Data centers concentrated in areas prone to environmental catastrophes could expose insurers to growing legal risks, experts have warned.
Insurers in London have gained greater protection against claimants that ignore U.K. arbitration clauses and sue them in foreign courts, after a landmark ruling by the U.K. Supreme Court on Wednesday.
Proposals by the Financial Conduct Authority to replace its senior managers regime approval process for some roles with company-led notifications of appointments to the regulator could create openings for bad apples, lawyers have warned.
Financial services companies face closer scrutiny of weaknesses in their artificial intelligence governance and controls, with enforcement risk rising where significant consumer harm arises, lawyers have warned.
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Data centers concentrated in areas prone to environmental catastrophes could expose insurers to growing legal risks, experts have warned.
Insurers in London have gained greater protection against claimants that ignore U.K. arbitration clauses and sue them in foreign courts, after a landmark ruling by the U.K. Supreme Court on Wednesday.
Proposals by the Financial Conduct Authority to replace its senior managers regime approval process for some roles with company-led notifications of appointments to the regulator could create openings for bad apples, lawyers have warned.
Financial services companies face closer scrutiny of weaknesses in their artificial intelligence governance and controls, with enforcement risk rising where significant consumer harm arises, lawyers have warned.
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November 03, 2026
Insurers were involved in $2.6 billion of legacy portfolio deals in the third quarter of the year, more than double the value of transactions carried out in the first six months of 2026, according to new data from PwC.
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November 03, 2026
Insurance company Standard Life has appointed former Pension Protection Fund boss Michelle Ostermann as group chief investment officer.
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November 03, 2026
Allianz failed to have an apartment block owner's £4.2 million ($5.6 million) fire safety repairs claim thrown out on Tuesday, with a London appeals court rejecting its challenge over whether the defects posed a threat of "imminent" damage.
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November 03, 2026
The U.K. government on Tuesday proposed plans that would require retirement savings providers to offer people approaching retirement with default pension options.
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November 03, 2026
U.K. insurance administration specialist Uris has announced that its subsidiary has acquired Cavere Group Ltd., whose businesses include a managing general agent, in line with its ambitions to expand its offerings.
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November 02, 2026
Scottish Widows has become one of the first U.K. pension providers to direct retirement savings into early-stage science and technology ventures amid efforts to boost investment in the domestic economy, an investment manager said Monday.
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November 02, 2026
Organizations that deploy autonomous agents powered by artificial intelligence are still responsible for their use and compliance with existing legal and regulatory frameworks, four of the country's leading regulators have said.
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November 02, 2026
A Caribbean reinsurer has hit back at a $19.3 million claim in a film financing dispute involving the upcoming Pierce Brosnan movie, "Cliffhanger 2."
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November 02, 2026
Private equity firm Advent said Monday that it has teamed up with the Abu Dhabi Investment Authority to buy Vermeg, a global provider technology for capital markets and life insurance, from Charterhouse Capital Partners.
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October 30, 2026
U.K. companies could face more workplace disputes costing thousands of pounds as new employment reforms take off, insurance firm Gallagher has warned, after its recent survey found two-thirds of complaints now lead to threats of legal action.
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October 30, 2026
A former marine insurance claims handler who diverted around $4 million into accounts he controlled has been sentenced to seven and a half years in prison, City of London Police said Friday.
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October 30, 2026
A judge ruled on Friday that Aviva Insurance does not have to pay out to a group of University of Oxford colleges that claimed to have lost £62 million ($83 million) in the COVID-19 pandemic.
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October 30, 2026
The past week in London has seen British-Georgian business executive George Howard Richmond file a claim against high-profile individuals including former Georgian President Mikheil Saakashvili and the Mittal family, a DP World subsidiary file the latest claim in ongoing litigation with the Republic of Djibouti, and the U.S. government bring a claim against the owners of cargo ship M.S. Solong.
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October 30, 2026
Gateley PLC has hit back against a £820,000 ($1.1 million) negligence claim, denying that it's liable for any advice provided on a residential property investment company's pension program by its predecessor.
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October 29, 2026
The European Union's pensions and insurance watchdog on Thursday said persistent geopolitical tensions remain the key source of financial risk for retirement savings schemes across the bloc.
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October 29, 2026
King & Spalding LLP-advised Utmost Group PLC said it has completed the disposal of its bulk purchase annuity business to JAB Insurance, simplifying its group structure.
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October 29, 2026
A health insurance company has sued a digital healthcare subcontractor for more than £4 million ($5.3 million) alleging it breached a contract by capping access to virtual GP appointments and forcing the insurer to find alternative providers.
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October 29, 2026
The Pensions Regulator said Thursday that the growing use of artificial intelligence by trustees does not change their existing duties and responsibilities, warning that pension programs are ultimately responsible for the way they use AI tools.
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October 28, 2026
Legal & General has said Royal Mail has transferred its £2.45 billion ($3.3 billion) defined contribution pension scheme to the insurer's master trust, the largest completed move of its kind in the U.K. as pension assets increasingly shift into bigger schemes.
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October 28, 2026
Holman Fenwick Willan LLP has hired the former head of DAC Beachcroft LLP's China desk as a partner in London, bolstering its insurance practice as Chinese corporates expand globally.
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October 28, 2026
Insurance sector investor Minority Broker Partnerships said Wednesday it has acquired a minority holding in Caleb Roberts Insurance Services, its seventh investment in 12 months.
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October 28, 2026
The government announced plans on Wednesday to protect pensioners from paying income tax on the state pension, which is set to rise above the basic income tax threshold.
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October 28, 2026
The U.K. Supreme Court on Wednesday backed a marine insurer's attempt to seek damages from Spain and France for suing it in Spanish courts over damages from a massive oil tanker spill rather than using arbitration in London.
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October 27, 2026
Insurance software provider Guidewire said Tuesday it has agreed to buy artificial intelligence platform Hyperexponential for up to $2.1 billion, a move it hopes will help it to provide agentic underwriting.
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October 27, 2026
Insurance firm QBE isn't liable to compensate a man who had a stroke after a bouncer held him in a headlock outside a bar, a London appeals court ruled Tuesday.