Insurance UK

  • March 02, 2026

    Clifford Chance, Gowling Steer £80M Safeway Pension Deal

    Pension insurer Canada Life said on Monday that it has taken on £80 million ($107.2 million) in retirement scheme liabilities from a plan sponsored by a subsidiary of Wm Morrison Supermarkets PLC, in a deal steered by Clifford Chance and Gowling WLG.

  • February 27, 2026

    FCA Warns Of Bad Practices In Sustainability Labeling

    The Financial Conduct Authority warned Friday that U.K. asset managers have sometimes been unclear how they comply with rules on sustainability labels for funds or whether required disclosures accurately reflect the underlying investments.

  • February 27, 2026

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

    This past week in London has seen Linklaters sue a shipping company, high-street clothing giant Urban Outfitters hit with an intellectual property claim, Ithaca Energy sue rival Chrysaor, and cabaret club magnate Alex Proud face legal action with his nightclubs in financial turmoil.

  • February 27, 2026

    BoE To Stress-Test Life Insurers' Financial Resilience

    The Bank of England said Friday it plans to stress-test the financial resilience of life insurance companies again in January 2028, after its probe of 11 of Britain's major insurers last year revealed the cohort could withstand large market shocks.

  • February 27, 2026

    Texas Investment Co. Loses Strike-Out Bid In £3.7M Bond Row

    A Texas-based investment company has lost its bid to strike out a decision that a Bulgarian insurer was right to withhold payment of a £3.7 million ($5 million) bond linked to a British residential building project.

  • February 27, 2026

    5 Questions For Kennedys' Ash Daniells On FOS Reforms

    The government is reforming the Financial Ombudsman Service, which settles claims between consumers and regulated financial businesses. The reforms come after years of complaints that the ombudsman is not working efficiently, but the proposals have attracted wide criticism.

  • February 27, 2026

    Top Barclays Exec Named As Head Of UK Banking Watchdog

    The Bank of England said Friday that senior Barclays executive and former Treasury official Katharine Braddick has been appointed as the next head of the U.K.'s main banking watchdog. 

  • February 27, 2026

    2 Firms Guide Equinix, CPP Investments On $4B AtNorth Buy

    Canada Pension Plan Investment Board and U.S. digital infrastructure company Equinix said Friday that they will buy atNorth for $4 billion from Swiss private equity shop Partners Group in order to grow the Nordic data center operator's capabilities in areas such as artificial intelligence and cloud infrastructure.

  • February 26, 2026

    Russian Insurance Giant Loses Bid To Overturn EU Sanctions

    A European Union court has rejected AlfaStrakhovanie AO's bid to be removed from the bloc's sanction list, ruling that the insurer provided "material" support to the Russian government in its war efforts in Ukraine.

  • February 26, 2026

    Gallagher Snaps Up Insurer Krose In Boost For European Biz

    Global insurance giant Gallagher said Thursday it has acquired German insurer and reinsurer Krose, a move designed to broaden its European footprint and boost the broker's client base.

  • February 26, 2026

    Broker Denies Tricking Investors Over ESMA Risk Before IPO

    Broker Plus500 Ltd. has denied in litigation with a group of institutional investors that it withheld information before going public, saying it was clear that impending European rules designed to protect retail investors could hurt the online trading platform's business.

  • February 26, 2026

    Gov't Actuary's Department Launches New Pensions Group

    The Government Actuary's Department has established a new public sector defined contribution pension scheme working group to strengthen governance and improve knowledge-sharing across public sector retirement plans, the department said Wednesday.

  • February 26, 2026

    FCA Tests Global Reach In HTX Crypto-Exchange Litigation

    The landmark legal case brought by the Financial Conduct Authority against HTX, which the regulator says has promoted crypto-asset services to U.K. consumers without authorization, will be a litmus test, establishing whether it has the teeth for enforcement against overseas crypto-exchanges, lawyers say.

  • February 25, 2026

    FCA Selects 4 Firms To Trial Stablecoin Rules

    The Financial Conduct Authority has selected four companies, including Revolut, to test how their stablecoin offers will work under the watchdog's proposed regulations as it prepares new rules for the sector.

  • February 25, 2026

    FCA To Launch Review Of AI Use By Insurance Industry

    The U.K.'s financial services watchdog plans to launch an investigation into the benefits and risks of insurers using artificial intelligence in their businesses in the coming months.

  • February 25, 2026

    ​​EU Watchdog To Change Senior Manager Suitability Rules

    European financial regulators on Wednesday launched a consultation proposing major changes to how banks and investment firms assess the fitness and propriety of their leaders and key executives.

  • February 25, 2026

    DLA, Slaughter And May Steer £270M Media Biz Pension Deal

    M&G PLC said Wednesday that it has completed a £270 million ($365 million) buy-in transaction with a pension program sponsored by Reach PLC, the owner of the Mirror, the Express and other newspapers.

  • February 25, 2026

    Hiscox Reveals $300M Share Buyback After Record Profit

    Specialist insurance company Hiscox said Wednesday that it will begin a $300 million share buyback program after posting "record" annual pre-tax profit of $733 million last year.

  • February 25, 2026

    Consultant Settles £1.4M Insurance Row With Wealth Manager

    A former consultant has settled her £1.4 million ($1.9 million) claim against a financial consultancy after she sued it for allegedly failing to arrange adequate insurance cover, which she claims left her short of money during serious illness and surgery.

  • February 24, 2026

    Risk Body Urges Public-Private Insurance Fix For Climate

    A trade body for risk managers has called for governments, insurers and other businesses to work together to address the challenges presented by climate change.

  • February 24, 2026

    Lords Slam Labour's 'Regressive' Salary Sacrifice Reforms

    Conservative peers told the government on Tuesday that its planned £2,000 ($2,700) cap on salary sacrifice pension saving arrangements will unfairly harm lower-earning workers.

  • February 24, 2026

    EU Eases Sustainability Reporting Rules In Growth Bid

    European lawmakers gave their final agreement on Tuesday to reduce sustainability and governance reporting rules for businesses as part of a broader bid to cut regulation to drive competition across the bloc.

  • February 24, 2026

    Pinsent Masons Secures £60M Pension Deal For Bodycote

    Pension Insurance Corp. said Tuesday that it has completed a £60 million ($81 million) pension deal with metallurgical company Bodycote, guided by CMS and Pinsent Masons.

  • February 24, 2026

    CFD Rules May Apply To New Derivatives, ESMA Warns Firms

    Europe's top securities regulator warned Tuesday that newly marketed crypto-native derivatives such as "perpetual futures" are likely covered by existing restrictions on contracts for differences and must comply with investor-protection rules.

  • February 24, 2026

    Gov't Pays £1.6M In Hardship Loans Amid Pensions Debacle

    The government has been forced to pay out £1.6 million ($2.1 million) in "hardship loans" to retired public servants following the chaos that has engulfed the administration of the Civil Service Pension Scheme.

Expert Analysis

  • 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.

  • Brexit's Impact On London As A Top Int'l Arbitration Seat

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    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

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    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

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    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

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    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

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    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

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    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.

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