Insurance UK

  • July 09, 2025

    Authorities Urged To Stagger Local Gov't Pension Fixes

    The U.K. government should stagger the raft of proposed fixes to the Local Government Pension Scheme so as not to overwhelm administrators, Hymans Robertson has warned, calling for expectations to be realistic.

  • July 09, 2025

    BoE Flags Cyber Risk Blind Spots In Stress Test

    The Bank of England's regulatory arm has warned companies that financial firms are ill-prepared for a cyberattack that threatens timely settlements.

  • July 09, 2025

    Zurich Loses Appeal For Software Patent At EPO

    Zurich Insurance has lost its latest attempt to secure a patent over its software that helps multiple users work on a project, failing to convince a European appeals board that the technology is inventive.

  • July 09, 2025

    CMS Guides Utmost On 4 Pension Deals Worth £177M

    Utmost Life and Pensions said on Wednesday that it has penned four retirement savings deals worth £177 million ($240 million) since the start of 2025.

  • July 08, 2025

    Howden Teams Up With Law Firm For Crypto Theft Product

    Broking giant Howden has released a cryptocurrency theft insurance and recovery product in partnership with law firm Lawrence Stephens, in what it called a first-of-its-kind solution for the sector. 

  • July 08, 2025

    EU Markets Regulator Unveils Plan To Cut Emissions By 2030

    Europe's financial markets watchdog published Tuesday its first climate transition plan as a step toward meeting the European Union's climate objectives.

  • July 08, 2025

    2 Firms Steer Insurance Group CRC's Lloyd's Underwriter Buy

    The wholesale insurance broker CRC Group has agreed to acquire the U.K.-based underwriting business Atrium from private equity firm Stone Point Capital.

  • July 08, 2025

    Underwriters Back FCA Move To Pare Back Insurance Rules

    A trade group representing underwriters in London has backed plans floated by the Financial Conduct Authority to ax unnecessary requirements from its insurance rule book, but said areas of the proposals require clarification.

  • July 08, 2025

    Insurance Consultancy BW Acquires Cybersecurity Firm

    Barnett Waddingham said Tuesday it has acquired advisory business Risk Evolves, a move the insurance consultancy expects will strengthen its offering for clients.

  • July 07, 2025

    PRA Flags Risks In Pension Deals Over Solvency Clauses

    The regulatory arm of the Bank of England has warned the insurance industry that certain clauses in the terms of bulk purchase annuity transactions could expose them to risks totaling approximately £50 billion ($68 billion).

  • July 07, 2025

    Pension Regulator Teams With Industry On Net-Zero Transition

    The Pensions Regulator said Monday it will work with workplace pension schemes and financial advisers to develop a format for occupational pension schemes to develop voluntary transition plans in line with the government's aim to reach net-zero by 2050.

  • July 07, 2025

    First Valuation Submitted Under New Pension Funding Code

    Barnett Waddingham said Monday it had filed the first pension valuation of a retirement scheme under the new defined benefit funding code introduced by The Pensions Regulator last year.

  • July 07, 2025

    UK Regulators To Speed Up Lloyd's Agent Approvals

    U.K. finance regulators and Lloyd's of London said Monday that they had agreed to changes to accelerate the authorization process for managing agents at the London insurance market.

  • July 07, 2025

    FCA Amends Exposed-Persons Definition In AML Guidance

    The City watchdog published amended guidance on Monday on politically exposed persons that loosen the rules for holders of prominent public positions in the U.K., in a bid to make the safeguards more proportionate.

  • July 07, 2025

    Actuaries Warn Over Safeguards In Pension Surplus Rules

    Most consulting actuaries do not believe that there should be a level at which pension plan trustees are required to release surplus funds tied up in their plans, in line with measures announced by the government, a trade body said Monday.

  • July 07, 2025

    Gov't Pension Reforms Could Add £29K To Workers' Savings

    Millions of U.K. savers on average salaries could see their pension pots rise by up to £29,000 ($39,400) by their retirement date once proposed reforms that aim to "revolutionize" the sector are enacted, the government revealed on Monday.

  • July 04, 2025

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

    The past week in London has seen the owner of Crystal Palace and the troubled Olympique Lyonnais football clubs sue its current chief executive John Textor, Fieldfisher faces a claim by Georgian businessman Zaza Okusahvili, and a dispute partner at Travers Smith file a personal injury claim against the firm.

  • July 04, 2025

    Financial Trade Body Sets Out Proposals For Growth To Gov't

    A trade body for financial institutions published on Friday its recommendations on HM Treasury's plans to support growth and reinforce Britain's position as a global financial center, including reconsideration of the Consumer Duty.

  • July 04, 2025

    UK Pensions Body Warns Over £15M Lifeboat Scheme Levy

    The U.K. government should abolish an administration levy for the pension compensation scheme, a trade body has warned, after it emerged that retirement savings plans faced an unexpected £15 million ($20.5 million) bill.

  • July 04, 2025

    UK Pension Funds Braced For Further Trump Tariff Volatility

    The U.K. pensions sector could face further market volatility in the second half of 2025 because of renewed trade tariffs or geopolitical conflicts, a consultancy warned Friday.

  • July 04, 2025

    Wider FCA Misconduct Rule Risks Over-Reporting Of Staff

    The rule change proposed by the Financial Conduct Authority on non-financial misconduct for 37,000 companies outside the banking sector will generate pressure on businesses to protectively report employees to the regulator rather than risk later accusations of noncompliance.

  • July 04, 2025

    Sidley, A&O Shearman Steer Athora's £5.7B Pensions Biz Buy

    Retirement group Athora Holding Ltd. will buy U.K. buyout specialist Pension Insurance Corp. for £5.7 billion ($7.8 billion) from an investment consortium, the companies have confirmed, a transaction that will create an insurance savings heavyweight in Europe.

  • July 03, 2025

    UK Insurance Agency M&A Down 35% In 1st Half

    The pace of domestic mergers and acquisitions in the U.K. insurance market slowed down considerably in the first half of 2025, making it the slowest six-month period for M&A activity in the sector since the first half of 2019, a financial services consultancy said Thursday.

  • July 03, 2025

    EU Regulators Close Ranks To Fight Money Laundering

    Europe's financial regulators said on Thursday they would work with the bloc's new central anti-money laundering watchdog to ensure the effective exchange of information to combat white-collar crime.

  • July 03, 2025

    Ex-Pensions Ombudsman Urges Gov't To Sustain Funding

    The former head of the Pensions Ombudsman has praised the work of an anti-fraud unit established four years ago after it emerged that the government was pulling funding for the service.

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.