Insurance UK

  • July 29, 2026

    TUI Defeats Pilots' Challenge Over Union-Backed Benefit Cuts

    Travel company TUI lawfully reduced long-term illness benefits for a group of pilots receiving income protection payments because the changes were made through a collective agreement with their union rather than being imposed unilaterally, an appeals court ruled Wednesday.

  • July 29, 2026

    Pensions Lifeboat Probes Impact Of Insurance Pricing Shift

    The pensions compensation program has said it is examining how changes in insurance pricing might affect how it assesses distressed retirement plans.

  • July 29, 2026

    German Finance Watchdog Starts Looking For AI Breaches

    Germany's financial markets regulator said Wednesday it will begin actively monitoring whether banks and insurers comply with the European Union's Artificial Intelligence Act, with rule-breakers facing fines of up to €35 million ($39 million).

  • July 29, 2026

    WTW Works With CMS On Simplified Longevity Insurance

    Insurance broker WTW has partnered with law firm CMS to establish a service aimed at broadening access to a £170 billion ($226 billion) longevity insurance market for smaller pension plans.

  • July 29, 2026

    Burges Salmon-Led Aston Martin Scheme Seals Aviva Deal

    Carmaker Aston Martin has completed a £180 million ($239 million) bulk purchase annuity buy-in, securing the pensions of almost 1,600 members, Aviva PLC said Wednesday.

  • July 29, 2026

    Brokerage Buys Gibraltarian Biz Managing £3.8M In Premiums

    Seventeen Group has acquired Senate Insurance Brokers of Gibraltar as the U.K. insurance intermediary seeks to expand its presence in the British overseas territory and southern Spain.

  • July 28, 2026

    UK Pension Providers Back £1B Fund For Biz Startups

    A consortium of the largest U.K. pension providers is working to establish a £1 billion ($1.3 billion) fund to invest in British startup businesses, the government has said.

  • July 28, 2026

    Regulator Secures Win For Construction Co. Pension Plan

    The U.K.'s pensions watchdog said Tuesday that it has secured a settlement to protect members of a retirement plan after taking action against a construction company and a connected business it accused of avoiding £251,600 ($334,000) of debt.

  • July 28, 2026

    Bridgepoint Employee Group Sells £62M Share Stake 

    A Bridgepoint employee group has sold approximately 2% of the investment company's shares for around £62.4 million ($83 million) in a secondary share sale, broker BNP Paribas said Tuesday.

  • July 28, 2026

    EU Wildfires Unlikely To Hit Insurers Unless Losses Spread

    The insurance sector is unlikely to face a major hit from wildfires in Spain and France unless they spread to urban areas, new market analysis from a credit rating agency has shown.

  • July 28, 2026

    Skadden Steers MGA Optio On Sale To Cinven, La Caisse

    Private equity firm Cinven and investor La Caisse have agreed to acquire a majority stake in Optio Group Ltd., a specialty insurance managing general agent, from existing shareholder Preservation Capital Partners.

  • July 27, 2026

    UK Court Cuts Penalties, Upholds Bans Over Pensions Advice

    A U.K. appeals court upheld the Financial Conduct Authority's decision to ban a company director and pensions adviser from the financial services sector but reduced the watchdog's penalty assessment, holding Monday that fines should be proportionate to harm caused.

  • July 27, 2026

    Insurance Co. Loses Appeal Over Dividend Tax Restitution

    An insurance company can't rely on an earlier test case to extend limits for seeking restitution on taxes paid on dividends because the test case has since been overruled, the U.K.'s top court ruled Monday.

  • July 27, 2026

    BMS Hits Back At Howden Group Over Client-Poaching Claim

    BMS Group has denied colluding with Howden Group's former head of power to poach its client, arguing the insurance group drove the client away itself by going into competition with it in the U.S. retail insurance market space. 

  • July 27, 2026

    FCA Finds Weak Monitoring In Consumer Duty Review

    Some financial businesses are failing to identify risks of harm under their consumer duty obligations because they have weak monitoring of the outcomes they deliver, according to a review published on Monday by the watchdog for the sector.

  • July 27, 2026

    Lloyd's Body Pushes Through Exclusions On Iran Tolls

    The Lloyd's Market Association has published a model clause that marine insurers can adopt under which a vessel's insurance cover ceases if its operator pays a toll to transit the Strait of Hormuz.

  • July 27, 2026

    Pensions Trustees 'Must Look Beyond Buy-In Deals'

    Trustees of U.K. defined benefit schemes should not view the completion of a pension buy-in as the end of their long-term plans, a retirement saving specialist warned Monday.

  • July 27, 2026

    Aon Debuts AI Risk Assessment Tool For Insurers

    Aon PLC said Monday it has launched a tool for businesses to assess risks associated with the adoption of artificial intelligence, as underwriters grapple with the possibility that the new technology could go rogue.

  • July 27, 2026

    FCA Launches Campaign To Help Car Finance Victims

    The Financial Conduct Authority launched a national advertising campaign on Monday to help millions of car finance customers make free complaints about hidden commissions and claim compensation.

  • July 27, 2026

    Pensions Biz Railpen Walks Away From IP Group Bid

    IP Group said Monday that it will press ahead with its existing strategy after the company's largest shareholder, a U.K. retirement savings plan for railway staff, formally withdrew from a possible takeover.

  • July 24, 2026

    UK Motor Insurance Set To Rise Despite Gov't Probe, EY Says

    The cost of motor insurance for U.K. drivers is set to rise by 16% over the next two years, Ernst & Young has said, despite efforts by the British government to curb the cost of rising car cover.

  • July 24, 2026

    UK Insurers Rattled By Sanctions Risk Of Iran Hormuz Tolls

    Insurers covering vessels transiting the Strait of Hormuz could be at risk of breaching international sanctions against Iran if they reimburse shipowners that might be forced to pay transit tolls to Tehran under any settlement reached after the war, legal experts warned.

  • July 24, 2026

    Loss Adjuster QuestGates Snaps Up Liability Claims Biz

    Loss adjusting specialist QuestGates said it has acquired liability claims business Howell Wild, a move it believes will bolster its business.

  • July 24, 2026

    Insurer Says Repair Work Not Covered In Port Crash Row

    A maritime protection and indemnity insurer has told a London court it should not have to pay out to a Brazilian logistics company for collisions involving its vessels at a grain terminal because the liabilities arose during maintenance work not covered by the policy.

  • July 24, 2026

    Clarion Denies Fake Claims In £2.9M Bond Building Row

    Clarion Housing Association Ltd. has said it did not make false representations to an insurance company to secure bonds for two development projects in England, arguing that any misunderstanding about who would be carrying out the building works was not its fault.

Expert Analysis

  • Key Takeaways From EU Proposal For Greenwashing Rules

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    If the proposal for a Green Claims Directive, with its enhanced rules on claims about a product or trader's environmental impact, is adopted, it will affect all businesses selling their products in the EU and bring major changes to the way those products are packaged and advertised, say attorneys at Shearman.

  • UK Plan For AI Rules Raises Compliance Questions For Cos.

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    The U.K. government's proposal for a new, clear and pro-innovation regulatory framework on artificial intelligence diverges from the European Union's approach, which may create incoherence and compliance burdens for businesses operating in both jurisdictions, says attorneys at Akin Gump.

  • The FCA's Timely Plan To Reform Asset Management Regime

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    The discussion paper recently issued by the U.K. Financial Conduct Authority finally addresses how, in the future, asset management regulation will work in totality from an investor, manager and distributor perspective, and its review of the purpose and balance of the regime is welcomed, says Tim Dolan at Greenberg Traurig.

  • Questions Raised By UK Plan For ESG Ratings Providers

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    HM Treasury is taking steps toward regulating environmental, social and corporate governance ratings providers, aiming to ensure adequate protection for U.K. users and level the playing field, but the potential new regime risks imposing undue regulatory burden and overlapping requirements on U.K. and overseas firms, say Ferdisha Snagg and Andreas Wildner at Cleary.

  • Review Of Senior Managers Regime Provides Useful Insight

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    Although the recently launched review of the Senior Managers and Certification Regime suggests a remodel rather than wholesale change, the topics raised illustrate the mindset of the three key stakeholders in the U.K. financial services sector, say Richard Burger and Katy O’Connor at WilmerHale.

  • Highlights Of The UK's New Economic Crime Plan

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    With the direction of the U.K. government’s newly launched second economic crime plan undeniably altered by the recent focus on kleptocrats and their money, the emphasis is now on how the U.K. can deliver a more effective approach to reducing the threat of economic crime, says Kathryn Westmore at the Royal United Services Institute.

  • How The LDI Crisis May Lead To Pensions' Negligence Claims

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    Following the liability-driven investment crisis and its impact on pension schemes, employers and trustees may now be considering if anyone is to blame for any losses arising, say Rachael Healey and Andrew Oberholzer at RPC.

  • 5 Crypto Considerations For UK Policymakers

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    A recent consultation paper from the U.K.'s HM Treasury about digital asset regulation has been touted as a cause for celebration, and while the wheels have been put into motion, there is still a lot of work to do when it comes to correctly regulating the U.K.'s cryptocurrency industry, says Oliver Linch at Bittrex Global.

  • Crypto-Asset Consultation Sets Out Direction Of Travel For UK

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    HM Treasury's phased approach in its recently published consultation on extending the U.K.'s future financial services regulatory regime for crypto-assets, although in many ways differing from parallel developments in the EU, is likely to be conducive to thoughtful policymaking, say attorneys at Cleary.

  • EU Act Offers Financial Sector A Cybersecurity Framework

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    Although unlikely to be a complete solution to all risk management issues, the Digital Operation Resilience Act, effective from 2025, will increase regulatory pressure substantially in the EU financial sector and demand compliance with several new requirements, say attorneys at DLA Piper.

  • Warranty & Indemnity Insurance Considerations For M&A

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    With increased competition and greater capacity leading to lower premiums and deal costs, warranty and indemnity insurance is now available to the wider M&A market, and may help to limit risk and help parties focus on other key elements of the transaction, says Alice Wooler at Birketts.

  • 4 Exercises To Quickly Build Trust On Legal Teams

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    High-performance legal teams can intentionally build trust through a rigorous approach, including open-ended conversations and personality assessments, to help attorneys bond fast, even if they are new to the firm or group, says Ben Sachs at the University of Virginia School of Law.

  • Lessons To Be Learned From Twitter's Latest Hacking Scandal

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    Following the report of a recent data breach at Twitter, it is clearly vital for companies to adhere to best practices in data protection and IT security arrangements, including technical measures, and proper processes and procedures that mitigate risk and provide adequate training for staff, says Simon Ridding at Keller Postman.

  • Preparing For EU's Pay Gap Reporting Directive

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    An agreement has been reached on the European Union Pay Transparency Directive, paving the way for gender pay gap reporting to become compulsory for many employers across Europe, introducing a more proactive approach than the similar U.K. regime and leading the way on new global standards for equal pay, say attorneys at Lewis Silkin.

  • Has The Liberalization Of Legal Services Achieved Its Aims?

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    Although there is still some way to go, alternative business structures are now an increasingly prominent feature of the legal services landscape, and clients can expect greater choice, improved quality and more manageable costs, as was intended by this shake-up of the profession's regulatory frameworks 15 years ago, says Dana Denis-Smith at Obelisk Support.

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