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June 22, 2026
Maritime insurers told the U.K. Supreme Court on Monday that they are entitled to equitable compensation after Spain breached an arbitration agreement when it obtained a €855 million ($980 million) judgment over a major oil spill off its coast.
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June 22, 2026
Specialist insurer Prestige on Monday warned that homeowners with unoccupied or holiday properties could face a financial hit if their insurance policies place fixed limits on claims for water leaks, with research showing many losses exceed common coverage caps.
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June 22, 2026
The Bank of England set out on Monday what it called a "milestone" regime for U.K. issuers of stablecoins in a policy paper that relaxes its original proposals.
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June 22, 2026
Lloyd's of London has announced the launch of a new marine war insurance facility for vessels traveling through the Strait of Hormuz, with up to $400 million in cover.
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June 22, 2026
The strong funding position of defined benefit pension plans is likely to give rise to more innovation in the future, Britain's retirement savings watchdog has said, as it urged any plans considering novel ideas to consult with the regulator.
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June 22, 2026
Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
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June 19, 2026
The past week in London has seen Royal Mail Pension Plan companies sue Wates Construction after investing in a Cambridge development project, law firm Ronald Fletcher Baker launch proceedings against several former partners and the rival firm they moved to, Lansdowne Law, and energy group VAROPreem bring an intellectual property claim against North Sea producer Viaro Energy and its chief executive. Here, Law360 looks at these and other new claims in the U.K.
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June 19, 2026
Investors in a communications software provider have hit back against a £7.5 million ($9.9 million) claim brought by BidSwitch, denying that they fraudulently inflated the financial position of the company in an attempt to persuade the internet advertising broker to buy it.
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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."