Insurance UK

  • March 16, 2026

    Insurers Refuse To Cover Solicitors' Debt In £1M Payment Row

    The insurer of an insolvent solicitors' firm has said exclusions in the pair's policy means it does not have to pay more than £1 million ($1.33 million) to a legal expense insurance company over allegedly missed payments linked to after-the-event litigation policies.

  • March 16, 2026

    Gov't Warned Against Mirroring Australian Pensions System

    The government should think twice before trying to replicate the Australian model of pension funds investing heavily in domestic assets without allowing the market to develop, a report published Monday found.

  • March 16, 2026

    FCA Proposes Major Overhaul Of Redress System

    The Financial Conduct Authority and the Financial Ombudsman Service set out landmark reforms to the U.K. financial services redress system on Monday, in line with a government commitment to introduce new legislation.

  • March 16, 2026

    UK Watchdog Publishes Flexible Governance Reporting Guide

    ​The Financial Reporting Council on Monday urged companies to improve the quality of explanations they provide under U.K. Corporate Governance Code provisions, warning that rigid compliance and boilerplate disclosures risk undermining effective governance.

  • March 16, 2026

    Insurers Beat AmTrust's £59M Claim Over Legal Funding Fail

    AmTrust failed in its bid to hold an insurer of two defunct law firms liable for £59 million ($78 million) in defaulted loans after a court ruled Monday that the losses incurred in claimant cases were not covered by the firms' insurance policies.

  • March 16, 2026

    'Deep Unease' On Gov't Pension Investment Plans, ABI Says

    There is "deep unease" about government plans to mandate pension funds to make certain investments, the Association of British Insurers has said, pointing to research that reveals that an overwhelming majority of savers are opposed to interference from Whitehall.

  • March 13, 2026

    How The Iran War Has Snarled Global Oil & Gas Shipping

    The Iran war has effectively closed a key global shipping lane for oil and gas, and the resulting logjam is causing major headaches for companies responsible for transporting oil and gas from the Middle East to global markets.

  • March 13, 2026

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

    In London, Estée Lauder accused Jo Malone's founder of intellectual property infringement, the wife of an Iranian businessman linked to a £75 million fraud sued several Iranian oil companies, HSBC sued U.S. property tycoon Michael Fuchs, and Charles Russell Speechlys brought a claim against a United Arab Emirates company it once represented in an international arbitration.

  • March 13, 2026

    Lords Defy Gov't In Vote To Raise Salary Sacrifice Cap To £5K

    The House of Lords has voted to raise a planned cap on tax-free pension salary sacrifice from £2,000 ($2,600) to £5,000, pushing back against the government's attempt to tackle £70 billion of the proposed arrangements.

  • March 13, 2026

    Allianz Uncovered Record Levels Of Insurance Fraud In 2025

    Allianz UK has said it detected £174 million ($231 million) worth of insurance fraud in 2025 — 10.5% more than in 2024, its previous record year, as criminals changed their tactics.

  • March 13, 2026

    Industry Backs Gov't Plan To Limit Pension Investment Power

    The British government's move to limit a controversial measure designed to mandate pension funds to make certain investments is a "positive step," pensions trade groups have said.

  • March 13, 2026

    FCA Sees Banks, Insurers Liaising Poorly With Consumers

    The Financial Conduct Authority said Friday in a review that some banks, insurers and others used overlong documents to inform customers, pointing out Consumer Duty expectations.

  • March 13, 2026

    Impact Of Iran War Manageable So Far For Global Reinsurers

    The impact of the war in the Middle East is limited so far for global reinsurers, a ratings agency has said, but it warned that this could change if the conflict drags on.

  • March 13, 2026

    M&A Surges 14% In European Insurance Sector In 2025

    Mergers and acquisitions in the European insurance sector reached a record high in 2025, driven by private equity-backed consolidators and rising interest in specialty insurers, according to FTI Consulting Inc.

  • March 12, 2026

    New Fraud Unit Faces Hurdles To Take On Overseas Scams

    A new anti-fraud unit built to disrupt the growing threat to national security posed by online scammers fills gaps left in the enforcement landscape, lawyers say — although there are hurdles for prosecution of suspects, particularly when many scams originate thousands of miles away.

  • March 12, 2026

    UK Personal Pension Transfer System 'Not Fit For Purpose'

    Policymakers should slash the statutory deadline for pension transfers from six months to 30 working days, a group of digital retirement savings platforms said Thursday, as they proposed several changes to a system they described as "not fit for purpose."

  • March 12, 2026

    EU Watchdog Reveals Plans To Boost Investing, Supervision

    The European Union's financial markets watchdog set out plans on Thursday to simplify retail investing, having found that consumers mistrust markets because of conflicts of interest, high fees and insufficient enforcement against scams.

  • March 12, 2026

    Barnett Waddingham, Insurer PIC Expand Partnership

    Consulting and administration firm Barnett Waddingham said Thursday it has extended its partnership with specialist coverage firm Pension Insurance Corp. by taking on full administration services for two defined benefit pension schemes progressing toward full buyout.

  • March 12, 2026

    Iran Oil Crisis Not Due To Lack Of Insurance, Trade Body Says

    Oil tankers are staying away from the Strait of Hormuz because of concerns about safety rather than a scarcity of insurance, an insurance trade body has said.

  • March 12, 2026

    Insurers Back Bid To Boost Outcomes For Pension Savers

    The Association of British Insurers has given its backing to proposals by Britain's finance watchdog to focus on ensuring long-term value and better outcomes for pension savers in 2026.

  • March 11, 2026

    FCA Rebalances Insurance Priorities With Fewer Rules

    The Financial Conduct Authority has said it will attempt to avoid creating new rules for the insurance sector to cut regulatory red tape and help business, raising concerns that the watchdog is softening its commitment to protect consumers.

  • March 11, 2026

    Pensions Sector Told To Protect Against Impersonation Fraud

    Britain's retirement savings watchdog said Wednesday that the pensions industry must take immediate action to protect savers amid a reported rise in impersonation fraud.

  • March 11, 2026

    Hogan Lovells Guides Dutch Insurer On €8B Pension Deals

    Dutch insurer Achmea Pension & Life Insurance said Wednesday it has offloaded €8 billion ($9.3 billion) of the longevity risk on its pension liabilities to Munich Re and Pacific Life Re in a deal steered by Hogan Lovells International, Marcfarlanes, NautaDutilh and Debevoise.

  • March 11, 2026

    Legal & General To Start Record £1.2B Shares Buyback

    Legal & General Group PLC said Wednesday it will begin a £1.2 billion ($1.6 billion) shares buyback, the largest in its history, as the British insurer and asset manager moves to return surplus capital to shareholders while reshaping its business.

  • March 11, 2026

    Direct Line Unit Fined £10.6M For Solvency Miscalculation

    The Prudential Regulation Authority said on Wednesday that it has fined UK Insurance Ltd. £10.63 million ($14.27 million) for miscalculations that led the insurer to overstate its solvency position to the watchdog and the market.

Expert Analysis

  • Rebuttal

    Legal Industry Should Pursue AI Prediction Progress

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    As part of the debate prompted by my recent Law360 guest article on legal prediction using artificial intelligence, I would like to unpack four issues and suggest that attorneys and technologists continue to tackle the problems presently within reach, says Joseph Avery at Claudius Legal Intelligence.

  • Rebuttal

    AI Can't Accurately Predict Case Length And Cost — Yet

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    A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.

  • What To Expect During The Brexit Transition Period

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    While all formal ratification procedures for the U.K.'s departure from the European Union have been completed, the transitional period will bring an enormous range of trade, customs and regulatory issues, say attorneys at Mayer Brown.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

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    The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.

  • Surefire Marketing Methods To Build Your Legal Practice

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    Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.

  • Mandatory Mediation May Lie Ahead For England And Wales

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    The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.

  • Key Risks And Developments For UK Law Firm Culture In 2020

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    In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

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    Ahead of the U.K.'s likely departure from the European Union on Jan. 31, 2020, companies should use the one-year transition period to help workers understand any new registration requirements, evaluate budgetary concerns and expedite any employee relocations, say Julia Onslow-Cole and Charlotte Wills at Fragomen.

  • #MeToo Pressure On UK Businesses Is Set To Rise

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    Recent declarations by the Financial Conduct Authority and Prudential Regulation Authority indicate that sexual harassment in the U.K.'s financial services industry may lead to consequences under the newly expanded Senior Managers and Certification Regime, and other sectors are facing growing scrutiny as well, say attorneys at Covington.

  • Opinion

    UK's Insurer Investigations May Not Help Policyholders

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    The U.K. Ministry of Justice's recent investigations into insurers suspected of not passing on savings to consumers suggests insurers may see consequences for their hollow promises, but only if the government follows through to hold insurers accountable, says Tom Jones of Thompsons Solicitors.

  • The Outlook For Autonomous Vehicles In The UK And US

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    As both the U.K. and U.S. governments continue to develop regulatory frameworks for autonomous vehicles, manufacturers can take certain steps to avoid litigation and manage risk, say attorneys at FaegreBD.

  • Brexit's Impact On London As A Top Int'l Arbitration Seat

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    Despite concerns that London may be considered a less attractive place to do business post-Brexit, there are many reasons to believe that the city will retain its position as a globally favored arbitral seat, say Adrian Jones and James Wagner at FaegreBD.

  • Post-Brexit UK Likely To Conform With EU On Human Rights

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    In a recent speech, U.K. Foreign Secretary Dominic Raab stated his intent to expand sanctions for human rights violations by extending the so-called Magnitsky amendment, strongly indicating that Britain's exit from the EU would be unlikely to disrupt coordinated efforts to address international transgressions against human rights, says Stephen Baker at Baker & Partners.

  • The Evolution Of GDPR Enforcement Across The EU

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    With the last few months bringing significant fines to major businesses that have breached the European Union's General Data Protection Regulation, it is clear that regulators are moving away from the light-touch approach they employed during the transition to the new rules, says James Simpson of Blaser Mills.

  • Series

    Why I Became A Lawyer: Being There For Families In Trouble

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    My parents' contentious, drawn-out divorce was one of the worst experiences of my life. But it taught me how to be resilient — and ultimately led me to leave corporate litigation for a career in family law, helping other families during their own difficult times, says Sheryl Seiden of Seiden Family Law.

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