Insurance UK

  • June 19, 2026

    Insurer-Led Innovations Aim To Cut Pension Buyout Delays

    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.

  • June 19, 2026

    UK Insurers Face Rising Risks Of Greenwashing Litigation

    British insurers are likely to face pressure in 2026 over greenwashing-related litigation as well as wider climate issues, a legal body has warned.

  • June 19, 2026

    Pensions Admin Body Issues Guidance On Dashboards

    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.

  • June 19, 2026

    UK Project To Model Insurance For Changing Climate Risk

    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.

  • June 18, 2026

    Insurers 'Need Clarity' On Driverless Car Liability, Report Says

    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.

  • June 18, 2026

    Broking Group Investor Buys Majority Share In £9M UK Broker

    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.

  • June 18, 2026

    MPs Press Cabinet Office On Civil Service Pension Delays

    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.

  • June 18, 2026

    FCA Turns To Early Action As AI Speeds Financial Crime

    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.

  • June 18, 2026

    Aviva Gets FCA Approval For Targeted Support Regime

    The Financial Conduct Authority has given Aviva regulatory approval to provide simplified advice to its customers under the regulator's new targeted support regime.

  • June 18, 2026

    Lloyd's Body Calls For Clarity On Iran Sanctions Change

    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.

  • June 18, 2026

    Eversheds Guides £55M Energy Market Pension Plan Buy-In

    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.

  • June 17, 2026

    Lloyd's Fights $3.7M Judgment Over Fake Cargo Ship Policy

    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.

  • June 17, 2026

    Group Risk Claims Hit Record £2.7B In 2025

    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.

  • June 17, 2026

    Trade Bodies Warn Of Impact Of 'Silent' AI Insurance

    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.

  • June 17, 2026

    British DC Pension Assets To Reach £1T By 2031, Report Says

    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.

  • June 17, 2026

    UK To Review Rules After £1.2B Stagecoach Pension Deal

    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.

  • June 17, 2026

    Audit Watchdog Revamps Enforcement Kit For Early Detection

    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."

  • June 17, 2026

    UK Urged To Mandate 'Black Box' Insurance For Young Drivers

    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.

  • June 16, 2026

    FCA Must Act On 'Poverty Premium' Monthly Payments

    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.

  • June 16, 2026

    AXA Sued Over Refusal To Pay Out For Cancer Cover

    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.

  • June 16, 2026

    Gov't Warned On Plan For New Pension Rights Protections

    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.

  • June 16, 2026

    UK To Review Tests On Quality Of Pension Schemes

    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.

  • June 16, 2026

    Captive Insurance Regime Will Be 'Proportionate,' BoE Says

    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.

  • June 16, 2026

    FCA Eyes Higher Fines After Setbacks In Staley Case

    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. 

  • June 15, 2026

    Insurance Brokers Body Appoints SME Board Deputy Chair

    The British Insurance Brokers' Association has appointed Martin Bridges as deputy chair of its advisory board for small and mid-sized industry intermediaries.

Expert Analysis

  • Consolidation Of Lloyd's Bylaws Will Be Useful For Members

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    Lloyd’s of London’s recent consolidation of its bylaws will make the rules governing its market more accessible, providing immediate results as well as the necessarily flexible framework to address the future needs of its participants, say lawyers at Skadden.

  • 4 Securities Trends For Pension Trustees To Watch In 2026

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    With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.

  • 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.

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