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Insurance UK
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December 03, 2025
FCA Brings Forward Date To Tackle Motor Finance Complaints
The Financial Conduct Authority said Wednesday it would end the pause on some complaints about motor finance deals on May 31, two months earlier than it had originally planned.
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December 02, 2025
Helvetia, Baloise Cleared To Form 2nd-Largest Swiss Insurer
Swiss insurers Helvetia and Baloise have said that they have won the final approval for their planned merger, confirming that the deal to create the second-largest insurance group in Switzerland will close on Dec. 5.
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December 02, 2025
Hogan Lovells Steers Royal London In £55M Annuity Purchase
Insurer Royal London said Tuesday that it has covered £55 million ($73 million) of pension liabilities for a shipping insurance company, in a deal guided by Hogan Lovells and Wedlake Bell.
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December 02, 2025
FCA Censures Bookkeepers' Body For AML Oversight Failings
The Financial Conduct Authority said Tuesday it has censured the Institute of Certified Bookkeepers for serious deficiencies in its anti-money-laundering supervision, its first enforcement action against a professional body supervisor.
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December 02, 2025
TPT Picks Gowling, LCP To Advise Pension Superfund
TPT named the four firms that will advise its new defined benefit superfund on Tuesday, as the pension plan operator moves toward regulatory assessment.
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December 02, 2025
Gallagher Buys UK Pensions Admin Co. First Actuarial
Arthur J. Gallagher & Co. said Tuesday it has bought pensions company First Actuarial, as the U.S. company seeks to expand its services in the U.K.
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December 02, 2025
AXA Raises $340M For Infrastructure Development Fund
Insurer AXA has said that it has raised $340 million in the first round of funding for the Infrastructure Resilience Development Fund, which it launched in collaboration with Insurance Development Forum, a public-private industry partnership body.
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December 01, 2025
Capita Faces Legal Action Over 2023 Data Breach Failures
Capita faces a London claim on behalf of as many as 6.6 million people over the distress and financial loss caused by a 2023 cyberattack on the outsourcing giant that exposed their personal data.
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December 01, 2025
AmTrust Fights Sompo For £59M At Trial Over Legal Funding
AmTrust argued on the first day of trial on Monday that the insurer of two defunct law firms is liable to pay it £59 million ($78 million), in the latest development in the battle of who should cover the costs of a failed litigation-funding scheme.
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December 01, 2025
Investment Firms End $3.4B Pursuit Of Australian Insurer AUB
AUB Group Ltd. said Monday that talks with investment firms EQT AB and CVC Asia Pacific Ltd. have ended after the consortium said it would not proceed with a takeover of AUB worth AU$5.24 billion ($3.44 billion).
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December 01, 2025
Eversheds Leads Fertilizer Biz On £265M Pension Deals
Savings and investment group M&G PLC said Monday that the U.K. arm of global ammonia manufacturing giant CF Industries has completed two bulk purchase annuities worth a combined £265 million ($350 million).
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December 01, 2025
FCA Proposes ESG Ratings Regime To Boost Transparency
The Financial Conduct Authority proposed a regulatory regime for ESG ratings on Monday, a move to improve transparency and handling of conflicts of interest, which would support government ambitions for the U.K. to become a sustainable finance global hub.
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December 01, 2025
Partners& Enters Lloyd's Market With Broker Buy
Partners& Ltd. has bought a Lloyd's broker that focuses on property insurance, marking what it called the first step in building its broking business in the specialist marketplace.
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November 28, 2025
Union Deal Secures Rights For Civil Service Pension Workers
The Public and Commercial Services Union said on Friday that the company taking over the administration of the civil service pension program has agreed to officially recognize the union, after months of industrial unrest linked to the plan.
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November 28, 2025
ECJ Allows Portugal's Tax Checks On Foreign Pension Funds
Portugal could impose stricter requirements on non-resident pension funds that claim a tax exemption when proportionate, despite the European Union's rules on freedom of movement for capital, the bloc's top court has ruled.
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November 28, 2025
UK Still Mulling Tax Regime For Pension Surplus Release
The government has said it is still considering the tax regime for one-off payments to pension plan members under its controversial surplus release reforms.
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November 28, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen the National Crime Agency target an Azerbaijan politician and a subsidiary of Withers over a disputed £50 million ($66 million) property portfolio, the eldest son of a British aristocratic family challenge the trustees of their multimillion-pound estate, and a sports lawyer suspected of dishonesty face action by the Solicitors Regulation Authority following his firm's closure.
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November 28, 2025
Lawmakers To Probe UK Gov't Financial Inclusion Strategy
Lawmakers on the influential Treasury Committee unveiled a new investigation into the government's financial inclusion strategy on Friday, cautioning against treating Prime Minister Keir Starmer's plan as a "box-ticking exercise."
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November 28, 2025
Orrick Hires 4 Corporate Lawyers From Norton Rose In Munich
Orrick Herrington & Sutcliffe LLP has hired a group of four lawyers from Norton Rose Fulbright in Germany to boost its services to clients in mergers and acquisitions and private equity transactions.
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November 27, 2025
Payment Providers Face Liability Under New EU Fraud Rules
The council and parliament of the European Union agreed on Thursday that payment service providers will be held liable if they do not use modern and improved methods for preventing the sector from facilitating fraud.
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November 27, 2025
Pension Reforms Bill Set For December Report Stage
The U.K. government has confirmed lawmakers will scrutinize proposed changes to its flagship pension plan legislation on Dec. 3.
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November 27, 2025
UK Insurers Push For Clearer Sustainability Guidelines
Insurance companies warned Britain's regulators to revamp the Solvency UK regime and provide explicit regulatory guidance on climate and nature if they are to invest substantially more in sustainable assets, in a report published Thursday.
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November 27, 2025
UK Budget Will Cause 'Poorer Retirements,' Insurers Warn
The government risks pushing millions of people into poorer retirements through its plan to cap salary sacrifice arrangements, an insurance trade body has warned.
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November 27, 2025
Insolvency Service Gets Extra £25M To Tackle Rogue Directors
The Insolvency Service has described its additional £25 million ($33 million) in government funding over the next five years as a welcome boost to its bid to weed out rogue directors in Britain.
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November 26, 2025
Business Platform Launches Insurance Service With Admiral
A British business management platform has said it will start offering insurance to its members through a partnership launched with Admiral Business, in a bid to help close the protection gap among smaller organizations.
Expert Analysis
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How Climate, Finance And Trade Will Intersect In 2021
In the coming year, the Biden administration will likely align its policies on climate change, finance and trade more closely with those of international partners and organizations, leading to more coordinated action on climate standards that will be applied across the global economy, say consultants at C&M International.
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Perspectives
Finding A Path Forward To Regulate The Legal Industry
Gerald Knapton at Ropers Majeski analyzes U.S. and U.K. experiments to explore alternative business structures and independent oversight for law firms, which could lead to innovative approaches to increasing access to legal services.
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Whether And How To Compel Remote Arbitration
Excerpt from Practical Guidance
As the pandemic delays in-person arbitration hearings, mediator and arbitrator Theodore Cheng provides arbitrators with a checklist to examine the rationale and authority for compelling parties to participate in remote hearings.
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Creditors Welcome UK Supreme Court's Reflective Loss Decision
The U.K. Supreme Court's recent Sevilleja v. Marex decision benefits creditors and other stakeholders by excluding their claims from the reflective loss principle, which precludes third-party complaints that merely reflect company loss, say Robert Fidoe and Jack Moulder at Watson Farley.
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How Courts Are Encouraging Mediation In England And Wales
As the judiciary braces for widespread pandemic-driven contractual disputes, courts in England and Wales are showing enthusiastic support for mediation, both when determining the implications of a party's refusal to mediate and when assessing whether normal restrictions on the use of mediation-derived information apply, says Leah Alpren-Waterman at Watson Farley.
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Opinion
EU Class Action Policy Guided By Wrong Measure Of Success
The political agreement obtained last month on the first European Union-wide rules on collective redress illustrates the fact that the main goal of the authorities is to increase the number of class action claims rather than focus on the application of standard civil liability principles, says Sylvie Gallage-Alwis at Signature Litigation.
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An Attractive Regime For Governing Jurisdiction Post-Brexit
As indicated by the U.K.'s recent application to join the Lugano Convention, this is an "oven-ready" option for the U.K. for governing questions of jurisdiction and the enforcement of judgments with European Union countries after Brexit — but not without important differences from the current regime, say attorneys at Latham.
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Reinsurance Implications Of COVID-19 Biz Interruption Laws
In light of legislative and public pressure in the U.S. and U.K. on insurers to cover business interruption losses related to COVID-19, reinsurers will face new questions regarding their obligation to cover claim payments, say Robin Dusek at Saul Ewing and Susie Wakefield at Shoosmiths.
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UK Appellate Rulings Clarify Arbitral Choice Of Law
Two recent U.K. Court of Appeal decisions have changed the operation of the choice-of-law test for arbitration — a resolution as significant as changing the test itself because it affects the implied choices of the contracting parties, say attorneys at Squire Patton.
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Post-Pandemic Litigation To Expect In England And Wales
Globally, we are already starting to see insolvency-related claims and a number of insurance, breach of contract, employment and securities class actions across numerous sectors. These and other claims will likely increase for U.K. businesses, say Tracey Dovaston and Fiona Huntriss at Boies Schiller.
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UK Lawyers Can Adapt Due Diligence To Screen New Clients
As COVID-19-related fraud gains pace, U.K.-based practitioners should help combat money laundering by using alternative methods to verify that new clients are who they say they are, says Christopher Convey, a barrister at 33 Chancery Lane and chair of the Bar Council's Money Laundering Working Group.
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A UK Business View Of COVID-19's Economic Fallout
Covington attorneys Alex Leitch and Harry Denlegh-Maxwell provide a bird's-eye view of how U.K. businesses will navigate the legal and economic aftermath of the pandemic, including discussion of where litigation funding, class actions, insurance disputes and force majeure fit it.
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Remote Depositions Bring Ethics Considerations For Lawyers
Utilizing virtual litigation technologies and participating in remote depositions require attorneys to beware of inadvertently violating their ethical obligations, including the principal duty to provide competent representation, say attorneys at Troutman Sanders.
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Time For Presumptive Virtual Mediation In The UK
While the COVID-19 outbreak is a real-time test of the U.K. justice system’s adaptability and innovation, it is also an opportunity to deliver alternative dispute resolution through virtual technology — and there are two ways in which this could be achieved, says Suzanne Rab at Serle Court.
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UK 'Property' Classification Boosts Confidence In Bitcoin
In AA v. Persons Unknown, the English High Court classified bitcoins as property that can be the subject of proprietary injunctions, indicating the slow but growing acceptance of virtual currencies within the U.K., say Steven De Lara and Colin Grech at Signature Litigation.