Insurance UK

  • October 22, 2025

    £1.9B Jaguar Cyberattack UK's 'Most Economically Damaging'

    The cyberattack that hit car giant Jaguar Land Rover in August triggered a ripple effect that cost the U.K. an estimated £1.9 billion ($2.5 billion) due to disrupted supply chains, experts said Wednesday, making it the "most economically damaging" digital incident to ever affect Britain.

  • October 22, 2025

    Gov't Greenlights New 'Collective' Pension Scheme Rules

    The government said Wednesday it will push forward with rules to allow more businesses to join new collective pension plans, which could boost the retirement savings of millions of workers.

  • October 22, 2025

    PE Companies Finalize Deal For UK Insurance Broker JMG

    Private equity companies GTCR and Synova have confirmed their acquisition of JMG Group five months after announcing their intention to buy the British insurance broker.

  • October 22, 2025

    State Pension To Rise By 4.8% In 2026 Under Triple Lock

    Pensioners are in line for an inflation-busting rise in state pension benefits next year, experts said Wednesday, a move that would pile additional pressure on the U.K. government's pledge to maintain the triple lock.

  • October 21, 2025

    Vaccine Skeptic Wins Sick Pay Battle With Insurance Biz

    An employment tribunal rejected a health insurance worker's claims that his skepticism about the COVID-19 jab caused bosses to discriminate against him and treat him unfairly, but agreed that the company forced him to quit by cutting off his sick pay for chronic anxiety. 

  • October 21, 2025

    Equitas Loses £3.8M Dispute Over RSA Asbestos Settlements

    A High Court judge ruled Tuesday that London-based reinsurer Equitas Insurance Ltd. wrongly refused to pay out over asbestos-related claims to three RSA Insurance Group companies in a £3.8 million ($5.1 million) row.

  • October 21, 2025

    UK Includes Financial Sector In £6B Blitz On Red Tape

    Insurers and banks will be among businesses granted breaks from regulatory reporting, the government confirmed Tuesday, as it promised a "blitz" on red tape.

  • October 21, 2025

    Ship Owner Fights Amlin's Use Of 'Draconian' Pay First Clause

    The owner of a grounded cargo vessel told a London appeals court Tuesday that MS Amlin Marine NV should have to provide cover over the incident, because a "Draconian" clause that would allow the insurer to escape paying up was buried away in the contract.

  • October 21, 2025

    UK Pensions Body Calls For Long-Term Tax Policy

    The government must commit to long-term policy on pension tax relief, an influential trade body said Tuesday, warning that mounting uncertainty every year around the Budget was harming consumer confidence.

  • October 21, 2025

    KKR, Quadrantis Buy Minority Stake In Peak Re

    U.S. private equity business KKR and Portuguese venture capitalists Quadrantis said Tuesday that they will take a 15% stake in Hong Kong reinsurer Peak Re to help its global growth.

  • October 20, 2025

    Broker JMG Group Buys Another UK Insurance Co.

    JMG Group has bought Glasgow-headquartered broker Taveo Group Ltd. in another acquisition announced by the Yorkshire-based insurance broking group as it continues its U.K. expansion.

  • October 20, 2025

    Trustees Urged To Boost Defenses As Cyberattacks Rise

    Trustees overseeing pension programs should urgently reassess their cybersecurity and fraud defenses amid a sharp rise in "nationally significant" cyberattacks, a U.K. consulting company has warned.

  • October 20, 2025

    UK Gov't Strikes New Deal With Pension Funds On Investment

    The government launched a club of the U.K.'s 20 largest pension funds and insurers on Monday, part of a wider push to drum up investment for economic growth.

  • October 20, 2025

    MPs To Probe Pension Erosion Amid Inflation Concerns

    Former employees of multinationals such as Hewlett Packard and American Express will tell MPs this week about how their pension income has been eroded by a failure to keep pace with the cost of living. 

  • October 20, 2025

    FCA Flags Money Laundering Risks At Corporate Finance Cos.

    One in 10 corporate finance companies has no documented business-wide risk assessment, the City watchdog said Monday, warning that many organizations might be falling short of money laundering standards.

  • October 17, 2025

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

    This past week in London has seen Johnson & Johnson hit with a £1 billion ($1.34 billion) claim for allegedly selling contaminated baby powder, Carter-Ruck bring a claim against the Solicitors Regulation Authority, and Hewlett Packard file a probate claim against the estate of Mike Lynch.

  • October 17, 2025

    Global Watchdog Calls On Countries To Monitor Crypto Better

    An international securities watchdog called on countries Friday to monitor risks in crypto-assets and share regulatory information better across borders.

  • October 17, 2025

    Civil Service Pension Administrator Denies Union Recognition

    The organization managing a pension fund for civil servants has told MPs that it has never officially recognized a staff union, even as it prepares to hand over the reins to private sector giant Capita.

  • October 17, 2025

    UK Local Gov't Pension Funding Soars Ahead Of Reforms

    The U.K.'s sprawling municipal retirement plan is now worth an estimated £450 billion ($604 billion), a consultancy said Friday, ahead of government plans to consolidate the highly fragmented scheme into several pension mega-funds.

  • October 17, 2025

    FCA's Tokenization Plan May Heighten Financial Crime Risk

    The Financial Conduct Authority's planned tokenization regime to help asset managers trade investment funds as digital assets could expose investors to financial criminals lurking in crypto-markets, with the regulator's "targeted support" rules multiplying the risk, lawyers have warned.

  • October 17, 2025

    Chancellor Launches Service To Support Overseas Investors

    HM Treasury said Friday that it has launched a free "concierge" service in partnership with finance regulators to remove barriers for global firms investing in U.K. financial services.

  • October 17, 2025

    Freshfields-Led Vienna Insurer To Buy German Rival For €1.4B

    Vienna Insurance Group has agreed to acquire all the shares of its German rival Nürnberger Beteiligungs AG for €1.38 billion ($1.61 billion) in a move to strengthen its position in Central Europe.

  • October 16, 2025

    Insurers Settle Bid To Arbitrate $7M La. Hurricane Ida Case

    A group of domestic and foreign insurers including underwriters at Lloyd's of London have asked a Louisiana federal judge to dismiss their lawsuit seeking an order to arbitrate a $7 million Hurricane Ida damage claim, saying they have settled the dispute.

  • October 16, 2025

    CMA Calls For Reforms To UK Veterinary Market

    The U.K.'s competition watchdog has called on the £6.3 billion ($8.5 billion) veterinary services market to provide better information on prices after a spike in insurance claims at major players drove up costs, despite no evidence of better services.

  • October 16, 2025

    Axa Teams With Insurtech For Embedded Insurance Project

    An Axa unit and insurance technology firm Bolttech have launched a long-term partnership to grow their presence in the rapidly growing embedded insurance sector across the U.K. and Europe.

Expert Analysis

  • What To Know About The Russia-Stranded Plane Ruling

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    The High Court's recent decision in Zephyrus Capital Aviation v. Fidelis Underwriting, rejecting reinsurers' U.K. jurisdiction challenges in claims over stranded planes in Russia, has broad implications for cross-border litigation involving exclusive jurisdiction clauses, says Samantha Zaozirny at Browne Jacobson.

  • 3 Notable Pensions Reforms In Spring Budget

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    The U.K. government’s spring budget introduced reforms to improve pension outcomes through the value for money framework and the lifetime provider model, as well as to encourage investments in Britain — three interlinked areas that could pressure trustees and providers to rethink how they approach investments, say Liz Ramsaran and Marcus Fink at DWF.

  • UK Arbitration Ruling Offers Tips On Quelling Bias Concerns

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    An English court's recent decision in H1 v. W to remove an arbitrator because of impartiality concerns offers several lessons on mitigating bias, including striking a balance between arbitration experience and knowledge of a particular industry, and highlights the importance of careful arbitrator appointment, says Paul-Raphael Shehadeh at Duane Morris.

  • Bias Ruling Offers Guidance On Disqualifying Arbitrators

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    An English court's recent decision in H1 v. W, removing an arbitrator due to bias concerns, reaffirms practical considerations when assessing an arbitrator's impartiality, and highlights how ill-chosen language by an arbitrator can clear the high bar for disqualification, say Andrew Connelly and Ian Meredith at K&L Gates.

  • Insurance Policy Takeaways From UK Lockdown Loss Ruling

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    An English court's recent decision in Unipolsai v. Covea, determining that insurers' losses from COVID-19 lockdowns were covered by reinsurance, highlights key issues on insurance policy wordings, including how to define a "catastrophe" in the context of the pandemic, says Daniel Healy at Brown Rudnick.

  • What COVID Payout Ruling Means For Lockdown Loss Claims

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    While the High Court's recent COVID-19 payout decision in Gatwick v. Liberty Mutual, holding that pandemic-related regulations trigger prevention of access clauses, will likely lead to insurers accepting more business interruption claims, there are still evidentiary challenges and issues regarding policy limits and furlough, say Josianne El Antoury and Greg Lascelles at Covington.

  • Spartan Arbitration Tactics Against Well-Funded Opponents

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    Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.

  • Top Court Hire Car Ruling Affects 3rd-Party Negligence Cases

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    The U.K. Supreme Court's recent decision in Armstead v. Royal & Sun Alliance, finding that an insurer was responsible for lost car rental income after an accident, has significant implications for arguing economic loss and determining burden of proof in third-party negligence cases that trigger contractual liabilities, say lawyers at Macfarlanes.

  • Unpacking The Building Safety Act's Industry Overhaul

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    Recent updates to the Building Safety Act introduce a new principal designer role and longer limitation periods for defects claims, ushering in new compliance challenges for construction industry stakeholders to navigate, as well as a need to affirm that their insurance arrangements provide adequate protection, say Zoe Eastell and Zack Gould-Wilson at RPC.

  • A Rare Look At Judicial Interpretation Of LEG Exclusions

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    A Florida federal court’s order last month in Archer Western-De Moya v. Ace American Insurance and an earlier decision from a D.C. federal court offer insight into how courts may interpret defects exclusion clauses developed by the London Engineering Group — filling a void in case law in the area, says Jonathan Bruce at Holman Fenwick.

  • Ruling In FCA Case Offers Tips On Flexible Work Requests

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    In Wilson v. Financial Conduct Authority, the Employment Tribunal recently found that the regulator's rejection of a remote work request was justified, highlighting for employers factors that affect flexible work request outcomes, while emphasizing that individual inquiries should be considered on the specific facts, say Frances Rollin, Ella Tunnell and Kerry Garcia at Stevens & Bolton.

  • Breaking Down The New UK Pension Funding Regs

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    Recently published U.K. pension regulations, proposing major changes to funding and investing in defined benefit pension schemes, raise implementation considerations for trustees, including the importance of the employer covenant, say Charles Magoffin and Elizabeth Bullock at Freshfields.

  • Decoding UK Case Law On Anti-Suit Injunctions

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    The English High Court's forthcoming decision on an anti-suit injunction filed in Augusta Energy v. Top Oil last month will provide useful guidance on application grounds for practitioners, but, pending that ruling, other recent decisions offer key considerations when making or resisting claims when there is an exclusive jurisdiction clause in the contract, says Abigail Healey at Quillon Law.

  • Cayman Islands Off AML Risk Lists, Signaling Robust Controls

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    As a world-leading jurisdiction for securitization special purpose entities, the removal of the Cayman Islands from increased anti-money laundering monitoring lists is a significant milestone that will benefit new and existing financial services customers conducting business in the territory, say lawyers at Walkers Global.

  • How Decision On A Key Definition Affects SMEs

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    The Financial Conduct Authority's decision not to extend the definition of small and midsized enterprises may benefit banks and finance providers in the current high interest rate environment and where SMEs in certain sectors may be under financial pressure in light of the cost-of-living crisis in order to streamline it, says Rachael Healey at RPC.

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