Insurance UK

  • May 15, 2026

    BlackRock Fund To Let Pension Plans Access Private Markets

    BlackRock has launched a new fund aimed at giving defined contribution pension savers broader access to private market investments, amid building momentum in the U.K. to channel more retirement savings into so-called productive finance assets.

  • May 15, 2026

    Insurers Call For UK Building Reform To Cut Claims Costs

    The government must push ahead with building reforms before insurers can slash the price of cover for those living in high rise flats, a trade body has said.

  • May 15, 2026

    Ex-Chair Of Law Firm Group Fights £1.1M Guarantee Claim

    The former executive chair of the collapsed Metamorph Group of law firms has said he does not owe approximately £1.1 million ($1.5 million) to two insurers under personal guarantees, arguing that money he authorized for release to them discharged his obligations.

  • May 14, 2026

    Aviva Pension Deals Halved Amid Tough Market

    Insurance giant Aviva PLC reported Thursday a steep decline in pension deals in the first quarter, owing to new competitive pressures in the market.

  • May 14, 2026

    Highest Earners Hardest Hit By Pension Tax Change, IFS Says

    The highest earners in the private sector will be hit the hardest by the U.K. government's decision to cap tax-free pension salary sacrifices at £2,000 ($2,700), the Institute for Fiscal Studies has said, with finance and insurance among the most affected industries.

  • May 14, 2026

    Pension Plans Urged To Prep Data For Dashboards Project

    The Pensions Regulator on Thursday launched a new compliance drive aimed at thousands of defined benefit and hybrid pension schemes, warning they must urgently improve the accuracy of member data before connecting to the U.K.'s incoming dashboards portals.

  • May 14, 2026

    Bindmans Leads New Judicial Review On WASPI Claim

    The government is facing a renewed legal challenge over its refusal to offer compensation to women affected by failures in state pension provision.

  • May 14, 2026

    Scottish Widows Says 12M UK Adults Face Pension Poverty

    Approximately 12.2 million people in the U.K. risk being unable to afford even a basic standard of living in retirement, according to pensions provider Scottish Widows.

  • May 14, 2026

    Gov't Taps New Chair For Pensions Compensation Fund

    The government has appointed Joanne Segars to chair the Pension Protection Fund at a time when the compensation organization is facing calls for reform amid a £14 billion ($18.9 billion) surplus.

  • May 13, 2026

    UK Gov't Plans Bills For Closer EU Links, Financial Reforms

    New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.

  • May 13, 2026

    Chubb, Fidelis Lose Russian Aircraft Contribution Claim Bid

    A High Court judge on Wednesday blocked an attempt by insurers Chubb and Fidelis to claim contributions from a group of underwriters for their liability to aircraft lessors for planes stranded in Russia after the invasion of Ukraine.

  • May 13, 2026

    TUI Pilots Say Union Deal Couldn't Cut Illness Benefits

    A group of TUI Airways pilots told an appeals court on Wednesday that a judge had wrongly dismissed their claims of breach of contract after their employer slashed an income protection program for those unable to fly because of illness.

  • May 13, 2026

    Gov't Urged To Weigh Plan For £14B Pension Lifeboat Surplus

    The government must look again at how it can use the £14 billion ($19 billion) in reserves held by the U.K.'s Pension Protection Fund to boost the economy or top up the retirement income of Britons, a trade body said.

  • May 13, 2026

    Gov't Unit Targets £99B Australian Pension Fund Investment

    The British government has launched a project designed to attract around £99 billion ($133.8 billion) of Australian pension fund investment over the next decade as part of its broader bid to direct retirements savings capital toward the U.K.

  • May 13, 2026

    FCA Probes How Investment Firms Handle Bereaved Clients

    The Financial Conduct Authority said on Wednesday that it has launched a review into investment firms to establish whether they are doing enough to support clients going through bereavement after a poll showed that fewer than half were given adequate support.

  • May 13, 2026

    UK Pension Funding Drops Again Amid Wider Volatility

    The overall surplus of U.K. retirement saving programs fell by £5.3 billion ($7.2 billion) in April as continuing market volatility pushed down funding for the second month in a row, the Pension Protection Fund has said.

  • May 13, 2026

    Arc Steers £66M Leeds Building Society Pensions Deal

    Leeds Building Society has completed a £66 million ($90 million) bulk purchase annuity transaction for its staff retirement program, Royal London Group said on Wednesday.

  • May 12, 2026

    New Liability Rules Put Businesses In Uncharted Territory

    New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.

  • May 12, 2026

    FCA Bans, Fines Pensions Advisory Director For Misconduct

    The Financial Conduct Authority said on Tuesday that it has fined a pensions adviser £755,000 ($1 million) and banned him from working in financial services in Britain for acting without integrity and putting customers at risk for personal gain.

  • May 12, 2026

    Gov't Clarifies Inheritance Tax Rules On Pension Wealth

    The government has issued a statement clarifying how it wants pension wealth to be brought into the scope of inheritance tax next year.

  • May 12, 2026

    Pensions Watchdog Floats New 5-Year Strategy

    The Pensions Regulator has opened a consultation on a refreshed corporate strategy that will guide its work over the next five years, as the pensions market is set to undergo major changes through the Pension Schemes Act 2026.

  • May 12, 2026

    Swiss Watchdog Eyes Tighter AML Controls On Ownership

    The Swiss financial markets watchdog released plans on Tuesday to tighten up its anti-money laundering rules, with new measures that would require banks, insurers and investment funds to understand the ownership and control structure of the customer.

  • May 12, 2026

    AI 'Critical' To Delivery Of Pension Schemes Act, Lumera Says

    Pension reforms introduced in recent government legislation will accelerate the use of artificial intelligence within the retirement savings sector as more organizations turn to digital tools to meet regulatory requirements, an insurance technology company said Tuesday.

  • May 12, 2026

    Munich Re Books €90M In Iran War Claims In 3 Months

    European insurance giant Munich Re said Tuesday that it has logged €90 million ($106 million) in claims arising from the Iran war, as it shrugged off concerns over the wider impact of inflation on claims.

  • May 11, 2026

    Hermes Denies 'Existential Gamble' On Wind Farm Investment

    The managers of a Scottish local authority's pension fund denied that their decision to invest £104 million ($142 million) in a portfolio of Swedish wind farms was an "existential gamble," saying that the claim is "based entirely on hindsight."

Expert Analysis

  • What To Know About The Russia-Stranded Plane Ruling

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    The High Court's recent decision in Zephyrus Capital Aviation v. Fidelis Underwriting, rejecting reinsurers' U.K. jurisdiction challenges in claims over stranded planes in Russia, has broad implications for cross-border litigation involving exclusive jurisdiction clauses, says Samantha Zaozirny at Browne Jacobson.

  • 3 Notable Pensions Reforms In Spring Budget

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    The U.K. government’s spring budget introduced reforms to improve pension outcomes through the value for money framework and the lifetime provider model, as well as to encourage investments in Britain — three interlinked areas that could pressure trustees and providers to rethink how they approach investments, say Liz Ramsaran and Marcus Fink at DWF.

  • UK Arbitration Ruling Offers Tips On Quelling Bias Concerns

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    An English court's recent decision in H1 v. W to remove an arbitrator because of impartiality concerns offers several lessons on mitigating bias, including striking a balance between arbitration experience and knowledge of a particular industry, and highlights the importance of careful arbitrator appointment, says Paul-Raphael Shehadeh at Duane Morris.

  • Bias Ruling Offers Guidance On Disqualifying Arbitrators

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    An English court's recent decision in H1 v. W, removing an arbitrator due to bias concerns, reaffirms practical considerations when assessing an arbitrator's impartiality, and highlights how ill-chosen language by an arbitrator can clear the high bar for disqualification, say Andrew Connelly and Ian Meredith at K&L Gates.

  • Insurance Policy Takeaways From UK Lockdown Loss Ruling

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    An English court's recent decision in Unipolsai v. Covea, determining that insurers' losses from COVID-19 lockdowns were covered by reinsurance, highlights key issues on insurance policy wordings, including how to define a "catastrophe" in the context of the pandemic, says Daniel Healy at Brown Rudnick.

  • What COVID Payout Ruling Means For Lockdown Loss Claims

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    While the High Court's recent COVID-19 payout decision in Gatwick v. Liberty Mutual, holding that pandemic-related regulations trigger prevention of access clauses, will likely lead to insurers accepting more business interruption claims, there are still evidentiary challenges and issues regarding policy limits and furlough, say Josianne El Antoury and Greg Lascelles at Covington.

  • Spartan Arbitration Tactics Against Well-Funded Opponents

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    Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.

  • Top Court Hire Car Ruling Affects 3rd-Party Negligence Cases

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    The U.K. Supreme Court's recent decision in Armstead v. Royal & Sun Alliance, finding that an insurer was responsible for lost car rental income after an accident, has significant implications for arguing economic loss and determining burden of proof in third-party negligence cases that trigger contractual liabilities, say lawyers at Macfarlanes.

  • Unpacking The Building Safety Act's Industry Overhaul

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    Recent updates to the Building Safety Act introduce a new principal designer role and longer limitation periods for defects claims, ushering in new compliance challenges for construction industry stakeholders to navigate, as well as a need to affirm that their insurance arrangements provide adequate protection, say Zoe Eastell and Zack Gould-Wilson at RPC.

  • A Rare Look At Judicial Interpretation Of LEG Exclusions

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    A Florida federal court’s order last month in Archer Western-De Moya v. Ace American Insurance and an earlier decision from a D.C. federal court offer insight into how courts may interpret defects exclusion clauses developed by the London Engineering Group — filling a void in case law in the area, says Jonathan Bruce at Holman Fenwick.

  • Ruling In FCA Case Offers Tips On Flexible Work Requests

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    In Wilson v. Financial Conduct Authority, the Employment Tribunal recently found that the regulator's rejection of a remote work request was justified, highlighting for employers factors that affect flexible work request outcomes, while emphasizing that individual inquiries should be considered on the specific facts, say Frances Rollin, Ella Tunnell and Kerry Garcia at Stevens & Bolton.

  • Breaking Down The New UK Pension Funding Regs

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    Recently published U.K. pension regulations, proposing major changes to funding and investing in defined benefit pension schemes, raise implementation considerations for trustees, including the importance of the employer covenant, say Charles Magoffin and Elizabeth Bullock at Freshfields.

  • Decoding UK Case Law On Anti-Suit Injunctions

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    The English High Court's forthcoming decision on an anti-suit injunction filed in Augusta Energy v. Top Oil last month will provide useful guidance on application grounds for practitioners, but, pending that ruling, other recent decisions offer key considerations when making or resisting claims when there is an exclusive jurisdiction clause in the contract, says Abigail Healey at Quillon Law.

  • Cayman Islands Off AML Risk Lists, Signaling Robust Controls

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    As a world-leading jurisdiction for securitization special purpose entities, the removal of the Cayman Islands from increased anti-money laundering monitoring lists is a significant milestone that will benefit new and existing financial services customers conducting business in the territory, say lawyers at Walkers Global.

  • How Decision On A Key Definition Affects SMEs

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    The Financial Conduct Authority's decision not to extend the definition of small and midsized enterprises may benefit banks and finance providers in the current high interest rate environment and where SMEs in certain sectors may be under financial pressure in light of the cost-of-living crisis in order to streamline it, says Rachael Healey at RPC.

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