sa国际传媒

Insurance UK

  • July 31, 2025

    Yahoo Says Chubb Unit Must Cover Potential EU Privacy Fines

    Yahoo says a Chubb subsidiary is obligated to cover regulatory fines that might be leveled against one of the tech company's subsidiaries for violating the European Union's data privacy law, but the insurer has refused to honor the policy, according to a lawsuit filed this week in Delaware.

  • July 31, 2025

    Lloyd's, Loan Provider Settle $3M Pitcher Coverage Feud

    Lloyd's of London underwriters and loan service provider RockFence Baseball LLC have settled their dispute over coverage for the $3.16 million聽loan of a former Minnesota Twins pitcher, after a California federal judge ordered the parties into arbitration in January 2024.

  • July 31, 2025

    Pensions Ombudsman Says Caseload Is Outpacing Funding

    The Pensions Ombudsman said that its funding has failed to keep pace with the rising caseload of complaints, forcing it to look at artificial intelligence to help reduce waiting times.

  • July 31, 2025

    Tax Breaks On Pension Contributions Rise to 拢52.1B

    The total cost of pensions tax breaks has risen by 拢2.4 billion ($3.2 billion), government figures revealed Thursday, amid speculation about a raid by HM Treasury in the next Budget.

  • July 31, 2025

    Squire Patton-Led JTC To Buy Swiss Bank Unit For 拢20M

    JTC PLC said Thursday it plans to acquire a finance services company that caters to ultra-rich clients from Swiss private bank Union Bancaire Priv茅e SA for 拢20 million ($26.5 million), as the Jersey-based fund administrator seeks to increase its global presence.

  • July 31, 2025

    A&O Shearman Guides Brookfield On 拢2.4B Just Group Buy

    Investment giant Brookfield said Thursday that it plans to buy Just Group, a British life insurer, for 拢2.4 billion ($3.2 billion) in a deal steered by A&O Shearman and Slaughter and May.

  • July 30, 2025

    Insurers Lose Bid To Avoid $37M Ship Detention Payout

    A group of insurers on Wednesday lost their bid to escape paying out $37 million to the owners of a cargo ship detained by the Indonesian navy, with a London appeals court ruling that the detention was not excluded from cover.

  • July 30, 2025

    Sainsbury's Bank Partners With Allianz For Insurance Policies

    Insurance giant Allianz UK said Wednesday that it has penned a deal to offer replacement home and motor insurance policies to Sainsbury's Bank customers as their current cover expires.

  • July 30, 2025

    UK Gov't Forced To Repay 拢48.7M In Pension Overtaxation

    The government has had to hand back 拢48.7 million ($64.7 million) in the past three months to Britons who paid too much tax when tapping into their pension savings, figures revealed Wednesday, as experts say a fix for the long-running tax provision so far has shown little effect.

  • July 30, 2025

    Property Insurance Payouts Rise To 拢1.6B In 3 Months

    A trade body for British insurers has said the sector paid out 拢1.6 billion ($2.1 billion) in property claims between April and June, driven largely by adverse weather conditions in the U.K.

  • July 30, 2025

    Insurance Broker Aon Warns Of Looming Market Shift

    Aon said Wednesday that looming threats to the global economy from further geopolitical instability and major cyberattacks could soon mean a major shift in the underwriting market.

  • July 30, 2025

    Allianz Settles 拢9M Structural Dispute With Housing Trust

    Insurance giant Allianz and a London-based social housing provider have agreed to a settlement in a 拢9 million ($12 million) row over the cost of fixing a range of structural defects in a property in London.

  • July 30, 2025

    Looser SMCR May Leave Banks More Open To Fraud Charges

    The Financial Conduct Authority's proposed partial relaxation of the approval process under its senior managers regime as the U.K. pushes for deregulation could leave companies more exposed to fraud prosecution as the failure to prevent fraud offense goes live in September.

  • July 29, 2025

    Bridgehaven Buys Irish Insurer To Enter EU Market

    British insurance company Bridgehaven said it is poised to enter the European market after penning an agreement to buy the Irish insurer SureStone Insurance DAC.

  • July 29, 2025

    Tech Co. Accuses Seller Of Hiding Issues Ahead Of 拢20M Deal

    A group of companies owned by an American technology and security conglomerate has sued the former owner of a company it acquired for more than 拢20 million ($26.6 million), accusing him of concealing a raft of problems with the business.

  • July 29, 2025

    Global Insurance M&A Drops To Lowest Level Since 2008

    Geopolitical instability, persistent inflation and high interest rates have all contributed to a cautious global insurance market, with mergers and acquisitions activity during the first half of 2025 falling to its lowest since the 2008 financial crisis, according to a new report.

  • July 29, 2025

    EU Watchdog Finds Failings In AML Defenses At Crypto-Firms

    The banking watchdog of the聽European Union聽has warned that many crypto-asset companies lack effective anti-money laundering systems, reporting that abuse of services in the sector for financial crime is a major concern.

  • July 29, 2025

    Kirkland Guides Bridgepoint On German Broker Majority Stake

    U.K. private equity firm Bridgepoint said Tuesday that it has penned a deal to acquire a majority stake in German insurance broker Hanseatic Broking Center, in a deal steered by Kirkland & Ellis LLP and Sidley Austin LLP.

  • July 29, 2025

    Osborne Clarke Guides 拢37M Pension Deal For Heart Charity

    The British Heart Foundation's pension plan has agreed to a 拢37 million ($49.4 million) full scheme buy-in with mutual life insurer Royal London, consultancy Broadstone said Tuesday.

  • July 28, 2025

    FCA Flags AI Risks In Benchmark Administrators' Controls

    The City watchdog warned Monday that administrators of companies that set benchmarks lack consistency in how they manage data, saying there was inadequate evidence that their controls are evolving to cover risks from new technology such as AI.

  • July 28, 2025

    IMF Warns Of 'Difficult Decisions' On UK Pension Triple Lock

    The U.K. could be forced to rethink how it sets the state pension every year as it seeks to rein in spiraling public spending, the International Monetary Fund has warned.

  • July 28, 2025

    Investment Boss Told To Pay Back 拢170K From 拢37M Fraud

    A director of an ethical investment scheme imprisoned for defrauding investors out of 拢37 million ($50 million) was ordered by a court on Monday to pay back 拢170,000 or have two years added to his sentence.

  • July 28, 2025

    Veteran Banker Named Interim Chair Of Financial Ombudsman

    The City watchdog said Monday that it has appointed Liam Coleman as interim chair of the Financial Ombudsman Service, following a long career in banking and the public sector.

  • July 28, 2025

    Allianz Life Hack Attack Exposes Most Clients' Info

    Insurance giant Allianz has said that hackers have stolen personal data from most of its 1.4 million customers in America after cybercriminals hacked into a third-party system used by its U.S. subsidiary.

  • July 28, 2025

    Britons Fear Impact Of Inheritance Tax Change On Pensions

    Four out of 10 people in Britain are concerned about the government's decision to bring pensions within the scope of inheritance tax, according to a survey by a consultancy on Monday.

Expert Analysis

  • An ICO Reminder On Managing Subject Access Requests

    Author Photo

    Although the U.K. Information Commissioner's Office鈥檚 recent seven reprimands regarding mismanagement of data subject access requests are unusual, it is worth organizations considering what resources and training may be available to ensure these are properly managed in the future, says Ross McKenzie at Addleshaw Goddard.

  • Opinion

    Increasing Law Firm Polarization Will Degrade Rule Of Law

    Author Photo

    As evidenced in recent instances of law firms separating from attorneys who represented certain industries or espoused certain views, firms and the legal practice itself have grown troublingly polarized and intolerant of dissent, says Rebecca Roiphe at New York Law School.

  • The FTX Fallout So Far And What May Come Next

    Author Photo

    While the downfall of FTX is likely to cause substantial losses and lead to extensive litigation, it will hopefully precipitate a renewed focus on regulating the crypto market in a responsible way that gives more protection to consumers, says Dan Wyatt at RPC.

  • Hard Insurance Market Will Influence Legal Industry, Economy

    Author Photo

    As the cost of claims starts to outstrip the value of premiums, insurers are denying more claims and considering scaling back coverage, leading to an influx of legal work and potential holes in the market, says Bruce Hepburn at Mactavish.

  • Digital Nomads: Key Considerations For Global Businesses

    Author Photo

    As employers and employees embrace remote, location-independent work arrangements enabled by technology, they must be mindful of the employment law and tax consequences such arrangements may trigger, say Hannah Wilkins and Audrey Elliott at Eversheds Sutherland.

  • New License Eases Sanctioned Clients' Legal Fee Payments

    Author Photo

    The general license recently issued by the U.K. Office of Financial Sanctions Implementation permitting the payment of legal fees owed by a sanctioned company or individual will potentially reduce the agency's backlog and is welcome news for both lawyers and OFSI staff, say Zulfi Meerza and Syed Rahman at Rahman Ravelli.

  • Preparation Is Key To Businesses Minimizing Cyber Breaches

    Author Photo

    A recently published report by the U.K. Department for Digital, Culture, Media and Sport on organizational experiences of cybersecurity breaches highlights the importance of having breach response policies in place and being able to demonstrate that reasonable preventive and risk management steps were taken, says Lawson Caisley at White & Case.

  • UK Policyholders Can Expect Better COVID Claims Handling

    Author Photo

    The U.K. Financial Conduct Authority recently outlined some best practices for COVID-19 business interruption claims handling, which, along with recent High Court of Justice decisions, will likely lead to faster claims handling and clearer insurer communication, say Gurpreet Sanghera and Charlie Edwards at Simkins.

  • A Recovery Option For Lenders With Planes Stuck In Russia

    Author Photo

    For aircraft lessors considering insurance coverage litigation to recover for losses of equipment leased to Russian airlines, negotiating an assignment of rights may provide a faster pathway to recovery, say David Klein and Jose Lua-Valencia at Pillsbury.

  • Series

    My Favorite Law Prof: How I Learned To Argue Open-Mindedly

    Author Photo

    Queens College President Frank Wu reflects on how Yale Kamisar鈥檚 teaching and guidance at the University of Michigan Law School emphasized a capacity to engage with alternative worldviews and the importance of the ability to argue for both sides of a debate.

  • 4 Key Skills For An Effective Attorney Coaching Conversation

    Author Photo

    As BigLaw firms are increasingly offering internal coaching as one of many talent strategies to stem ongoing lawyer attrition, Stacey Schwartz at Katten discusses how coaches can help attorneys achieve their goals.

  • New Clarity On Directors' Creditor Duty In Insolvency Context

    Author Photo

    The recent case of BTI 2014 v. Sequana, the first to consider the creditor duty at U.K. Supreme Court level, provides directors and insolvency practitioners with significant guidance on how close to insolvency the company needs to be for the creditor duty to be engaged, say attorneys at Shearman.

  • FCA Pension Scheme Case Highlights Issues Ripe For Reform

    Author Photo

    The Financial Conduct Authority's response to the British Steel Pension Scheme case exposed wider issues within its regulatory approach and could demonstrate the need for industrywide reforms to minimize the risks with transferring out of a pension scheme, say Oliver Reece and Larisa Gordan at PwC.

  • What An Organization Can Do To Protect Its Supply Chains

    Author Photo

    In light of recent world events, supply chain issues have never been more critical for business, and to protect the commercial viability of their contracts, organizations should address performance concerns in good time, with a workable strategy in place should the chain break down, says Laura Heeley at Eversheds Sutherland.

  • German Draft Bill Reflects Trend Toward New Antitrust Tools

    Author Photo

    A recently proposed amendment to the German Act against Restraints on Competition continues the trend in Europe to equip authorities with greater powers, shifting from a more traditional approach to a more extensive market protection tool, say attorneys at Gibson Dunn.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Insurance UK archive.