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Insurance UK
Insurance Law360 UK provides breaking news and analysis on the insurance industry. Coverage includes U.K. and European Union regulation, legislation, enforcement, and litigation involving insurance companies, underwriters, reinsurers, and brokers.
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Latest News in Insurance UK
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September 20, 2024
UK Fraud Reimbursement Plan Could Attract Organized Crime
A program launching in October that allows victims of fraudulent authorized push payments to get reimbursement from banks and payments companies could be exploited by organized crime to cash in with bogus claims, according to lawyers.
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September 19, 2024
Record Number Of Pension Deals Reported In First Half Of '24
A record number of companies in the U.K. carried out pension risk transfer transactions during the first six months of 2024, offloading £15.3 billion ($20.3 billion) of pension plan liabilities to bigger players, Hymans Robertson said in a report.
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September 19, 2024
Gov't Urged To Push Collective Defined Benefit Pension Plans
The U.K. government should push forward new collective pension plans with "bold and innovative" thinking to address Britain's retirement adequacy challenge, Hymans Robertson LLP said Thursday.
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September 19, 2024
Insurers Wrestle With 'Cyberwar' Policy Exclusions
The evolving cyberinsurance market could be heading for a seismic shift if more insurers scale back standard business IT breach policies to limit the impact of state-backed cyberattacks on their bottom line.
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September 19, 2024
UK Issues Disclosure Exemptions For Investment Trusts
The government and Financial Conduct Authority announced Thursday plans to reform the U.K. retail disclosure rules in early 2025, with immediate interim exemption of investment trusts from current requirements on cost disclosures to retail investors.
Areas of Coverage
- LITIGATION
- Litigation involving insurance companies or executives
- Disputes over commercial, directors and officers, management, and professional liability insurance policies
- Lawsuits over coverage for business interruption losses, natural disasters, and environmental contamination claims
- Appellate rulings on insurance coverage disputes
- Mass actions over deceptive and unfair trade practices, modal premium rates, and vanishing premiums
- Financial List cases involving insurance products
- Cases in Bermuda or other Commonwealth jurisdiction courts that affect U.K. companies
- Reinsurance arbitration
- AGENCIES
- Financial Conduct Authority
- Bank of England
- Prudential Regulation Authority
- European Commission
- European Insurance and Occupational Pensions Authority
- European Securities and Markets Authority
- European Banking Authority
- POLICY & REGULATION
- U.K. and EU insurance regulation, policy proposals and studies
- U.K. and EU Parliament hearings involving the insurance industry
- Insurance legislation and amendments in the U.K. Parliament and EU Parliament
- Insurance Act
- Solvency II and the Insurance Distribution Directive
- Treaty of Lisbon
- International insurance regulation and legislation
- ENFORCEMENT
- Fraud investigations and actions involving insurance companies
- Kickback, bribery, and corruption cases involving insurance companies or executives
- PROFILES
- Interviews with high-profile attorneys and regulatory officials
- Personnel moves
- Judicial appointments
Readership
- Insurance barristers and solicitors
- Corporate counsel and compliance officers at top British companies
- Executives and attorneys at insurance companies and corporate policyholders
- International insurance attorneys
- Information experts at law firms, agencies, and companies
- Policymakers at U.K. and EU agencies
- Judges and court staff
- Attorney and law firm marketing professionals