Insurance UK

  • April 15, 2025

    UK Gender Pensions Gap Widening, PensionBee Finds

    Male customers of PensionBee saved an average of £507 ($671) more in retirement plans than women did in 2024, according to figures published by the retirement savings provider.

  • April 15, 2025

    Schroders Tapped To Manage £2.1B Scottish Friendly Portfolio

    Schroders said Tuesday it has been appointed to manage a £2.1 billion ($2.8 billion) portfolio by life insurance mutual company Scottish Friendly.

  • April 15, 2025

    Marine Insurers Cut Premiums Despite Claims Inflation

    The marine insurance market could face losses if premiums continue to soften in the face of mounting claims inflation, a broker warned.

  • April 15, 2025

    Most Drivers 'Unsure' What To Do After Injuries From Crash

    About two-thirds of drivers do not know what steps to take if someone is injured after a collision, insurance giant Aviva has said, while 45% are unsure what to do after a crash that damages property or another vehicle.

  • April 15, 2025

    DLA Piper Helps KKR Buy £100M Properties From L&G

    U.S. private equity heavyweight KKR said on Tuesday that it has purchased a portfolio of three properties from British financial services group Legal & General for more than £100 million ($132 million).

  • April 15, 2025

    Freshfields-Led Insurtech Biz Raises $90M, Hits $2B Valuation

    Marshmallow said Tuesday that it has raised $90 million from investors, including Portage and BlackRock, which values the British insurance startup at $2 billion and allows it to expand globally.

  • April 14, 2025

    Firm Owner, Consultant Sanctioned Over Misled Insurer

    A London tribunal has sanctioned a law firm owner who knowingly allowed another lawyer to manage the firm's bank accounts in breach of the conditions of his practicing certificate.

  • April 14, 2025

    EU Council Greenlights Delay To Sustainability Rules

    The Council of the European Union said on Monday that it has formally approved a proposal that will temporarily delay the implementation of two flagship sustainability directives across the bloc.

  • April 14, 2025

    Pensions Body Warns Of Risks Of AI Adoption

    The U.K.'s tough regulatory environment will mean that artificial intelligence is unlikely to replace pension trustees in key decision-making roles anytime soon, a trade body said.

  • April 14, 2025

    Pension Trustees Warned To Plan Ahead In Dashboard Prep

    U.K. pension plans have been warned to plan for bottlenecks in processing customer data as they prepare to meet deadlines for new government-backed online portals.

  • April 14, 2025

    Squire Patton Guides £120M Pensions Deal For Utilities Co.

    Pensions insurer Just Group said on Monday that it has taken on £120 million ($158 million) in retirement savings liabilities from a plan sponsored by a U.K. water supplier, in a deal guided by Squire Patton Boggs.

  • April 14, 2025

    A&O Shearman-Led Ageas Inks £1.3B Deal For UK Insurer

    Belgian insurer Ageas said Monday that it has reached an agreement with Bain Capital to buy Esure Group PLC, which provides motor and home cover, for £1.295 billion ($1.7 billion) as it moves to expand in the U.K. online market.

  • April 11, 2025

    FCA Warns Banks To Improve Bereavement Support

    The Financial Conduct Authority warned banks and building societies on Friday to give better treatment to clients who experience bereavement or register a power of attorney.

  • April 11, 2025

    Court Affirms Nix Of £2M VAT Refund For Cars' Data Devices

    The British Court of Appeal affirmed Friday that a company wasn't entitled to recoup £2 million ($2.6 million) in value-added tax charged on the installation of event-data-recording devices in cars.

  • April 11, 2025

    Teacher Loses Racial Bias, Harassment Claim

    An employment tribunal has thrown out a teacher's claims that staff at a grammar school in southeast England discriminated and harassed her, putting an end to her case after she'd already had allegations that the head teacher committed insurance fraud to pay his solicitors tossed out.

  • April 11, 2025

    UK Urged To Reduce Gov't Interference In Pension Sector

    The U.K. government should consider freeing pension providers to allocate the assets wherever they choose to maximize returns and boost the country's economic growth, an industry association has said.

  • April 11, 2025

    Hannover Re To Buy Swiss Re's Australian Insurance Portfolio

    A Hannover Re unit has agreed to acquire the Australian direct life insurance portfolio of Swiss Re for an undisclosed amount following the Swiss reinsurer's decision to exit the loss-making business globally.

  • April 11, 2025

    Lessors Deny Jurisdiction Clause Breach In $10B Planes Case

    A group of aircraft lessors have hit back at a counterclaim from insurers in a $10 billion dispute over payouts for planes stranded after Russia's invasion of Ukraine, arguing they haven't breached jurisdiction clauses with claims in England.

  • April 11, 2025

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

    This past week in London has seen law firm Michael Wilson & Partners reignite a 20-year dispute with a former director over an alleged plot to form a rival partnership, headphone maker Marshall Amplification sue a rival in the intellectual property court, and a commercial diving company pursue action against state-owned nuclear waste processor Sellafield. Here, Law360 looks at these and other new cases in the U.K.

  • April 10, 2025

    Watchdog Finds Trustees Failing To Assess Climate Risk

    The Pensions Regulator warned Thursday that many trustees of smaller direct contribution pension schemes are failing to consider risk to investments from climate change and should consider quitting the market.

  • April 10, 2025

    Pensions Watchdog Adds 2 Finance Pros To Senior Staff

    Britain's pension schemes regulator said Thursday that it has added two financial experts to senior positions "to help meet the challenges of the evolving and increasingly commercial pensions market."

  • April 10, 2025

    Goldman-Backed Broker Buys UK Rival Moore Robinson

    Insurance intermediary Clear said Thursday that it has acquired Moore Robinson Ltd., a specialist property broker based in the City of London, as the group moves to strengthen its U.K. retail arm.

  • April 10, 2025

    Pensions Regulator's AI Tool Takes Aim At Criminals

    The retirement savings watchdog has helped develop artificial intelligence technology to identify and remove websites that attempt to defraud people and steal their pension funds.

  • April 10, 2025

    FCA Boss Rathi Appointed To 2nd Term With Growth Focus

    HM Treasury said Thursday that it has reappointed Nikhil Rathi as chief executive of the Financial Conduct Authority to continue its reform of the regulations to support economic growth.

  • April 09, 2025

    Gallagher Liable For Data Breach Insurance Cover Failure

    Gallagher must compensate a housing trust for its botched handling of insurance cover following a data breach, after a London court ruled that the trust had lost out on the chance to be insured for a combined total of up to £11 million ($14 million) across three different policies.

Expert Analysis

  • What Slovak Labor Code Changes Will Mean For Employers

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    With newly effective amendments to the Slovak Labor Code strengthening employees’ rights in a number of ways, the default mindset of the employee being the weaker party may no longer be the right approach, says Katarina Pfeffer at Bird & Bird.

  • An ICO Reminder On Managing Subject Access Requests

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    Although the U.K. Information Commissioner's Office’s recent seven reprimands regarding mismanagement of data subject access requests are unusual, it is worth organizations considering what resources and training may be available to ensure these are properly managed in the future, says Ross McKenzie at Addleshaw Goddard.

  • Opinion

    Increasing Law Firm Polarization Will Degrade Rule Of Law

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    As evidenced in recent instances of law firms separating from attorneys who represented certain industries or espoused certain views, firms and the legal practice itself have grown troublingly polarized and intolerant of dissent, says Rebecca Roiphe at New York Law School.

  • The FTX Fallout So Far And What May Come Next

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    While the downfall of FTX is likely to cause substantial losses and lead to extensive litigation, it will hopefully precipitate a renewed focus on regulating the crypto market in a responsible way that gives more protection to consumers, says Dan Wyatt at RPC.

  • Hard Insurance Market Will Influence Legal Industry, Economy

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    As the cost of claims starts to outstrip the value of premiums, insurers are denying more claims and considering scaling back coverage, leading to an influx of legal work and potential holes in the market, says Bruce Hepburn at Mactavish.

  • Digital Nomads: Key Considerations For Global Businesses

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    As employers and employees embrace remote, location-independent work arrangements enabled by technology, they must be mindful of the employment law and tax consequences such arrangements may trigger, say Hannah Wilkins and Audrey Elliott at Eversheds Sutherland.

  • New License Eases Sanctioned Clients' Legal Fee Payments

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    The general license recently issued by the U.K. Office of Financial Sanctions Implementation permitting the payment of legal fees owed by a sanctioned company or individual will potentially reduce the agency's backlog and is welcome news for both lawyers and OFSI staff, say Zulfi Meerza and Syed Rahman at Rahman Ravelli.

  • Preparation Is Key To Businesses Minimizing Cyber Breaches

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    A recently published report by the U.K. Department for Digital, Culture, Media and Sport on organizational experiences of cybersecurity breaches highlights the importance of having breach response policies in place and being able to demonstrate that reasonable preventive and risk management steps were taken, says Lawson Caisley at White & Case.

  • UK Policyholders Can Expect Better COVID Claims Handling

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    The U.K. Financial Conduct Authority recently outlined some best practices for COVID-19 business interruption claims handling, which, along with recent High Court of Justice decisions, will likely lead to faster claims handling and clearer insurer communication, say Gurpreet Sanghera and Charlie Edwards at Simkins.

  • A Recovery Option For Lenders With Planes Stuck In Russia

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    For aircraft lessors considering insurance coverage litigation to recover for losses of equipment leased to Russian airlines, negotiating an assignment of rights may provide a faster pathway to recovery, say David Klein and Jose Lua-Valencia at Pillsbury.

  • Series

    My Favorite Law Prof: How I Learned To Argue Open-Mindedly

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    Queens College President Frank Wu reflects on how Yale Kamisar’s teaching and guidance at the University of Michigan Law School emphasized a capacity to engage with alternative worldviews and the importance of the ability to argue for both sides of a debate.

  • 4 Key Skills For An Effective Attorney Coaching Conversation

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    As BigLaw firms are increasingly offering internal coaching as one of many talent strategies to stem ongoing lawyer attrition, Stacey Schwartz at Katten discusses how coaches can help attorneys achieve their goals.

  • New Clarity On Directors' Creditor Duty In Insolvency Context

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    The recent case of BTI 2014 v. Sequana, the first to consider the creditor duty at U.K. Supreme Court level, provides directors and insolvency practitioners with significant guidance on how close to insolvency the company needs to be for the creditor duty to be engaged, say attorneys at Shearman.

  • FCA Pension Scheme Case Highlights Issues Ripe For Reform

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    The Financial Conduct Authority's response to the British Steel Pension Scheme case exposed wider issues within its regulatory approach and could demonstrate the need for industrywide reforms to minimize the risks with transferring out of a pension scheme, say Oliver Reece and Larisa Gordan at PwC.

  • What An Organization Can Do To Protect Its Supply Chains

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    In light of recent world events, supply chain issues have never been more critical for business, and to protect the commercial viability of their contracts, organizations should address performance concerns in good time, with a workable strategy in place should the chain break down, says Laura Heeley at Eversheds Sutherland.

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