Insurance UK

  • June 11, 2026

    MFS Auditors Probed Following Mortgage Lender's Collapse

    The U.K.'s accounting watchdog opened an investigation on Thursday into the conduct of individuals and firms involved in auditing the books of failed mortgage lender Market Financial Solutions, whose collapse has sparked allegations of a £1.3 billion ($1.7 billion) fraud.

  • June 10, 2026

    Insurer Rivalry Behind 'Unprecedented' Pension Deal Prices

    Intense competition between insurance companies is helping U.K.-based defined benefit pension plans achieve "unprecedented" retirement deal pricing, Lane Clark & Peacock has said.

  • June 10, 2026

    Industry Throws Support Behind Pension Scam Rule Fix

    The government's plan to strip back controversial pension scam rules will solve some of the biggest issues faced by Britons when transferring long-term savings, lawyers have said.

  • June 10, 2026

    Howden Sues Ex-Power Chief For Diverting Clients To BMS 

    Howden has accused its former head of power of colluding with rival BMS Group to poach the bulk of his client book after relations with a key broker soured over the insurer's expansion into the U.S. retail market. 

  • June 10, 2026

    UK Government Launches Pension Surplus Release Rules

    The government announced long-awaited rules on Wednesday governing how billions of pounds in pension surpluses can be extracted from well-funded retirement schemes.  

  • June 10, 2026

    Gov't Establishes Group To Build AI Assurance Trust

    The government has launched a group to help strengthen trust in artificial intelligence as part of its broader bid to encourage wider adoption of the new technology.

  • June 09, 2026

    Conglomerate Must End La. Suit In Chubb COVID Feud

    A London judge on Tuesday ordered a Texas conglomerate whose brands include the Golden Nugget hotel and casino chain and the Rainforest Cafe to end litigation in Louisiana in a long-running and bitter dispute with a Chubb unit over coverage for losses that occurred during the height of the COVID-19 pandemic.

  • June 09, 2026

    Pensions Watchdog Urged To Pursue 'Measurable' Goals

    Britain's retirement savings watchdog must turn the vision set out in its refreshed corporate strategy for the next five years into "measurable expectations" for the pensions sector, a think tank has said.

  • June 09, 2026

    Gov't Targets Loophole In New Pension Scam Crackdown

    The government floated new plans on Tuesday to block workers from transferring long-term savings to bogus pension plans, in a new bid to crack down on retirement scams.

  • June 09, 2026

    JMG Group Buys Insurance Broker Langton London

    JMG Group has bought Langton London Insurance Brokers, adding to its specialist commercial insurance business. 

  • June 09, 2026

    NBS Underwriting Grows PI Capacity With £5M AmTrust Deal

    U.K. managing general agent NBS Underwriting said Tuesday that it has expanded its professional indemnity insurance capacity by joining up with AmTrust, allowing brokers to access up to £10 million ($13.4 million) of coverage through a single placement.

  • June 09, 2026

    Gov't Urged To Let Under 40s Draw Down State Pension Early

    Policymakers should allow British savers under 40 to draw down a year's worth of their state pension now in exchange for postponing the point at which they start receiving state retirement benefits, a think tank said Tuesday.

  • June 08, 2026

    Guided Retirement May Be 'Critical' For UK

    Plans by the U.K. government to ensure trustees provide savers with a so-called guided retirement in later life could play a "critical role" in improving how Britons navigate pension decisions, a think tank said Monday, but such plans must be gradually developed to meet competing needs.

  • June 08, 2026

    Two Men Sentenced For £275K Vehicle Repair Shop Fraud

    Two men have been sentenced to a total of more than nine years in prison for their roles in a £275,500 ($368,000) fraud involving fake collision claims linked to a vehicle repair business, the City of London Police said Monday.

  • June 08, 2026

    Insurer Warns Of AI Risk As Claims Fraud Rises To £233M

    Insurance giant Aviva PLC said Monday that artificial intelligence is driving an increase in fraud, after it recorded £233 million ($311 million) in suspicious claims last year.

  • June 08, 2026

    MPs Seek Rules Revamp For £200B In New Annual Investment

    Lawmakers have called for sweeping reforms to the way that businesses seek investment from banks, pension funds and the capital markets in order to raise an additional £200 billion ($267 billion) each year to match the performance of the strongest economies.

  • June 08, 2026

    Gov't Urged To Tighten 'Amber Flag' Pension Scam Rules

    The government must tighten rules that allow trustees to block pension transfers if they suspect members are being scammed, a long-term savings provider warned Monday.

  • June 08, 2026

    FCA Flags Misleading Car Finance Ads On Social Media

    The Financial Conduct Authority warned consumers on Monday about paid promotions from claims management companies and law firms that encourage people to sign up for motor finance claims, saying some are disguised as independent advice.

  • June 08, 2026

    Intesa Sanpaolo Makes €30.6B Bid For Monte Dei Paschi

    Italy's largest lender, Intesa Sanpaolo, said Monday that it is making a €30.6 billion ($35.2 billion) takeover offer for Monte dei Paschi di Siena — a day after rival Banco BPM called on MPS to open talks on a "merger of equals."

  • June 05, 2026

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

    The past week in London has seen the U.K.'s oldest Indian restaurant launch an appeal against King Charles III's property company in an effort to stop its eviction, trustees of a bankrupt former EY tax partner file a claim against his wife, and 37 leading insurers bring a lawsuit against agrichemical company Syngenta over an insurance dispute. Here, Law360 looks at these and other new claims in the U.K.

  • June 05, 2026

    Gov't Backs Collective Pension Transfers Without Consent

    The U.K. government will allow pension scheme trustees to transfer members' savings into authorized collective defined contribution schemes without getting every saver's consent.

  • June 05, 2026

    Howard Hughes Completes $2.1B Deal For Insurer Vantage

    Howard Hughes Holdings Inc. has said its subsidiary's $2.1 billion acquisition of insurer and reinsurer Vantage Group has completed successfully.

  • June 05, 2026

    Insurers Hit With Spike In Claims From M&A Cover

    Claims are mounting on insurance policies that shield dealmakers from costly surprises after corporate transactions, a broker has warned.

  • June 05, 2026

    Actuaries Flag Trustee Conflicts In Pension Surplus Push

    Britain's retirement savings watchdog must include "explicit comment" in its five-year corporate strategy on managing potential conflicts arising from recent legislation that gives trustees greater flexibility over defined benefit pension surpluses, an actuary trade body has said.

  • June 05, 2026

    Ex-Law Firm Chair's Insurers Deny Payout Covers £1.1M Debt

    Two insurers have said that the former executive chair of the failed Metamorph Group of law firms remains liable under two guarantees tied to professional indemnity insurance policies, even though he authorized the release of about £880,000 ($1.2 million).

Expert Analysis

  • 10 Financial Regulatory Changes To Prepare For In 2026

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    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

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    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

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    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • How Russia Sanctions Trajectory Is Affecting UK Legal Sector

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    The proliferation of U.K. and European Union sanctions targeting Russia has led to a vast increase in legislative provisions, and lawyers advising affected businesses should expect a complex and evolving legal landscape for the foreseeable future, says Rob Dalling at Jenner & Block.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

  • What To Know About FCA's Short Selling Regime Proposals

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    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

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    The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.

  • FCA Proposals Reduce Consumer Duty Compliance Burden

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    The Financial Conduct Authority’s recent proposals to streamline the consumer duty regime represent a pragmatic response to industry concerns, with a move toward sector-specific supervision and potentially narrowing its scope for wholesale and cross-border business, say lawyers at Simmons & Simmons.

  • How New Companies House ID Rules Affect Businesses

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    Lawyers at Shepherd & Wedderburn discuss the Economic Crime and Corporate Transparency Act’s new mandatory identity verification requirements for all company directors and persons with significant control, set to go live next week, which aim to curb fraud by improving the reliability of information held by Companies House.

  • What EU Securitization Proposals Signal For Risk Transfers

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    If implemented, recent amendments to the European Union securitization framework are expected to have an unambiguously positive effect on significant risk transfer markets, providing greater consistency and necessary flexibility, say lawyers at McDermott.

  • What To Know About EU's Reimposition Of Sanctions On Iran

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    Lawyers at Steptoe discuss the European Union’s recent reimposition of trade and financial sanctions against Iran, which will introduce legal and operational constraints that affect EU companies' commercial activities in the region.

  • FCA Crypto Proposals Herald Tougher Oversight For Firms

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    The Financial Conduct Authority’s recent proposals to extend regulation to crypto-asset activities will bring parity, but implementation of the operational resilience requirements and enhanced financial crime controls will present compliance challenges, says Michelle Kirschner at Gibson Dunn.

  • What To Know About Interim Licenses In Global FRAND Cases

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    Recent U.K. court decisions have shaped a framework for interim licenses in global standard-essential patent disputes, under which parties can benefit from operating on temporary terms while a court determines the final fair, reasonable and nondiscriminatory terms — but the future of this developing remedy is in doubt, say attorneys at Fish & Richardson.

  • EU-US Data Transfer Ruling Offers Reassurance To Cos.

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    The European Union General Court’s recent upholding of the EU-U.S. Data Privacy Framework in Latombe v. European Commission, although subject to appeal, provides companies with legal certainty for the first time by allowing the transfer of European Economic Area personal data without relying on alternative mechanisms, say lawyers at Wilson Sonsini.

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