Insurance UK

  • July 13, 2026

    Ashurst Pro Accused Of False Stolen Bike Insurance Claim

    The solicitors' regulator accused an associate at Ashurst LLP of making dishonest statements in support of an insurance claim for a stolen bicycle at a London disciplinary tribunal Monday.

  • July 13, 2026

    ABI Calls For Phased Increase To 12% Pension Contributions

    British insurers urged the government's retirement savings inquiry on Monday to produce a clear road map to lift automatic enrollment pension contributions from 8% to 12% by the end of the 2030s, warning that millions of savers are unprepared for retirement.

  • July 13, 2026

    Pensions Lifeboat Fund Begins Work On £1.4B Inflation Fix

    The Pension Protection Fund has said it has begun to prepare a package worth £1.4 billion ($1.8 billion) for older retirees who were denied years of inflation-linked increases in benefits.

  • July 13, 2026

    DLA Piper Steers Engineer's UK Pension Plan Buy-In

    The U.K. pension plan of global engineering consultancy Stantec has completed a full insurance buy-in, securing the retirement benefits of all 680 members, a financial adviser said on Monday.

  • July 13, 2026

    UK Sets Out Timeline For Flagship Pension Value Reforms

    Members of the U.K.'s largest pension plans will be able to access the first value-for-money reports in two years' time, the government said Monday, as part of what it described as the biggest shake-up of the sector in a generation.

  • July 13, 2026

    Marine Insurers Get Backing For Thomas Miller Takeover

    Two marine insurers in merger talks said Monday that 89% of shareholders in Thomas Miller Holdings have accepted their joint takeover offer, with the acquisition of the holding company expected to close in the fourth quarter of 2026.

  • July 10, 2026

    Building Biz Denies Liability In £113M Defective Housing Clash

     Housebuilder Willmott Dixon has hit back at a housing association's attempt to pass on liability for a £113 million ($152 million) claim over allegedly uninhabitable housing, telling a London court that it is not responsible for the remediation bill.

  • July 10, 2026

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

    The past week in London has seen lawyer Ian Rosenblatt launch legal action against music mogul Simon Cowell, Boohoo face a fresh investor claim after previously facing allegations that it feigned ignorance of labor abuses in its supply chain, and an ex-Tory MP and his chief of staff sued by their former employer. Here, Law360 looks at these and other new claims in the U.K.

  • July 10, 2026

    Nord Stream Ruling Shows Broad Reach Of War Exclusions

    The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.

  • July 10, 2026

    UK Financial Watchdogs To Regulate Big Tech Providers

    The government said Friday it will bring cloud computing giants under direct financial regulatory oversight as it seeks to strengthen the resilience of the country's financial system and reduce the risk that widespread service disruption could affect banks, insurers and consumers.

  • July 10, 2026

    FCA Finds Widespread Failings In Consumer Duty Review

    The Financial Conduct Authority said Friday that it has found failings in how financial services businesses designed, monitored or distributed products under its consumer duty requirement.

  • July 09, 2026

    Austria's Bank VAT Break Was State Aid, EU Top Court Says

    The European Union's top court ruled Thursday against an Austrian law that provided a value-added tax exemption for certain transactions in the banking and insurance sectors, holding that the tax break functioned as illegal state aid under EU law.

  • July 09, 2026

    UK Pension Compensation Payouts Could Hit Record Low

    Compensation payments for people who were wrongly advised to transfer out of valuable final-salary pensions are expected to drop to a record low from July to October, an actuarial consultancy has said.

  • July 09, 2026

    FCA Details Crackdown On Illegal Ads, Financial Crime

    The City regulator said in its latest annual report on Thursday that it led an international crackdown on illegal financial promotions over the past year, making three arrests, requesting 650 social media takedowns and intensifying its fight against financial crime.

  • July 09, 2026

    SSB Law Seeks £19.5M From ATE Insurers In Cavity Wall Case

    The administrators of SSB Law have sued the collapsed firm's insurer for £19.5 million ($26 million), seeking to recover premiums the firm paid for insurance that covered its clients' cavity wall insulation claims.

  • July 09, 2026

    Capita Pension Failings To Hit Profit By Up To £40M

    Outsourcing giant Capita warned Thursday that problems administering the U.K. Civil Service Pension Scheme will cut its 2026 profit by up to £40 million ($54 million) and delay its return to surplus cash generation.

  • July 09, 2026

    More Firms Sign FRC Investor Code Amid Regime Switch

    Britain's accounting watchdog said Thursday that 191 organizations meet the conditions to be signed up to its revised UK Stewardship Code, announcing that 290 businesses are now signatories to the framework.

  • July 09, 2026

    Pensions Biz Nest Eyes £1B VC Investment For UK Savers

    Workplace pension scheme Nest plans to invest up to £1 billion ($1.3 billion) in growing private companies via a dedicated venture capital portfolio managed by Schroders Capital, to boost long-term returns and increase backing for British startups.

  • July 09, 2026

    Pensions Dashboard Program 'On Track' For Oct. Deadline

    Around 85% of personal, workplace and state pension records are now connected to the retirement savings dashboard system, the government has said, highlighting that the delayed program is on track to meet its Oct. 31 deadline. 

  • July 09, 2026

    Insurance M&A Activity 'Hits Lowest 1st-Half Level Since 2017'

    Economic uncertainty and a shortage of willing sellers have driven merger and acquisition activity in the U.K. insurance distribution sector to its weakest first-half level in nearly a decade, according to a consultancy.

  • July 08, 2026

    Calif. Judge Won't Reopen Asbestos Suit Against Reinsurers

    A California federal judge has declined to reopen an asbestos suit by an insurance exchange for the trucking industry against a group of reinsurers as the parties battle whether to remove a supposedly "side-switching" arbitrator, saying the arbitration is proceeding in New York.

  • July 08, 2026

    BAT Hit With 2nd Investor Claim Over North Korea Disclosures

    British American Tobacco PLC faces a second group claim in London this year after more than 100 shareholders alleged it had failed to disclose information about its North Korean activities, which ultimately led to the company paying hundreds of millions in penalties.

  • July 08, 2026

    Aviva, Axis Launch Lloyd's Outfit For Clean Energy Projects

    Insurance giant Aviva said Wednesday it has launched a new Lloyd's of London consortium with Axis to support renewable energy projects, in what the companies called the first agreement between specialist insurers to focus on onshore clean energy.

  • July 08, 2026

    Gov't Vows To Claw Back Bill For Capita Pensions Fix

    The government said Wednesday it will pursue service provider Capita for reimbursement on a taxpayer-funded fix for the ongoing Civil Service Pensions Scheme debacle.

  • July 08, 2026

    Pensions Body Floats Reforms To Boost Retirement Saving

    ​The U.K. government must reform workplace pensions as the current system still cannot provide adequate retirement incomes for many workers, a trade body warned on Wednesday.

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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