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June 19, 2026
Britain's pension risk transfer market is innovating to accelerate the often-delayed process of moving defined benefit pension plans from buy-in arrangements to full insurance buyouts, according to a report from consultancy Hymans Robertson.
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June 19, 2026
British insurers are likely to face pressure in 2026 over greenwashing-related litigation as well as wider climate issues, a legal body has warned.
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June 19, 2026
A pensions sector standards-setter has issued guidance it said will ensure that retirement savings plans, providers and administrators treat compliance with online dashboards as an ongoing responsibility rather than a one-off project.
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June 19, 2026
Researchers have launched a project to help the insurance industry adapt to the growing risks posed by climate change, backed by £1.2 million ($1.6 million) in government funding.
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June 18, 2026
British insurance companies "need clarity" to price risk fairly and ensure cover is affordable as the U.K. moves to ensure automated vehicle safety regulation works effectively for both drivers and the industry, automotive risk research organization Thatcham Research said in a report published on Wednesday.
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June 18, 2026
The Broker Investment Group has said it acquired a majority stake in Scott Blain Insurance Consultants Ltd., which has gross written premiums of around £9 million ($12 million), in its third transaction of the year.
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June 18, 2026
A parliamentary committee has said that the government should hit contractor Capita PLC with heavy fines if it misses agreed-upon deadlines for fixing the ongoing crisis at the Civil Service Pension Scheme.
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June 18, 2026
The financial regulator has said that it is increasingly using supervisory powers and early intervention to prevent harm before launching formal investigations as technological advances and AI accelerate financial crime.
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June 18, 2026
The Financial Conduct Authority has given Aviva regulatory approval to provide simplified advice to its customers under the regulator's new targeted support regime.
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June 18, 2026
A trade body for Lloyd's of London insurers called on Thursday for more clarity on how updated sanctions on Iran will work under an international peace deal.
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June 18, 2026
Canada Life Ltd. said Thursday that it has completed a £55 million ($73 million) pension buy-in for an energy sector retirement savings plan that covers more than 700 members.
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June 17, 2026
A Lloyd's unit fought Wednesday to overturn a decision that it should pay $3.7 million under a mortgagee policy to cover losses from when a cargo ship struck a mine in Ukrainian waters, arguing the lender's losses actually stemmed from the vessel's fake war risks coverage.
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June 17, 2026
Group risk insurers in the U.K. paid out a record £2.69 billion ($3.6 billion) in claims across 2025, a trade body for the sector has said, up by £96.7 million from the year before.
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June 17, 2026
Insurers are grappling with the risk that a broad range of policies could inadvertently be triggered by losses caused by artificial intelligence technology, trade bodies said in a report Wednesday.
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June 17, 2026
Defined contribution pension assets could exceed £1 trillion ($1.34 trillion) by 2031 and overtake defined benefit plans as the dominant form of private-sector retirement wealth by the end of the decade, an insurance technology company said Wednesday.
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June 17, 2026
The government has said it will carry out a review of legislation following a £1.2 billion ($1.6 billion) transaction in which asset manager Aberdeen PLC took over a pension plan from Stagecoach, a transport operator.
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June 17, 2026
The accounting regulator said on Wednesday that it will go ahead with proposals to improve its approach to enforcement, setting out new options such as publishing cases it has pursued, which it said would offer it a "broad and more flexible range of routes to resolution."
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June 17, 2026
Insurance giant Aviva has urged the U.K. government to consider a requirement for young drivers to use "black box" insurance during their first year on the road, arguing that the technology would improve driving standards and cut accidents.
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June 16, 2026
The Financial Conduct Authority must introduce pricing changes across the car insurance finance market, Which said Tuesday, as the consumer champion found motorists still paying excessive interest rates when spreading the cost of their motor cover.
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June 16, 2026
A British woman diagnosed with an "aggressive cancer with limited therapeutic options" has accused insurance giant AXA of wrongfully refusing to pay out to cover her treatment.
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June 16, 2026
The U.K. government will create additional costs for businesses if it goes ahead with plans to introduce employee pension safeguards in corporate transactions, a trade body warned Tuesday.
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June 16, 2026
The government said Tuesday that it will review whether legislation that forces employers to test the quality of their workplace pension programs is still providing the appropriate safeguards to retirement savers.
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June 16, 2026
The Bank of England acknowledged on Tuesday that the success of Britain's new captive insurance regime will depend on it being transparent and cost-effective as it draws up long-awaited regulations for the emerging sector.
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June 16, 2026
The financial regulator has said it plans to hike the fines it imposes on individuals for misconduct following a series of legal setbacks that slashed its sanctions against senior executives.
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June 15, 2026
The British Insurance Brokers' Association has appointed Martin Bridges as deputy chair of its advisory board for small and mid-sized industry intermediaries.