Insurance UK

  • October 02, 2025

    L&G Breaks Industry Record, Tops £200B In Pension Assets

    Legal & General Group PLC has said that its total defined contribution assets under management now top £200 billion ($270 billion) in what it called a first for the pensions industry.

  • October 02, 2025

    Denmark Loses £1.4B Cum-Ex Fraud Case Against UK Trader

    Denmark lost on Thursday its £1.4 billion ($1.9 billion) legal claim against scores of traders and financial institutions over a cum-ex tax fraud it said was orchestrated by convicted hedge fund trader Sanjay Shah.

  • October 02, 2025

    FCA's Crypto Rules Risk Abuse Without Tailored Safeguards

    The proposed U.K. crypto-asset regime risks abuse because it tries to clamp traditional finance rules on to a digital asset class, leaving gaps which expose unwary investors to criminals unless new safeguards are added, legal experts have warned.

  • October 01, 2025

    Chubb Can't Yet Arbitrate La. Casino Owner's COVID Losses

    A Louisiana federal court has temporarily barred a Bermuda-based Chubb unit from pursuing arbitration proceedings in England in a dispute with a hospitality and entertainment company over coverage for pandemic-related losses at its U.S. properties.

  • October 01, 2025

    Yorkshire Broker Continues UK Expansion With Three Buys

    JMG Group Investments Ltd. has bought three insurance brokers in Birmingham, Edinburgh and the Lake District, marking further expansion for the company in the U.K.

  • October 01, 2025

    FCA Gives Chancellor 4-Point Plan For Consumer Duty

    The Financial Conduct Authority has given the chancellor of the exchequer a four-part plan to change the Consumer Duty, with additional legislative steps for the Treasury to take, setting out its proposals in a letter published Wednesday.

  • October 01, 2025

    UK Seeks To Recoup Money From Judges' Pensions Errors

    The government has proposed new rules that will allow it to bill members of the judiciary in England and Wales for pension contributions that it failed to collect through administrative errors.

  • October 01, 2025

    Ireland's Central Bank Warns Insurers On AI Governance

    The Central Bank of Ireland has said that it will investigate whether insurers in the republic have sufficient guardrails against the unethical use of new artificial intelligence technology.

  • October 01, 2025

    FRC Eyes Public, Accelerated Action For Audit Breaches

    The accounting watchdog set out proposals on Wednesday to enhance its enforcement approach, introducing new options for more targeted and faster action against auditors that break the rules, including publication of cases it has pursued.

  • October 01, 2025

    Geopolitical Risk A Top Concern For Business, Aon Says

    Geopolitical volatility has risen to be among the top concerns for business decision-makers, Aon said Wednesday, marking what it called a "new reality."

  • September 30, 2025

    FCA Warned On Targeted Support Signpost Proposals

    The Financial Conduct Authority should not force businesses to flag "targeted support" to consumers from March before the regime is widely available, Aegon warned on Tuesday.

  • September 30, 2025

    Union Pushes Gov't To Inflation-Proof Pensions Amid Surplus

    The U.K. government must tap in to £14.1 billion ($19 billion) of surplus funds held by the pension lifeboat scheme to boost the retirement benefits of pensioners denied inflation-linked raises, one of the largest U.K. unions warned.

  • September 30, 2025

    FRC Finds Multiple Financial Reporting Failings In Review

    The U.K. accounting watchdog said in its annual review published Tuesday that it has uncovered a slew of inaccuracies, omissions and compliance failings in financial statements prepared by companies for the year to March 2025.

  • September 30, 2025

    UK Space Agency Backs Insurance Broker Eco-Monitoring

    The U.K. government's space agency has backed an insurance-led project to use satellites to monitor biodiversity risk, as the sector beefs up its response to climate-reporting regulation.

  • September 30, 2025

    Ageas Gets Digital Boost As It Completes £1.3B Acquisition

    The insurance giant Ageas said Tuesday it has completed its acquisition of Esure Group PLC in a "milestone" transaction worth £1.295 billion ($1.74 billion) that it believes will boost its tech efficiency.

  • September 30, 2025

    6 In 10 SMEs Hit By Cyberattack In 2025, Hiscox Says

    Some 59% of small and midsized enterprises have said they experienced a cyberattack in the last year, Hiscox said Tuesday, highlighting the evolving threat posed by criminals adapting to new technologies to exploit businesses. 

  • September 30, 2025

    Kirkland Leads Oaktree's $420M Buy Of Ambac's Legacy Units

    Oaktree Capital Management LP has bought Ambac's legacy financial guarantee businesses for $420 million in cash, the insurance company has said, after the deal won backing from the regulator for the sector in Wisconsin.

  • September 29, 2025

    McLaren Driver Can Run Loss Mitigation Defense In $21M Trial

    Álex Palou can seek to dodge damages in an almost $21 million claim from McLaren Racing Ltd. by arguing that the British motor racing group mitigated its losses after he walked away from his Formula 1 deal by signing on a different driver.

  • September 29, 2025

    Allianz Loses £20K Costs Claim Against Ex-Employee

    Allianz has lost its quest to recover £20,000 ($27,000) from a former employee who sued the company, failing to convince a tribunal that she acted unreasonably by bringing her claim.

  • September 29, 2025

    EU Council Reinstates Sanctions Over Iran's Nuclear Activities

    The European Union said on Monday that it will reimpose sanctions on Iran, following the lead of the United Nations, which brought back restrictions over concerns that the Middle Eastern country had breached a commitment to halt its nuclear weapons development.

  • September 29, 2025

    Most Investors Fear Greenwashing In ESG Investments

    A financial services trade body said Monday it has discovered that most private investors are concerned about greenwashing in investments and even more prioritize performance over sustainability. 

  • September 29, 2025

    Fund Managers Push EU Watchdog To End Double Reporting

    A trade body for European fund managers urged Europe's markets watchdog on Monday to remove dual-sided reporting of derivatives and loans in its planned simplification of reporting on financial transactions.

  • September 29, 2025

    Marsh Sells Ireland Personal Lines Business To Cornmarket

    Insurance giant Marsh McLennan has sold its Ireland personal lines insurance business to Cornmarket, the Belfast-based broker has said.

  • September 29, 2025

    Investment Biz Helios To Return £7.3M To Shareholders

    Helios Underwriting PLC said Monday that it plans to launch a share buyback worth up to approximately £7.3 million ($9.8 million) as the insurance industry investment vehicle noted the strong performance of the Lloyd's specialist market.

  • September 26, 2025

    FCA Proposes Rule Changes To Allow Targeted Support

    The Financial Conduct Authority proposed rule changes Friday to align its proposed "targeted support" with existing rules, including senior manager accountability.

Expert Analysis

  • UK Appellate Rulings Clarify Arbitral Choice Of Law

    Author Photo

    Two recent U.K. Court of Appeal decisions have changed the operation of the choice-of-law test for arbitration — a resolution as significant as changing the test itself because it affects the implied choices of the contracting parties, say attorneys at Squire Patton.

  • Post-Pandemic Litigation To Expect In England And Wales

    Author Photo

    Globally, we are already starting to see insolvency-related claims and a number of insurance, breach of ‎contract, employment and securities class actions across numerous sectors. These and other claims will likely increase for U.K. businesses, say Tracey Dovaston and Fiona Huntriss at Boies Schiller.

  • UK Lawyers Can Adapt Due Diligence To Screen New Clients

    Author Photo

    As COVID-19-related fraud gains pace, U.K.-based practitioners should help combat money laundering by using alternative methods to verify that new clients are who they say they are, says Christopher Convey, a barrister at 33 Chancery Lane and chair of the Bar Council's Money Laundering Working Group.

  • A UK Business View Of COVID-19's Economic Fallout

    Author Photo

    Covington attorneys Alex Leitch and Harry Denlegh-Maxwell provide a bird's-eye view of how U.K. businesses will navigate the legal and economic aftermath of the pandemic, including discussion of where litigation funding, class actions, insurance disputes and force majeure fit it.

  • Remote Depositions Bring Ethics Considerations For Lawyers

    Author Photo

    Utilizing virtual litigation technologies and participating in remote depositions require attorneys to beware of inadvertently violating their ethical obligations, including the principal duty to provide competent representation, say attorneys at Troutman Sanders.

  • Time For Presumptive Virtual Mediation In The UK

    Author Photo

    While the COVID-19 outbreak is a real-time test of the U.K. justice system’s adaptability and innovation, it is also an opportunity to deliver alternative dispute resolution through virtual technology — and there are two ways in which this could be achieved, says Suzanne Rab at Serle Court.

  • UK 'Property' Classification Boosts Confidence In Bitcoin

    Author Photo

    In AA v. Persons Unknown, the English High Court classified bitcoins as property that can be the subject of proprietary injunctions, indicating the slow but growing acceptance of virtual currencies within the U.K., say Steven De Lara and Colin Grech at Signature Litigation.

  • 3 EU And UK Data Protection Tips During COVID-19

    Author Photo

    Though EU and U.K. data protection laws should not impede the fight against COVID-19, companies must continue to protect individuals' data, and the challenges of managing a remote workforce and the desire for information about the virus’s impact have significant implications for that responsibility, say attorneys at Debevoise.

  • Novolex Case Brings Lessons On R&W Insurance

    Author Photo

    A New York state court dispute between Novolex and a few of its insurers concerning coverage under a representations and warranties policy for a $267 million loss offers a rare glimpse into how a court might interpret acquisition agreements and insurance policy provisions, say attorneys at Hunton.

  • How Proposed EU Class Action Directive Could Affect Insurers

    Author Photo

    Insurers should beware the explosive potential of the EU's proposed directive providing for cross-border class actions and third-party funding for such actions, although it also bears strict requirements that will limit the number of cases, say Emmanuèle Lutfalla and Simon Fitzpatrick at Signature Litigation.

  • COVID-19 Insurance Considerations For UK Cos.

    Author Photo

    Though a new U.K. regulation recently made it easier for businesses to claim losses related to COVID-19, potential points of contention when seeking insurance coverage include whether the government ordered the business to close and whether an outbreak occurred at the premises, say attorneys at Covington.

  • UK Group Data Breach Claims Pose Big Financial Risks

    Author Photo

    Recent English court decisions appear to make it easier for data breach victims to bring collective actions, and consequently companies may find they are liable for huge sums in addition to fines under the General Data Protection Regulation, say attorneys at Morrison & Foerster.

  • A Crucial Chance For UK Supreme Court To Clarify Arbitrator Bias

    Author Photo

    In Halliburton v. Chubb, the U.K. Supreme Court has an opportunity to tackle uncomfortable questions and support confidence in London's arbitration sector by policing effectively against bias and impartiality when arbitrators are involved in multiple tribunals, says Rosie Wild at Cooke Young.

  • Rebuttal

    Legal Industry Should Pursue AI Prediction Progress

    Author Photo

    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

    Author Photo

    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.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Insurance UK archive.