Insurance UK

  • February 24, 2025

    UK Reinsurer Can't Challenge Tyson's Fire Coverage Ruling

    A British reinsurer cannot challenge a decision barring it from pursuing arbitration in New York against the captive insurer for Tyson Foods in a coverage dispute stemming from a fire at an Alabama plant owned by the food giant, a London court ruled.

  • February 24, 2025

    UK Gov't Faces Legal Threat Over State Pension Redress

    Campaigners fighting for women to be compensated over historic state failures to inform them that their pension age had changed on Monday threatened the government with legal action over its decision not to set up a redress scheme.

  • February 24, 2025

    FCA Advice Review Findings Staves Off Mass Redress Fears

    The Financial Conduct Authority said Monday in the vast majority of cases, financial advisers have carried out suitability reviews for their clients, in a finding which experts say makes fears of a "worst-case scenario" redress program less likely to materialize.

  • February 24, 2025

    DWF Guides £4.5M Pension Deal For Christian Charity

    A youth charity has offloaded £4.5 million ($5.7 million) of its pension scheme liabilities to Just Group, the insurer said Monday, in a deal steered by DWF Law LLP.

  • February 24, 2025

    TLT-Led Pension Adviser To Buy Rival Polaris For Up To £58M

    Pensions adviser XPS said Monday it has agreed to acquire its U.K. rival Polaris Actuaries and Consultants Ltd. in a transaction worth up to £58.4 million ($73.3 million) in cash, as the group looks to provide a "full range of services" to the sector.

  • February 24, 2025

    Lloyd's Syndicate Settles In $90M COVID Losses Claim

    A Lloyd's of London syndicate has agreed to a settlement with another syndicate in a $90 million row between insurers and underwriters over losses it allegedly suffered when the COVID-19 pandemic led to trade and entertainment venues being shuttered across the world.

  • February 21, 2025

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

    This past week in London has seen Russell Brand sued by publishing house Macmillan, administrators of London Capital & Finance sue the collapsed firm's former lawyers Buss Murton Law LLP, Tesco bring a competition claim against fish suppliers, and former Entain execs sue Addleshaw Goddard over privileged information. Here, Law360 looks at these and other new claims in the U.K.

  • February 28, 2025

    DWF Hires 4 Marine Insurance Pros From Kennedys

    DWF LLP said Friday that it has recruited the head of Kennedys' marine insurance practice and three others to join its team in London.

  • February 21, 2025

    FRC Urged Not To 'Weaken' UK Stewardship Investor Code

    The Financial Reporting Council's proposal to remove references to "environment and society" in its standardized definition of stewardship for investors risks weakening the code and the outcomes it seeks to achieve, a financial services consultancy has said.

  • February 21, 2025

    Solar Panel Co. To Sell Battery Assets To Swiss Life

    Norwegian renewable energy installer Otovo ASA said Friday it has agreed to sell its solar and battery subscription assets across eight European countries to a company involved in an investment scheme managed by Swiss Life Asset Managers for 1.2 billion Norwegian krone ($108 million).

  • February 21, 2025

    RPC-Led Bishop Street Completes Buyout Of UK Underwriter

    Bishop Street Underwriters has completed its acquisition of London-based Landmark Underwriting, as the private equity-backed U.S. insurer moves to grow its global presence.

  • February 21, 2025

    Insurers Win Landmark Case On COVID Furlough Deductions

    Insurers have won the right to deduct the value of government financial support to businesses during the COVID-19 pandemic from however much they can claim against their policies, as an appeals court handed down a landmark judgment on Friday.

  • February 20, 2025

    Another Ex-Allianz Exec Gets No Time For $7B Investor Fraud

    A former managing director for Allianz SE's U.S. unit on Thursday avoided a term of imprisonment for his role in a ploy to con investors about the riskiness of a group of private funds that lost over $7 billion when the COVID-19 pandemic hit.

  • February 20, 2025

    Pensions Watchdog Shakes Up Oversight Of Largest Schemes

    The Pensions Regulator said Thursday that it would change the way it regulates the largest defined contribution retirement plans, as the watchdog shifts its focus to a more prudential role.

  • February 20, 2025

    FCA Explains Deleted Emails Plan As Modernization Move

    The Financial Conduct Authority has said its plan to delete staff emails after a year is designed to modernize how it manages its records, amid criticism that the proposals undermined transparency at the regulator.

  • February 20, 2025

    Zurich Expects To Cough Up $200M For LA Wildfire Claims

    Insurance giant Zurich said Thursday it expects to take a $200 million hit from the fires that swept Los Angeles in January, in which approximately 30 people were killed and more than 18,000 structures were destroyed or damaged.

  • February 20, 2025

    Third Of Pension Professionals Uncertain About Gov't Policy

    Approximately one in three pension professionals is unclear about the government's priorities for the sector, research by a specialist law firm has suggested, with particular uncertainty over proposals to apply tax to wealth passed on through retirement savings plans.

  • February 20, 2025

    Lloyds Sets Aside £700M For Motor Finance Probe Costs

    Lloyds said Thursday that it has set aside an additional £700 million ($880 million) to cover potential costs arising from a Financial Conduct Authority investigation into "secret" agreements on motor finance commissions and a related appeal at the top U.K. court.

  • February 19, 2025

    UK Home Insurance Premiums Rise Said To Be 'Slowing'

    Home insurance premiums increased 14% year-on-year from October to December, a price comparison site has said, but the period saw a "slowing" growth rate compared to the three months before that.

  • February 19, 2025

    Axiom Predecessor Settles COVID Coverage Fight With Aviva

    A law firm that became part of now-collapsed Axiom Ince has settled its claim with Aviva in a dispute over its business interruption insurance policy that erupted in the wake of national lockdowns imposed during the COVID-19 pandemic.

  • February 19, 2025

    FCA Calls For Probe Into Digital Wallet Competition Issues

    The Financial Conduct Authority and the Payment Systems Regulator on Wednesday urged the U.K. competition watchdog to investigate competition concerns for digital wallets because of market dominance by big tech groups like Apple and Google.

  • February 19, 2025

    Marsh McLennan Unit Buys Global Asset Management Firm

    Insurance giant Marsh McLennan has acquired institutional investment adviser Secor Asset Management, as it aims to further bolster its consulting business.

  • February 19, 2025

    UK Eyes One-Day Securities Settlements To Boost Growth

    HM Treasury said Wednesday that the chancellor has met senior representatives from the investment banking and asset management sectors to hone the government's growth strategy as the ministry supports the move ahead to one-day securities settlement.

  • February 19, 2025

    Zurich-Backed Cyber-Insurer Cowbell Joins ABI Trade Group

    A cyber-cover provider backed by Swiss insurance giant Zurich has joined the Association of British Insurers, according to an announcement made by the trade body.

  • February 18, 2025

    Pensions Pro Loses Whistleblowing Claim Amid Merger Spat

    An employment tribunal has ruled that the head of a financial planning firm did not fire her business partner for blowing the whistle on legal breaches but rather because she stopped doing her job.

Expert Analysis

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

  • 3 Ways To Leverage Vulnerability For Lawyer Well-Being

    Author Photo

    Admitting to imperfection is an elusive construct in the legal industry, but addressing this roadblock by capitalizing on vulnerabilities can increase personal and professional power, says life coach and attorney Julie Krolczyk.

  • Zurich Case Brings Clarity To Complex Contempt Proceedings

    Author Photo

    The U.K. Court of Appeal's recent decision in Zurich v. Romaine provides insight into the meaning of "in the public interest" in the context of bringing contempt proceedings against a party or witness who verifies false claims, says Matt Peacock of Signature Litigation.

  • What A No-Deal Brexit Would Mean For Dispute Resolution

    Author Photo

    In the event of a no-deal Brexit, arbitration may become a more attractive option as a dispute resolution mechanism, as it offers relatively easy enforcement and clauses that could negate some uncertainty caused by Brexit, says Donna Goldsworthy of BDB Pitmans.

  • The Problem — And Opportunity — Of Implicit Bias In The Bar

    Author Photo

    Law firms are beginning to recognize implicit bias as a problem. But too few recognize that it is also an opportunity to broaden our thinking and become better legal problem solvers, says Daniel Karon of Karon LLC.

  • Roundup

    Pursuing Wellness

    Author Photo

    In this Expert Analysis series, leaders at some of the law firms that committed to the American Bar Association's 2018 pledge to improve mental health and well-being in the legal industry explain how they put certain elements of the initiative into action.

  • Series

    Why I Became A Lawyer: Expanding The Meaning Of Diversity

    Author Photo

    My conservative, Catholic parents never skipped a beat when accepting that I was gay, and encouraged me to follow my dreams wherever they might lead. But I did not expect they would lead to the law, until I met an inspiring college professor, says James Holmes of Clyde & Co.

  • 2 Perspectives On Navigating The Litigation Funding Process

    Author Photo

    Paul Martenstyn of Vannin Capital and Daniel Spendlove of Signature Litigation share their top tips on how to get a case funded, drawing from their respective experience as a funder and a lawyer.

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.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!