Insurance UK

  • July 24, 2025

    CMS, Sackers Guide £40M Pension Deal For Engineering Body

    Pension Insurance Corp. said Thursday that it has completed a £40 million ($54 million) buy-in transaction to acquire the pensions of 200 members of the Mechanical Engineers Pension Scheme in a deal guided by CMS Cameron McKenna Nabarro Olswang LLP and Sackers.

  • July 24, 2025

    BoE Speeds Up Insurance Vehicle Approvals To Boost Growth

    The Bank of England put into force Thursday rules speeding up authorizations for a type of insurer known as special purpose vehicles, slashing related compulsory senior manager applications with immediate effect to boost U.K. growth.

  • July 24, 2025

    SFO Charges 6 With Fraud Over £75M Pension Investments

    The Serious Fraud Office charged six individuals with fraud and money laundering on Thursday over alleged misrepresentations made to investors who poured £75 million ($101 million) from their pensions into self-storage units.

  • July 24, 2025

    Lloyd's Grants Provisional Approval For South African Insurer

    Specialist insurance market Lloyd's of London has granted "in principle" the go-ahead for Santam to launch a syndicate in London, a move the South African company said will fast-track its international growth.

  • July 24, 2025

    Chesnara Raises £140M To Fund HSBC Life Buy

    British pensions company Chesnara PLC said Thursday that it has raised approximately £140 million ($190 million) to partly fund the £260 million acquisition of the specialist life protection and investment bond provider of banking giant HSBC.

  • July 24, 2025

    Pinsent Masons Guides £11M DAC Beachcroft Pension Deal

    DAC Beachcroft LLP's pension plan has agreed to an £11 million ($14.9 million) full scheme buy-in with insurance giant Aviva PLC, consultancy Broadstone said Thursday.

  • July 24, 2025

    Gov't Warned Over Risks From Captive Insurance Reform

    A light-touch capital regime for U.K. businesses that want to insure themselves could pose new systemic risks to the economy, a credit ratings agency has warned.

  • July 24, 2025

    Brown & Brown To Buy UK Racehorse Insurance Broker

    The European subsidiary of insurance broker Brown & Brown Inc. has agreed to acquire Weatherbys Hamilton LLP, a specialist U.K. broker that offers cover for farms, estates and racehorses.

  • July 23, 2025

    MPs Call For Gov't Strategy To Fix 'Pensioner Poverty'

    A committee of lawmakers called on the government on Thursday to make it easier for people in retirement to claim benefits as the number of older citizens slipping into poverty continues to climb.

  • July 23, 2025

    Fund Managers Ask EU Watchdog To Simplify Investing Rules

    A trade body for European fund managers has urged the EU's financial markets regulator to streamline the "complex and time‑consuming" retail investment process, eliminating burdens that prevent savers from making better investments.

  • July 23, 2025

    Insurance Actuaries Told To Review Modeling Assumptions

    Insurance actuaries should review their modeling assumptions to factor in falling prices, among a range of changing market conditions Lane Clark & Peacock LLP flagged as significant going into 2026.

  • July 23, 2025

    Insurer CPP Group To Sell India Biz For Up To $21M

    U.K. insurance products provider CPP Group PLC said Wednesday it has agreed to sell its Indian unit to two local buyers for up to $21 million to exit the "increasingly constrained" business and focus on its new technology platform.

  • July 23, 2025

    FCA Criticizes Firms For Slow Fixes To Reporting Failures

    The Financial Conduct Authority warned regulated companies on Wednesday that it has found deficiencies in transaction reporting, with some taking too long to address compliance failings.

  • July 23, 2025

    Aviva Study Identifies Gender Gap In UK Pension Engagement

    Insurance giant Aviva said Wednesday that men are more likely than women to see themselves as the pension planner in their household.

  • July 22, 2025

    Racecourses Lose Early Fight In £80M COVID Cover Battle

    A racecourse business shuttered during the COVID-19 pandemic on Tuesday lost its case that £2.5 million ($3.4 million) insurance limits applied to every canceled race, with a London court ruling that each event was not a separate point of loss.

  • July 22, 2025

    JMW Guides £4M Pension Deal For Church Scheme

    Pension insurer Just Group has taken on £4 million ($5.4 million) worth of retirement savings liabilities from a scheme linked to a Christian church, in a deal put together by pensions consultancy K3 Advisory and guided by law firm JMW Solicitors.

  • July 22, 2025

    BoE Chief Vows To Speak Up If Deregulation Goes Too Far

    Andrew Bailey told a cross-party group of lawmakers Tuesday that he would speak out if the Treasury tries too hard to deregulate the financial services industry, adding that bank ring-fencing must remain in place.

  • July 22, 2025

    Atradius Syndicate Gets 'In Principle' OK For Lloyd's Launch

    Specialist insurance market Lloyd's of London has "in principle" given the green light for the operation of the Atradius Syndicate 1864, a new underwriting platform of the credit insurer.

  • July 22, 2025

    DWF Beats Data Privacy Challenge In Injury Fraud Evidence

    A London court tossed claims Tuesday that DWF Law LLP broke data protection laws when it analyzed and shared health information from three former personal injury claimants in a bid to expose alleged fraud patterns in road traffic accident cases.

  • July 22, 2025

    FCA Warns Insurers On Poor Claims Handling

    The City watchdog on Tuesday warned U.K. insurers over delays in paying claims and high rejection rates, as consumer groups called for enforcement action.

  • July 22, 2025

    Insurers Push For Clear Liability Rules On Autonomous Flight

    Britain's politicians must redraw the legal framework for liability over new autonomous aviation technology, a trade group for underwriters said on Tuesday, adding that a "clear and enforceable" regulatory regime will help insurers support the emerging sector.

  • July 22, 2025

    Gov't Sets Out Plan To Include Pensions In Inheritance Tax

    The government has confirmed that it is pushing ahead with plans to apply inheritance tax to wealth transferred through pensions in a move that experts say marks a "seismic" change for the sector.

  • July 22, 2025

    NCA Calls For Crypto-Data Sharing In £100B AML Battle

    The National Crime Agency has called for financial services companies to share data with law enforcers to improve identification of illicit cryptocurrency activity as it seeks to combat the estimated £100 billion ($135 billion) laundered in the country every year.

  • July 21, 2025

    New AI Audit Standard Aims To Tame 'Wild West' Market

    The British Standards Institution on Monday unveiled what it called the world's first standard for companies independently auditing artificial intelligence systems amid concern over a potential "wild west" of unchecked providers.

  • July 21, 2025

    Ex-Union Lawyer Loses Claim Job Lost Over Whistleblowing

    A former solicitor for the National Education Union has lost her claim that she was fired for raising concerns about its insurance cover, as an employment tribunal ruled she was actually dismissed for refusing to work.

Expert Analysis

  • UK Supreme Court Ruling Clarifies Arbitrator Bias Standard

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    The U.K. Supreme Court's judgment in Halliburton v. Chubb, likely the court's most important decision in the area of international arbitration in the past decade, articulates important guidelines for how English courts will police issues of arbitrator disclosure and bias, even as it fuels concerns among insurance policyholders, say Allan Moore and Ramon Luque at Covington.

  • Evaluating Ethical And Legal Risk In Ransomware Payments

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    Deciding whether to pay the demanded ransom during a cyberattack is complex and requires a careful balancing of the risks to the firm's business against the reputational and regulatory risks, but companies can also prepare for this eventuality by taking concrete steps now, say Rob Dedman and Kim Roberts at King & Spalding.

  • How Climate, Finance And Trade Will Intersect In 2021

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    In the coming year, the Biden administration will likely align its policies on climate change, finance and trade more closely with those of international partners and organizations, leading to more coordinated action on climate standards that will be applied across the global economy, say consultants at C&M International.

  • Perspectives

    Finding A Path Forward To Regulate The Legal Industry

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    Gerald Knapton at Ropers Majeski analyzes U.S. and U.K. experiments to explore alternative business structures and independent oversight for law firms, which could lead to innovative approaches to increasing access to legal services.

  • Whether And How To Compel Remote Arbitration

    Excerpt from Practical Guidance
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    As the pandemic delays in-person arbitration hearings, mediator and arbitrator Theodore Cheng provides arbitrators with a checklist to examine the rationale and authority for compelling parties to participate in remote hearings.

  • Creditors Welcome UK Supreme Court's Reflective Loss Decision

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    The U.K. Supreme Court's recent Sevilleja v. Marex decision benefits creditors and other stakeholders by excluding their claims from the reflective loss principle, which precludes third-party complaints that merely reflect company loss, say Robert Fidoe and Jack Moulder at Watson Farley.

  • How Courts Are Encouraging Mediation In England And Wales

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    As the judiciary braces for widespread pandemic-driven contractual disputes, courts in England and Wales are showing enthusiastic support for mediation, both when determining the implications of a party's refusal to mediate and when assessing whether normal restrictions on the use of mediation-derived information apply, says Leah Alpren-Waterman at Watson Farley.

  • Opinion

    EU Class Action Policy Guided By Wrong Measure Of Success

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    The political agreement obtained last month on the first European Union-wide rules on collective redress illustrates the fact that the main goal of the authorities is to increase the number of class action claims rather than focus on the application of standard civil liability principles, says Sylvie Gallage-Alwis at Signature Litigation.

  • An Attractive Regime For Governing Jurisdiction Post-Brexit

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    As indicated by the U.K.'s recent application to join the Lugano Convention, this is an "oven-ready" option for the U.K. for governing questions of jurisdiction and the enforcement of judgments with European Union countries after Brexit — but not without important differences from the current regime, say attorneys at Latham.

  • Reinsurance Implications Of COVID-19 Biz Interruption Laws

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    In light of legislative and public pressure in the U.S. and U.K. on insurers to cover business interruption losses related to COVID-19, reinsurers will face new questions regarding their obligation to cover claim payments, say Robin Dusek at Saul Ewing and Susie Wakefield at Shoosmiths.

  • UK Appellate Rulings Clarify Arbitral Choice Of Law

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    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

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    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

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    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

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    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

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    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.

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