Insurance UK

  • July 17, 2026

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

    The past week in London has seen Snapchat and Dolby press on with a fresh infringement claim in their ongoing patent battle, The Telegraph face an intellectual property claim by a photo archive, a group of international human rights barristers and chambers sued, and oil business Equinor embroiled in a contract dispute with BP after recently acquiring full ownership in their offshore project. Here, Law360 looks at these and other new claims in the U.K.

  • July 17, 2026

    MPs Fail To Endorse Ex-Virgin Money Boss As FRC Chair

    The British government has named Virgin Money's former chief executive Jayne-Anne Gadhia as its preferred candidate to become chair of the Financial Reporting Council, despite a parliamentary committee stopping short of backing her for the role.

  • July 17, 2026

    Howden Expands In Ireland With Financial Adviser Buy

    Insurance broker Howden has acquired Limerick-based financial advisory business Thomond Asset Management, marking the latest in a string of recent acquisitions for the company in Ireland.

  • July 17, 2026

    Thieves, Not Staff To Blame For Burberry Loss, Haulers Say

    Logistics provider Transmec has argued that an "honest and genuine" mistake allowed thieves to get away with valuable Burberry stock as it tries to fight the luxury brand's insurer, Allianz, over liability for around £1.7 million ($2.3 million) in losses.

  • July 17, 2026

    FCA Price Rules Have 'Hollowed Out' Insurance Cover

    The Financial Conduct Authority's pricing rules to prevent insurers from raising premiums for long-term policyholders each year at renewal to subsidize cheaper prices for new customers have "hollowed out" insurance products, a price comparison company has told lawmakers.

  • July 17, 2026

    DWP Scam Transfer Rules 'Unlikely To Work,' Trade Body Says

    The government must revise its planned changes to pension transfer regulations, as proposals intended to strengthen protections against scams could instead create unnecessary barriers to legitimate transfers while doing little to deter fraud, an industry body has warned.

  • July 16, 2026

    Gov't Urged To Launch Adequate Pension Income Framework

    The U.K. government should develop a clearer national framework for measuring retirement adequacy to ensure the pension system is guaranteeing savers have enough money to live well in later life, an influential trade body has said.

  • July 16, 2026

    Commissioner Reports Sharp Rise In FCA Complaint Reviews

    The Office of the Complaints Commissioner has said in its annual report that it reviewed more than 50% more complaints about the Financial Conduct Authority in 2025-26 than in the previous year, particularly those about the British Steel Pension Scheme.

  • July 16, 2026

    UK Reinsurer Calls For Transparency On Flood Defenses

    Insurers do not have enough data to determine whether new property developments have been built with flood defenses, a U.K. state-backed reinsurer has warned.

  • July 16, 2026

    Capita Seeks To Cut Damages In £5M Data Breach Claim

    Outsourcing giant Capita urged a London court on Thursday to trim the claims of almost 4,000 individuals who say the company owes them up to £5 million ($6.75 million) over a cyberattack, arguing that claims for aggravated and exemplary damages are not supported by evidence. 

  • July 16, 2026

    PIC Completes £4.3B Rolls-Royce Pension Plan Buyout

    Pension Insurance Corporation PLC has taken on full responsibility for all 36,000 members of the Rolls-Royce UK Pension Fund, just nine months after signing a £4.3 billion ($5.8 billion) deal with the British aerospace and defense giant.

  • July 16, 2026

    Frozen Thresholds Drag 10M UK Pensioners Into Paying Tax

    The number of U.K. pensioners paying income tax has risen by three million in the five years since earning thresholds were frozen, government figures have revealed.

  • July 15, 2026

    Pensions Watchdog Sets Out Strategy For Next 5 Years

    Britain's retirement savings watchdog has said its work over the next five years will be driven by raising governance standards and ensuring value for money, while it seeks to improve sustainable outcomes for people at retirement.

  • July 15, 2026

    UK Gov't Urged To Ban 'Non-Risk Factor' Insurance Pricing

    The government should ban the use of "non-risk factors" in insurance pricing, a consumer group has said, adding that a lack of transparency in underwriting raised the risk of discrimination against vulnerable consumers.  

  • July 15, 2026

    Willkie Guides Saudi Re On Lloyd's Underwriter Stake Buy

    ​Saudi Reinsurance Co. has said it has agreed to acquire a minority stake in AdA Risk Holding Co. Ltd., a London-based specialty underwriting firm, as the reinsurer seeks to strengthen its position in the Lloyd's market.

  • July 15, 2026

    BoE Chief Calls For Law Reform For AI In Financial Advice

    The U.K. should start working now on major legal and public policy changes to account for the rising number of consumers using chatbots for financial advice, the governor of the Bank of England has warned.

  • July 15, 2026

    OECD Tells UK Gov't To Scrap Triple-Lock Pension Policy

    The U.K. government should scrap the "unusually generous" triple-lock pension policy to reduce fiscal uncertainty in Britain, the Organisation for Economic Co-operation and Development said Wednesday.

  • July 14, 2026

    UK Regulators Pitch Captive Insurance Rules To Spur Growth

    The U.K.'s insurance regulators proposed Tuesday a new regulatory regime for the captive insurance market to support economic growth.

  • July 14, 2026

    Ex-Macfarlanes Pro Joins FCA Regulatory Decisions Panel

    The Financial Conduct Authority said Tuesday that its board has appointed former Macfarlanes LLP lawyer Dan Lavender to its committee that ensures contested enforcement decisions are made fairly.

  • July 14, 2026

    UK Launches Financial Services Skills Project Amid AI Fears

    The government began a "landmark" project on Tuesday with the financial services sector, designed to future-proof the industry for skills needed in the coming years, amid concerns over the "unprecedented disruption" posed by artificial intelligence.

  • July 14, 2026

    UK To Accelerate Tokenization Of Wholesale Financial Markets

    The Treasury's champion of wholesale digital markets, Chris Woolard, has set out for Chancellor Rachel Reeves a 12-month plan to get companies, regulators and the government to develop online assets in wholesale financial markets.

  • July 14, 2026

    UK Floats Plan To Plug £154M Pension Regulation Black Hole

    The government has said it wants to hike levies on pension funds to plug a £154 million ($206 million) shortfall in the cost of regulating the sector.

  • July 14, 2026

    25 Pension Funds Invest £5.3B In Unlisted UK Markets

    The nation's largest pension schemes have £5.3 billion ($7 billion) invested in U.K. unlisted markets, according to data published by the sector's regulator, as the government pushes ahead with its megafund reforms.

  • July 14, 2026

    Insurers Blame Shipowner Over 2018 Engine Failure

    Seven insurers of almost 30,000 metric tonnes of palm oil have asked the High Court to rule that a shipowner cannot claim financial contributions for rescuing a vessel that broke down because the ship itself was allegedly unseaworthy.

  • July 13, 2026

    Gov't Lacks Full Plan To Tackle Financial Exclusion, MPs Say

    A group of MPs called on the government Tuesday to work with the Financial Conduct Authority to set standards for the detail, targets and accountability needed to support the Treasury's incomplete financial inclusion strategy by January.

Expert Analysis

  • FCA Enforcement Newsletter Reflects Shift Toward Openness

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    The Financial Conduct Authority’s inaugural Enforcement Watch newsletter provides clarity on the cases the regulator is opening and highlights its approach to early communication of enforcement activity, offering a welcome insight into its emerging priorities, says David Hamilton at Howard Kennedy.

  • FCA's Investment Regime May Prove A Double-Edged Sword

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    The Financial Conduct Authority’s final rules on consumer composite investments intend to support retail investors in making more informed decisions while affording firms greater flexibility, but continuing with opaque methodologies will require greater operational and compliance effort in the short term, say lawyers at Fried Frank.

  • How FCA's Client Reforms May Boost Investment Access

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    The Financial Conduct Authority’s recent proposals to reform the professional client categorization regime and simplify conflicts of interest rules are likely to be welcomed, although firms will need to navigate the increased responsibility that comes with greater flexibility, say lawyers at Skadden.

  • Consolidation Of Lloyd's Bylaws Will Be Useful For Members

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    Lloyd’s of London’s recent consolidation of its bylaws will make the rules governing its market more accessible, providing immediate results as well as the necessarily flexible framework to address the future needs of its participants, say lawyers at Skadden.

  • 4 Securities Trends For Pension Trustees To Watch In 2026

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    With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.

  • 10 Financial Regulatory Changes To Prepare For In 2026

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    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

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    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

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    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • How Russia Sanctions Trajectory Is Affecting UK Legal Sector

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    The proliferation of U.K. and European Union sanctions targeting Russia has led to a vast increase in legislative provisions, and lawyers advising affected businesses should expect a complex and evolving legal landscape for the foreseeable future, says Rob Dalling at Jenner & Block.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

  • What To Know About FCA's Short Selling Regime Proposals

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    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

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    The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.

  • FCA Proposals Reduce Consumer Duty Compliance Burden

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    The Financial Conduct Authority’s recent proposals to streamline the consumer duty regime represent a pragmatic response to industry concerns, with a move toward sector-specific supervision and potentially narrowing its scope for wholesale and cross-border business, say lawyers at Simmons & Simmons.

  • How New Companies House ID Rules Affect Businesses

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    Lawyers at Shepherd & Wedderburn discuss the Economic Crime and Corporate Transparency Act’s new mandatory identity verification requirements for all company directors and persons with significant control, set to go live next week, which aim to curb fraud by improving the reliability of information held by Companies House.

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