Insurance UK

  • April 20, 2026

    FCA Sets Out 2026 Program For Helping Innovation And AI

    The Financial Conduct Authority set out its innovation priorities for 2026 to 2027 on Monday, promising better guidance for businesses to use its testing routes for developing new models in technologies including artificial intelligence.

  • April 20, 2026

    Aptia Group Buys Mercer's Pensions Guidance Business

    Pensions administrator Aptia Group said Monday that it has acquired a retirement savings guidance business from Mercer, which is owned by risk and reinsurance company Marsh.

  • April 20, 2026

    Hermes, Shell Funds Join Entain Claim Over Bribery Probe

    Four investment vehicles, including two Federated Hermes funds, a Shell pension fund and another managed by Morningstar, have joined a multimillion-pound claim alleging that Entain PLC failed to warn them of alleged bribery-related misconduct tied to its Turkish operations.

  • April 20, 2026

    Iran Conflict Will Test 'Cyberwar' Insurance Exclusions

    The rising threat of cyberattacks in connection with the Iran conflict could test the strength of war exclusions recently adopted by insurers to minimize fallout from a major attack, a ratings agency said Monday.

  • April 20, 2026

    Lloyd's Pulls Plug On Annual Diversity Festival

    Lloyd's of London has said it is ending its flagship diversity, equity and inclusion event after more than a decade as it pivots to a new approach to talent, skills and culture.

  • April 17, 2026

    Taxation With Representation: Skadden, Stikeman Elliott

    In this week's Taxation With Representation, Amazon.com Inc. buys satellite communications company Globalstar Inc., waste management company GFL Environmental Inc. acquires Secure Waste Infrastructure Corp., and Standard Life PLC buys the British subsidiary of Dutch insurer Aegon.

  • April 17, 2026

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

    The past week in London has seen Aston Martin file an appeal in a row with Chinese carmaker Geely over its winged logo for London black cabs, Ineos sue Ben Ainslie's America's Cup team for a £180 million ($244 million) boat, White & Case face a claim from two energy storage companies, and a golf tour company bring a claim against Saudi Arabia's sovereign wealth fund after the fund invested in its rival.

  • April 17, 2026

    BoE To Keep Watch On Finance Firms' Safe AI Use This Year

    The Bank of England's regulatory arm committed Friday to monitoring finance companies' use of artificial intelligence as a priority to safeguard financial stability in its 2026-2027 business plan.

  • April 17, 2026

    US Broker Gallagher Acquires UK Insurance Biz

    Arthur J. Gallagher & Co. has acquired Bridge Insurance Brokers Ltd. in order to expand its U.K. and Ireland retail business.

  • April 17, 2026

    Insurer Launches $1B Marine War Cover For Hormuz Crisis

    The insurer Beazley has launched a new $1 billion consortium backed by Lloyd's syndicates to offer marine war insurance to vessels transiting the Strait of Hormuz.

  • April 17, 2026

    Gov't Defends Power To Shift UK Pensions To Private Assets

    The government has successfully reinstated controversial new powers into draft legislation that would allow it to compel pension funds to put money into U.K. investments.

  • April 17, 2026

    Insurance Broker Denies £1.5M Liability For Failed Theft Claim

    An insurance broker has denied liability at the High Court in a dispute worth up to £1.5 million ($2 million) over a failed claim that arose from the alleged theft of construction equipment, arguing that the case against it is "fundamentally flawed."

  • April 16, 2026

    EU Watchdog Eyes 25% Cut To 13 Solvency II Rulebooks

    The European Union's insurance watchdog has proposed cutting 13 sets of guidelines on Solvency II by 25% to reduce the administrative burden on insurers.

  • April 16, 2026

    Nord Stream Insurers Say War Exclusions Bar €580M Claim

    Insurers of gas pipelines hit by explosions in 2022 said at the start of their trial on Thursday that exclusions in their policies prevent damages payouts of up to €580 million ($682 million) because the blasts were linked to the Russia-Ukraine war.

  • April 16, 2026

    Gov't Reports Capita Over Pension Data Breach

    The government has reported the new administrator of the Civil Service Pension Scheme to the Information Commissioner's Office over a data breach, amid growing official frustration over a botched handover.

  • April 16, 2026

    FCA Unveils New Short Selling Rules To Cut Red Tape

    The Financial Conduct Authority set out on Thursday its new U.K. short selling regime, which will greatly reduce reporting requirements and clarify when the regulator can use its emergency powers to stop short selling.

  • April 16, 2026

    Lloyd's Insurers Draw Up Governance Rules For AI Adoption

    Nine out of 10 Lloyd's of London insurers are working on their own governance rules for artificial intelligence, the Lloyd's Market Association said Thursday, as the U.K.'s financial watchdog launched a probe into the adoption of the new technology. 

  • April 16, 2026

    Insurers Urge EU Lawmakers To Clarify Sustainability Rules

    Europe's insurance industry has urged regulators to simplify and refine the bloc's sustainable finance rulebook, warning that its complexity and data gaps risk undermining its effectiveness in steering capital toward climate-friendly activities.

  • April 15, 2026

    Targeted Support Drives 53% Jump In First-Time Investing

    A financial services trade body found Wednesday in research sponsored by Barclays, Lloyds Banking Group and Vanguard that people who have never invested are willing to invest up to 53% more after receiving targeted support.

  • April 15, 2026

    Collapsed Pensions Biz Misused Clients' Money, FCA Says

    The financial services watchdog said Wednesday that an individual involved in a pensions business withdrew its customers' money without consent and invested it for their own benefit.

  • April 15, 2026

    AI Reshaping Cyber Insurance Risk, Report Warns

    Rapid advances in artificial intelligence are increasing the speed, scale and coordination of cyberattacks and introducing new risks for insurers, according to a report by a risk analytics platform.

  • April 15, 2026

    Pension Funding Drops £9.9B Over Middle East Conflict

    Economic shocks from the war in the Middle East wiped £9.9 billion ($13.4 billion) from the funding surpluses of U.K. pension plans in March, the compensation program for the sector has said.

  • April 15, 2026

    Lloyd's Body Calls For Further FCA Rules Shake-Up

    The Financial Conduct Authority should go further in cutting back red tape for the London insurance market, a trade body said Wednesday as it called for a new rules framework for international business written in the English capital.

  • April 15, 2026

    Plane Lessor, Reinsurer Settle $23M Claim Over Jet In Russia

    An aircraft lessor and a reinsurer have reached a settlement to pause part of a multimillion-dollar dispute over a plane stranded in Russia after the invasion of Ukraine, while the wider case continues.

  • April 15, 2026

    Freshfields-Led Standard Life To Buy Aegon UK For £2B

    Standard Life PLC said Wednesday that it will buy the British subsidiary of Dutch insurer Aegon for £2 billion ($2.7 billion) in cash and stock to create a major U.K. retirement savings and income business.

Expert Analysis

  • How Proposed EU Class Action Directive Could Affect Insurers

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    Insurers should beware the explosive potential of the EU's proposed directive providing for cross-border class actions and third-party funding for such actions, although it also bears strict requirements that will limit the number of cases, say Emmanuèle Lutfalla and Simon Fitzpatrick at Signature Litigation.

  • COVID-19 Insurance Considerations For UK Cos.

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    Though a new U.K. regulation recently made it easier for businesses to claim losses related to COVID-19, potential points of contention when seeking insurance coverage include whether the government ordered the business to close and whether an outbreak occurred at the premises, say attorneys at Covington.

  • UK Group Data Breach Claims Pose Big Financial Risks

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    Recent English court decisions appear to make it easier for data breach victims to bring collective actions, and consequently companies may find they are liable for huge sums in addition to fines under the General Data Protection Regulation, say attorneys at Morrison & Foerster.

  • A Crucial Chance For UK Supreme Court To Clarify Arbitrator Bias

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    In Halliburton v. Chubb, the U.K. Supreme Court has an opportunity to tackle uncomfortable questions and support confidence in London's arbitration sector by policing effectively against bias and impartiality when arbitrators are involved in multiple tribunals, says Rosie Wild at Cooke Young.

  • Rebuttal

    Legal Industry Should Pursue AI Prediction Progress

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    As part of the debate prompted by my recent Law360 guest article on legal prediction using artificial intelligence, I would like to unpack four issues and suggest that attorneys and technologists continue to tackle the problems presently within reach, says Joseph Avery at Claudius Legal Intelligence.

  • Rebuttal

    AI Can't Accurately Predict Case Length And Cost — Yet

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    A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.

  • What To Expect During The Brexit Transition Period

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    While all formal ratification procedures for the U.K.'s departure from the European Union have been completed, the transitional period will bring an enormous range of trade, customs and regulatory issues, say attorneys at Mayer Brown.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

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    The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.

  • Surefire Marketing Methods To Build Your Legal Practice

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    Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.

  • Mandatory Mediation May Lie Ahead For England And Wales

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    The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.

  • Key Risks And Developments For UK Law Firm Culture In 2020

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    In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

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    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

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    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

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    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

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    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.

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