Insurance UK

  • March 13, 2026

    Allianz Uncovered Record Levels Of Insurance Fraud In 2025

    Allianz UK has said it detected £174 million ($231 million) worth of insurance fraud in 2025 — 10.5% more than in 2024, its previous record year, as criminals changed their tactics.

  • March 13, 2026

    Industry Backs Gov't Plan To Limit Pension Investment Power

    The British government's move to limit a controversial measure designed to mandate pension funds to make certain investments is a "positive step," pensions trade groups have said.

  • March 13, 2026

    FCA Sees Banks, Insurers Liaising Poorly With Consumers

    The Financial Conduct Authority said Friday in a review that some banks, insurers and others used overlong documents to inform customers, pointing out Consumer Duty expectations.

  • March 13, 2026

    Impact Of Iran War Manageable So Far For Global Reinsurers

    The impact of the war in the Middle East is limited so far for global reinsurers, a ratings agency has said, but it warned that this could change if the conflict drags on.

  • March 13, 2026

    M&A Surges 14% In European Insurance Sector In 2025

    Mergers and acquisitions in the European insurance sector reached a record high in 2025, driven by private equity-backed consolidators and rising interest in specialty insurers, according to FTI Consulting Inc.

  • March 12, 2026

    New Fraud Unit Faces Hurdles To Take On Overseas Scams

    A new anti-fraud unit built to disrupt the growing threat to national security posed by online scammers fills gaps left in the enforcement landscape, lawyers say — although there are hurdles for prosecution of suspects, particularly when many scams originate thousands of miles away.

  • March 12, 2026

    UK Personal Pension Transfer System 'Not Fit For Purpose'

    Policymakers should slash the statutory deadline for pension transfers from six months to 30 working days, a group of digital retirement savings platforms said Thursday, as they proposed several changes to a system they described as "not fit for purpose."

  • March 12, 2026

    EU Watchdog Reveals Plans To Boost Investing, Supervision

    The European Union's financial markets watchdog set out plans on Thursday to simplify retail investing, having found that consumers mistrust markets because of conflicts of interest, high fees and insufficient enforcement against scams.

  • March 12, 2026

    Barnett Waddingham, Insurer PIC Expand Partnership

    Consulting and administration firm Barnett Waddingham said Thursday it has extended its partnership with specialist coverage firm Pension Insurance Corp. by taking on full administration services for two defined benefit pension schemes progressing toward full buyout.

  • March 12, 2026

    Iran Oil Crisis Not Due To Lack Of Insurance, Trade Body Says

    Oil tankers are staying away from the Strait of Hormuz because of concerns about safety rather than a scarcity of insurance, an insurance trade body has said.

  • March 12, 2026

    Insurers Back Bid To Boost Outcomes For Pension Savers

    The Association of British Insurers has given its backing to proposals by Britain's finance watchdog to focus on ensuring long-term value and better outcomes for pension savers in 2026.

  • March 11, 2026

    FCA Rebalances Insurance Priorities With Fewer Rules

    The Financial Conduct Authority has said it will attempt to avoid creating new rules for the insurance sector to cut regulatory red tape and help business, raising concerns that the watchdog is softening its commitment to protect consumers.

  • March 11, 2026

    Pensions Sector Told To Protect Against Impersonation Fraud

    Britain's retirement savings watchdog said Wednesday that the pensions industry must take immediate action to protect savers amid a reported rise in impersonation fraud.

  • March 11, 2026

    Hogan Lovells Guides Dutch Insurer On €8B Pension Deals

    Dutch insurer Achmea Pension & Life Insurance said Wednesday it has offloaded €8 billion ($9.3 billion) of the longevity risk on its pension liabilities to Munich Re and Pacific Life Re in a deal steered by Hogan Lovells International, Marcfarlanes, NautaDutilh and Debevoise.

  • March 11, 2026

    Legal & General To Start Record £1.2B Shares Buyback

    Legal & General Group PLC said Wednesday it will begin a £1.2 billion ($1.6 billion) shares buyback, the largest in its history, as the British insurer and asset manager moves to return surplus capital to shareholders while reshaping its business.

  • March 11, 2026

    Direct Line Unit Fined £10.6M For Solvency Miscalculation

    The Prudential Regulation Authority said on Wednesday that it has fined UK Insurance Ltd. £10.63 million ($14.27 million) for miscalculations that led the insurer to overstate its solvency position to the watchdog and the market.

  • March 10, 2026

    Insurer Can't Oust Arbitrator In Asbestos Fight, Court Told

    An arbitrator and a group of reinsurers sought to toss an insurer's bid to disqualify the arbitrator from a dispute over coverage for millions of dollars' worth of asbestos bodily injury claims, telling a New York federal court that it lacks authority to remove him.

  • March 10, 2026

    UK Pension Surplus Growth May Dip Amid Middle East War

    The conflict in the Middle East has introduced "significant volatility and uncertainty" for pension scheme trustees despite the aggregate funding surplus of U.K. defined benefit plans growing in February, Broadstone said Tuesday.

  • March 10, 2026

    Canada Life Completes £105M Pension Buy-In Deal

    Canada Life said Tuesday it has completed a £105 million ($141.4 million) full-scheme buy-in with a U.K. pension scheme sponsored by an unidentified industrial company, securing benefits for more than 1,800 members.

  • March 10, 2026

    FCA Pushes Pension Providers For Input On Value Creation

    The Financial Conduct Authority called on pensions providers and managers on Tuesday to prioritize further engagement with the regulator on a planned framework for workplace pensions, asking them to show how much value for money they offer.

  • March 10, 2026

    FRC Investigates Vistry Accountants Over Financial Forecasts

    The U.K.'s accounting watchdog on Tuesday launched a probe into two former employees of Vistry in the wake of a £165 million ($222 million) miscalculation two years ago that cut into the homebuilder's profits.

  • March 10, 2026

    UK Insurers' Body Backs 'United' Gov't Anti-Fraud Strategy

    The Association of British Insurers said on Tuesday that it backed the "united approach" at the heart of the government's latest fraud strategy, which is designed to prevent the most common crime in the U.K.

  • March 10, 2026

    Insurer Sabre Eyes Another £5M Buyback As Premiums Fall

    Sabre Insurance Group PLC said Tuesday that it will reward shareholders with another share repurchase program worth up to £5 million ($6.7 million) as it reported lower premiums.

  • March 09, 2026

    Retailer Can't Add Broker To Rosenblatt Negligence Case

    A fashion retail entrepreneur cannot sue an insurance broker as part of a wider negligence case against a law firm over the collapse of his fashion brands Jaeger and Aquascutum, with a London judge ruling that he must keep the total number of defendants at 19. 

  • March 09, 2026

    Insurers Sued For £35M Over Failure To Cover PI Claims

    A pensions provider has sued a group of insurers for failing to indemnify it for payouts to hundreds of investors, asking the court to restore the £35 million ($47 million) annual liability limits of its policies once the sum had been paid out in claims.

Expert Analysis

  • 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.

  • German Draft Bill Reflects Trend Toward New Antitrust Tools

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    A recently proposed amendment to the German Act against Restraints on Competition continues the trend in Europe to equip authorities with greater powers, shifting from a more traditional approach to a more extensive market protection tool, say attorneys at Gibson Dunn.

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