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Insurance UK

  • April 10, 2025

    Goldman-Backed Broker Buys UK Rival Moore Robinson

    Insurance intermediary Clear said Thursday that it has acquired Moore Robinson Ltd., a specialist property broker based in the City of London, as the group moves to strengthen its U.K. retail arm.

  • April 10, 2025

    Pensions Regulator's AI Tool Takes Aim At Criminals

    The retirement savings watchdog has helped develop artificial intelligence technology to identify and remove websites that attempt to defraud people and steal their pension funds.

  • April 10, 2025

    FCA Boss Rathi Appointed To 2nd Term With Growth Focus

    HM Treasury said Thursday that it has reappointed Nikhil Rathi as chief executive of the Financial Conduct Authority to continue its reform of the regulations to support economic growth.

  • April 09, 2025

    Gallagher Liable For Data Breach Insurance Cover Failure

    Gallagher must compensate a housing trust for its botched handling of insurance cover following a data breach, after a London court ruled that the trust had lost out on the chance to be insured for a combined total of up to £11 million ($14 million) across three different policies.

  • April 09, 2025

    Howden Accused Of Poaching Entire W&I Team From PIB

    A subsidiary of insurance consolidator PIB has accused Howden of decimating its warranty and indemnity team by poaching 32 staffers and executives and for recruitment in the rival's underwriting division, Dual.

  • April 09, 2025

    Scottish Friendly Acquires £2.16B In Fidelity Pension Assets

    Mutual life insurer Scottish Friendly said Wednesday that it has acquired £2.16 billion ($2.76 billion) of pension and annuity payment books of British investment firm Fidelity International.

  • April 09, 2025

    EU Unveils Road Map To Simplify Insurance Regulations

    The European Union's insurance watchdog has unveiled a plan that aims to simplify financial services regulations in a bid to drive growth amid economic instability.

  • April 09, 2025

    Rothesay Seals £105M Pensions Deal With Skipton

    A pension plan for U.K. building society Skipton has agreed a £105 million ($135 million) full buy-in deal with insurer Rothesay Life PLC, securing the benefits of all 705 members.

  • April 08, 2025

    Kuwait Pension Chief's Estate Denies $1B Bribery Claims

    The estate of the deceased Kuwaiti pension authority director denied on Tuesday that the businessman was involved in an unlawful scheme of corrupt payments in excess of $1 billion, saying he believed the payments were legitimate and above-board.

  • April 08, 2025

    Trade Body Urges Softer Regulatory Touch On PEPP Rules

    A trade body for Europe's investment managers urged watchdogs in the bloc on Tuesday to relax regulatory restrictions on providers of the pan-European pension product in a move to boost demand by investors.

  • April 08, 2025

    Aviva Detected 14% Rise In Claims Fraud In 2024

    Aviva PLC encountered a 14% rise in the number of fraudulent insurance claims in the U.K. last year, comprising more than 12,700 suspected false claims worth £127 million ($162 million), the insurer said in a report Tuesday.

  • April 08, 2025

    RPC, Weil-Led Howden Closes Buy Of UK Consultant

    The insurance broker giant Howden Group Ltd. has finalized its acquisition of Barnett Waddingham, a professional services consultant, to create a major player in the U.K.'s pensions and employee benefits sector.

  • April 08, 2025

    FCA Boosts Testing Support For Innovative Products

    The financial watchdog said Tuesday that it will make it easier for companies to test innovative products and support those which apply for regulatory approval as part of its work program for 2025/26.

  • April 08, 2025

    BoE Proposes Faster Investment Recognition For Insurers

    The regulatory arm of the Bank of England said Tuesday that it wants to make it easier for insurance companies to invest in the U.K., part of a process to boost the competitiveness of the domestic economy.

  • April 07, 2025

    FCA Proposes Lighter Rules For Hedge Fund Managers

    The Financial Conduct Authority proposed Monday to reform its regime for alternative asset managers, making it easier to enter the market and grow the business.

  • April 07, 2025

    Doubts Grow Over Impact Of UK Capital Market Deregulation

    Government efforts to revitalize the country's sluggish economy by stripping away regulatory burdens on financial markets have raised concerns among lawyers that consumers might be exposed to more risk, amid doubts that the steps can stimulate broader U.K. economic output.

  • April 07, 2025

    EU To Assess Interest Rate Changes On Pension Funds

    Europe's insurance regulator said Monday that it will assess how changes in interest rates tied to geopolitical tensions may harm pension funds during its fifth annual stress test on the sector.

  • April 07, 2025

    Wealth Manager Quilter Buys NHS Pensions Analyst

    Quilter PLC said Monday that it has acquired MediFintech, an analyst of National Health Service pensions, as the wealth manager looks to bolster its advisory arm to cope with a change to public service retirement plans.

  • April 07, 2025

    Allianz Luxembourg Unit Penalized For AML Breaches

    Luxembourg's financial regulator has hit the domestic branch of insurer Allianz with a €283,000 ($310,000) fine for breaching the country's anti-money-laundering and terrorist-financing rules.

  • April 07, 2025

    Fidelity Japan Rejects Merger Approach From AVI Japan

    The board of Fidelity Japan Trust has rejected a merger proposal from rival AVI Japan Opportunity Trust, telling its shareholders to vote to continue with its current strategy instead.

  • April 04, 2025

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

    This past week in London has seen Russian industrialist Oleg Deripaska target the intelligence arm of CT Group with a commercial fraud claim, Big Technologies sue its former CEO for allegedly concealing interests in several shareholders, and an investment firm tackle a professional negligence claim by Adidas. Here, Law360 looks at these and other new claims in the U.K.

  • April 04, 2025

    Pension Protection Fund Says 'Time Is Right' To Review Rules

    Britain's pensions compensation fund has said the "time is right" to review a range of key areas of its governing legislation, including how it sets its levy and rules determining how benefits for older pensioners rise.

  • April 04, 2025

    Cyber Insurance Market To Double By 2030, Munich Re Says

    The cyber insurance market is expected to more than double by 2030 at an annual growth rate of over 10% despite slow growth in the last two years, German multinational reinsurance company Munich Re said Friday.

  • April 04, 2025

    TUI Pilot Wins Pension After Losing Forced Retirement Claim

    An employment tribunal has ruled that a former TUI Airways pilot is entitled to almost £15,000 ($19,500) in pension contributions, despite tossing his claim for age discrimination and unfair dismissal the year before.

  • April 04, 2025

    Pension Members 'Afraid' Of Gov't Surplus Extraction Plans

    Nearly all members of defined benefit pension schemes in Britain do not want politicians interfering in their operations, polling reveals, as policymakers move to relax retirement savings rules to allow schemes to invest billions of pounds tied up in surpluses.

Expert Analysis

  • The Lawyer's Daily

    How To Requalify As A Lawyer In Canada

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    Becoming a lawyer in Canada is a challenging experience for foreign qualified lawyers. In addition to the bar exam, hurdles include obtaining certification from the National Committee on Accreditation, and complications from moving to Canada halfway through the process, says Kyle Abrey, in-house counsel at the Royal Bank of Canada.

  • Legal Technology Is Likely To Flourish In The UK

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    The U.K. may soon surpass the U.S. in legal technology, thanks to regulatory reform, law firm investment and an entrepreneurial environment, says Bridget Deiters of InCloudCounsel.

  • Opinion

    Legal Operations Teams Are Gaining Popularity In EU

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    As the European and global economies continue to change, any legal department that does not want to get outflanked by faster, more agile competitors should consider the value that legal operations teams have to offer, says Hans Albers, president of the Association of Corporate Counsel Europe.

  • Why Proper Document Redaction May Be An Ethical Duty

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    Paul Manafort's attorneys recently filed a court document containing incompletely redacted information, highlighting the need for attorneys to become competent at redaction — or at least at verifying that redaction has been performed correctly. Failure to do either could be construed as legal malpractice, says Byeongsook Seo of Snell & Wilmer LLP.

  • Why The Flood Of GDPR Litigation Has Been Delayed

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    Eight months into the General Data Protection Regulation regime, we have not yet seen the expected deluge of U.K. class actions, but be warned — the floodgates will not remain closed, says Bryony Hurst of Bird & Bird LLP.

  • Opinion

    Law Schools Should Be More Like Medical Centers

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    Medical centers and their faculty matter to the practice of medicine. Law schools and their faculty do not matter to the practice of law, says J.B. Heaton of J.B. Heaton PC.

  • Opinion

    Courts Are Getting It Right On Litigation Funding Discovery

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    Earlier this month, a California federal court denied discovery into the identification of third-party funders with a financial interest in the outcome of an underlying patent infringement action. This decision in MLC v. Micron follows a long line of well-reasoned precedent across U.S. federal courts, say Matthew Harrison and Sarah Jacobson of Bentham IMF.

  • Worldwide Freezing Orders Can Backfire Without Proper Care

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    Worldwide freezing orders, which preserve a respondent's assets until the outcome of the substantive case, are an important weapon in the arsenal of a commercial litigant. However, as FSDEA v. Dos Santos demonstrates, courts lay heavy obligations upon WFO applicants, says Nicola McKinney of Grosvenor Law Ltd.

  • UK Litigation And Guidance Highlight Cybersecurity Risk

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    Recent developments in the United Kingdom emphasize the importance of companies implementing cybersecurity measures proactively both to prevent incidents and to argue in mitigation when, not if, the company does suffer a data breach, say Guillermo Christensen of Ice Miller LLP and Anupreet Amole of Brown Rudnick LLP.

  • 2 BVI Cases Explore Scope Of Proper Purpose Test

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    Two recent cases in the Eastern Caribbean Court of Appeal have presented British Virgin Island courts an opportunity to develop a local jurisprudence regarding the BVI Business Companies Act and provide guidance on how the proper purpose test is to be applied, says Rosalind Nicholson of Walkers Global.

  • Last-Minute Brexit Preparations For EU Financial Firms

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    As the deadline for a hard Brexit draws ever closer, financial firms operating in the United Kingdom or European Union must consider how possible outcomes will impact transactions and contractual relationships, and take steps to mitigate business interruptions, say Gilles Kolifrath and Linda Sharkey of Kramer Levin Naftalis & Frankel LLP.

  • What To Expect From Serious Fraud Office In 2019

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    The coming year looks to be an interesting one for the U.K. Serious Fraud Office. With new Director Lisa Osofsky firmly in post, expectations are high that she will shake things up in the next few months, say Anna Gaudoin and Alison Geary of WilmerHale.

  • UK Privacy Rules That Can Catch You Off Guard

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    The recent data breach scandal involving the Leave.EU campaign shows that the U.K. Privacy and Electronic Communications Regulations is often overlooked by businesses, says Alexander Edwards of Rosling King LLP.

  • Autonomous Vehicles And UK Product Liability Law: Part 2

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    With autonomous vehicles expected to hit the streets of the United Kingdom soon, manufacturers, insurers and their legal counsel face the challenge of determining how the U.K.'s product liability laws will be applied to questions of negligence, evidence and contracts raised by self-driving vehicles, says Michaela Herron of Bristows LLP.

  • Autonomous Vehicles And UK Product Liability Law: Part 1

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    Autonomous vehicles present a number of challenges to the United Kingdom's product liability legal framework, especially with regard to the vehicles' heavy reliance on software, consumers' expectations of safety and the need for compliance with varying local traffic rules, says Michaela Herron of Bristows LLP.

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