    House of Fraser has lost swaths of its brand protections in the U.K. following a "Frasers" trademark clash with a Singaporean property firm of the same name.

  • April 13, 2026

    Chair Of EU Insurance Watchdog Gets 2nd Five-Year Term

    The Council of the European Union has reappointed Petra Hielkema as chair of the European Insurance and Occupational Pensions Authority for a second five-year term starting Sept. 1.

  • April 13, 2026

    Perella Weinberg To Buy London Advisory Boutique

    Perella Weinberg Partners LP said Monday that it has agreed to acquire London-based advisory firm Gleacher Shacklock LLP as the U.S. bank seeks to widen its footprint in the U.K. and strengthen its cross-border dealmaking abilities.

  • April 13, 2026

    Saba Capital Welcomes Rebuff Of Edinburgh Trust Exit Offer

    Saba Capital Management LP, the largest shareholder in Edinburgh Worldwide Investment Trust, has welcomed the rejection by the trust's shareholders of a proposed tender offer, saying Monday that the offer was "deeply flawed."

  • April 13, 2026

    Reinsurer Pool Re Launches Terrorism Cover Plan For SMEs

    The U.K.'s state-backed reinsurer said Monday it has started a program designed to encourage small and midsized businesses to take up terrorism cover.

  • April 13, 2026

    Longevity Insurance Deals Set To Rise, Broker Aon Says

    The longevity insurance market is likely to experience an increase in demand this year as a result of pension reforms and changes in mortality rates, a broker said Monday.

  • April 10, 2026

    Tax Deal Coverage Row Must Precede Tort Claims, Judge Says

    A Georgia federal judge won't allow a conservation easement entity to litigate tort claims against its insurance broker while arbitrating a dispute with its insurer over coverage for an IRS settlement, ruling that those claims could only be sorted out after an initial coverage determination.

  • April 10, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen the owner of an oil tanker stuck in the Strait of Hormuz sued by an energy company and an insurer, law firm Boodle Hatfield LLP and two Serle Court barristers sued by a group of Winston Churchill's great-grandchildren, and Welsh Water hit with a fresh class action over polluted rivers.

  • April 10, 2026

    COVID Insurance Claims Near Endgame As Deadline Looms

    An approaching deadline for new claims for COVID-19 business interruption has prompted a series of last-minute court filings, but lawyers say that any fresh disputes will be narrow and likely to focus on complex questions not resolved by earlier test cases.

  • April 10, 2026

    FCA Warns Asset Managers On Conflicts, Consumer Duty

    The Financial Conduct Authority has warned that some applicants for authorization as asset managers are failing to manage conflicts of interest or to demonstrate they adequately apply its Consumer Duty regime.

  • April 10, 2026

    Catastrophe Insurance Pool For Bloc Proposed By EU Bodies

    The European Union should create a bloc-wide insurance pool and emergency lending backstop worth up to €65 billion ($76 billion) to protect households, businesses and governments from rising losses caused by natural disasters, two EU bodies have said.

  • April 10, 2026

    Middle East Conflict Reverses Gains In Pension Plan Funding

    Funding levels for defined benefit pension plans fell in March as heightened market volatility linked to conflict in the Middle East reversed gains made earlier in 2026, a financial services consultancy said Friday.

  • April 10, 2026

    Slovenian Bank Makes Rival €566M Bid For Austria's Addiko

    Slovenian lender NLB Group has begun a bidding war for Addiko, an Austrian banking group, after proposing a €566 million ($663 million) takeover bid a day after a rival €449 million approach from Austria's Raiffeisen Bank.

Expert Analysis

  • Creditors Welcome UK Supreme Court's Reflective Loss Decision

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    The U.K. Supreme Court's recent Sevilleja v. Marex decision benefits creditors and other stakeholders by excluding their claims from the reflective loss principle, which precludes third-party complaints that merely reflect company loss, say Robert Fidoe and Jack Moulder at Watson Farley.

  • How Courts Are Encouraging Mediation In England And Wales

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    As the judiciary braces for widespread pandemic-driven contractual disputes, courts in England and Wales are showing enthusiastic support for mediation, both when determining the implications of a party's refusal to mediate and when assessing whether normal restrictions on the use of mediation-derived information apply, says Leah Alpren-Waterman at Watson Farley.

  • Opinion

    EU Class Action Policy Guided By Wrong Measure Of Success

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    The political agreement obtained last month on the first European Union-wide rules on collective redress illustrates the fact that the main goal of the authorities is to increase the number of class action claims rather than focus on the application of standard civil liability principles, says Sylvie Gallage-Alwis at Signature Litigation.

  • An Attractive Regime For Governing Jurisdiction Post-Brexit

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    As indicated by the U.K.'s recent application to join the Lugano Convention, this is an "oven-ready" option for the U.K. for governing questions of jurisdiction and the enforcement of judgments with European Union countries after Brexit — but not without important differences from the current regime, say attorneys at Latham.

  • Reinsurance Implications Of COVID-19 Biz Interruption Laws

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    In light of legislative and public pressure in the U.S. and U.K. on insurers to cover business interruption losses related to COVID-19, reinsurers will face new questions regarding their obligation to cover claim payments, say Robin Dusek at Saul Ewing and Susie Wakefield at Shoosmiths.

  • UK Appellate Rulings Clarify Arbitral Choice Of Law

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    Two recent U.K. Court of Appeal decisions have changed the operation of the choice-of-law test for arbitration — a resolution as significant as changing the test itself because it affects the implied choices of the contracting parties, say attorneys at Squire Patton.

  • Post-Pandemic Litigation To Expect In England And Wales

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    Globally, we are already starting to see insolvency-related claims and a number of insurance, breach of ‎contract, employment and securities class actions across numerous sectors. These and other claims will likely increase for U.K. businesses, say Tracey Dovaston and Fiona Huntriss at Boies Schiller.

  • UK Lawyers Can Adapt Due Diligence To Screen New Clients

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    As COVID-19-related fraud gains pace, U.K.-based practitioners should help combat money laundering by using alternative methods to verify that new clients are who they say they are, says Christopher Convey, a barrister at 33 Chancery Lane and chair of the Bar Council's Money Laundering Working Group.

  • A UK Business View Of COVID-19's Economic Fallout

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    Covington attorneys Alex Leitch and Harry Denlegh-Maxwell provide a bird's-eye view of how U.K. businesses will navigate the legal and economic aftermath of the pandemic, including discussion of where litigation funding, class actions, insurance disputes and force majeure fit it.

  • Remote Depositions Bring Ethics Considerations For Lawyers

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    Utilizing virtual litigation technologies and participating in remote depositions require attorneys to beware of inadvertently violating their ethical obligations, including the principal duty to provide competent representation, say attorneys at Troutman Sanders.

  • Time For Presumptive Virtual Mediation In The UK

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    While the COVID-19 outbreak is a real-time test of the U.K. justice system’s adaptability and innovation, it is also an opportunity to deliver alternative dispute resolution through virtual technology — and there are two ways in which this could be achieved, says Suzanne Rab at Serle Court.

  • UK 'Property' Classification Boosts Confidence In Bitcoin

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    In AA v. Persons Unknown, the English High Court classified bitcoins as property that can be the subject of proprietary injunctions, indicating the slow but growing acceptance of virtual currencies within the U.K., say Steven De Lara and Colin Grech at Signature Litigation.

  • 3 EU And UK Data Protection Tips During COVID-19

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    Though EU and U.K. data protection laws should not impede the fight against COVID-19, companies must continue to protect individuals' data, and the challenges of managing a remote workforce and the desire for information about the virus’s impact have significant implications for that responsibility, say attorneys at Debevoise.

  • Novolex Case Brings Lessons On R&W Insurance

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    A New York state court dispute between Novolex and a few of its insurers concerning coverage under a representations and warranties policy for a $267 million loss offers a rare glimpse into how a court might interpret acquisition agreements and insurance policy provisions, say attorneys at Hunton.

  • How Proposed EU Class Action Directive Could Affect Insurers

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    Insurers should beware the explosive potential of the EU's proposed directive providing for cross-border class actions and third-party funding for such actions, although it also bears strict requirements that will limit the number of cases, say Emmanuèle Lutfalla and Simon Fitzpatrick at Signature Litigation.

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