Insurers covering vessels transiting the Strait of Hormuz could be at risk of breaching international sanctions against Iran if they reimburse shipowners that might be forced to pay transit tolls to Tehran under any settlement reached after the war, legal experts warned.
The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
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Insurers covering vessels transiting the Strait of Hormuz could be at risk of breaching international sanctions against Iran if they reimburse shipowners that might be forced to pay transit tolls to Tehran under any settlement reached after the war, legal experts warned.
The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
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August 20, 2026
International Public Partnerships, an infrastructure investment company, has agreed to divest its holdings in nine projects involving 15 London schools, a move it expects will generate gross proceeds of more than £58 million ($79 million) when the deal completes.
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August 20, 2026
A group of British pension plans has committed £400 million ($545 million) to an investment fund of collected retirement savings programs designed to invest capital into local infrastructure and other U.K. assets.
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August 20, 2026
The U.K. government should involve commercial insurers at an early stage when developing major infrastructure, climate resilience, digital and industrial projects, a trade body for the sector said Thursday.
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August 20, 2026
The Financial Conduct Authority has set out poor practice it found in lenders' plans for implementing its motor finance redress system, including inadequate data management controls.
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August 20, 2026
Pensions management company Isio has acquired retirement savings administration provider Trafalgar House Pensions Administration Ltd., in a move to expand the range of plans Isio can support.
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August 20, 2026
Standard Life PLC launched a partnership with a consortium of major global financial companies on Thursday to expand in the U.K. pension risk-transfer market, with a combined initial capital commitment of up to £2 billion ($2.7 billion).
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August 19, 2026
The Financial Conduct Authority said Wednesday it has fined and banned the former chief executive of a wealth management and stockbroking firm that has since entered administration, finding he failed to properly manage the firm and to put customers' interests ahead of its profits.
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August 19, 2026
Lane Clark & Peacock has called for "urgent" government intervention to address the tax implications for savers if the state pension increases by 4.1% from next April under the triple-lock policy formula, which the consultancy said is "highly likely."
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August 19, 2026
Reinsurer Malibu said Wednesday it has successfully raised $125 million through selling shares, funds that could help bolster its operations and capital position.
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August 19, 2026
Pension Insurance Corporation said Wednesday it has taken on £58 million ($79 million) worth of retirement savings liabilities from a plan sponsored by the Institute of Chartered Accountants, in a deal guided by Addleshaw Goddard and Eversheds Sutherland.
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August 19, 2026
Reinsurance giant Munich Re said Wednesday it has agreed to acquire U.S.-based cyber insurance security company At-Bay in a $575 million deal.
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August 19, 2026
Peabody Trust has agreed to settle a £910,000 ($1.23 million) dispute with its insurer over the cost of switching building contractors after it went bust.
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August 18, 2026
SBB Law's insurer has denied it owes £19.5 million ($26.4 million) to the administrator of the collapsed law firm over after-the-event premiums that covered its clients' cavity wall insulation claims, arguing the policies it wrote were based on "untrue" representations the law firm made.
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August 18, 2026
Pinsent Masons LLP has advised Polish brokerage business MJM Group on its acquisition of a health insurance distributor and a digital administrator of group life insurance programs in the central European country.
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August 18, 2026
British insurance broker Jensten Group has acquired the largest franchise within the wider Coversure Insurance Services network in the U.K. to solidify its regional footprint and broking capabilities.
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August 18, 2026
The Financial Conduct Authority said Tuesday it has found "weaknesses" in financial crime controls at some U.K. wealth managers, including gaps in checks on clients' wealth, transactions, political exposure and sanctions.
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August 18, 2026
A former finance lawyer at Ashurst Perkins Coie has been struck off for making a fraudulent insurance claim for a stolen bicycle that was not covered by an existing policy at the time the theft took place.
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August 17, 2026
Acrisure secured a court order Monday barring its former CEO and CFO from using confidential information they had allegedly emailed themselves before joining rival insurance broker The Ardonagh Group.
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August 17, 2026
A retirement savings trade group said Monday that the government must provide "clearer justification" for elements of its proposed plans to hike levies on pension funds to plug a £154 million ($209 million) shortfall in the cost of regulating the sector.
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August 17, 2026
Mothercare said Monday it has completed a full buyout of the liabilities of its executive pension plan, removing the early years brand's obligation to fund the plan and transferring responsibility for paying members' benefits to an insurer.
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August 17, 2026
The Irish government has launched Ireland's first national anti-money laundering strategy, which it says is the most significant strengthening of its financial crime framework in years.
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August 17, 2026
A metals processing company has sued its insurers for at least £7 million ($9.5 million) for their alleged failure to pay out for damage caused by a fire that shut down operations at its site.
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August 17, 2026
The Financial Conduct Authority said Monday it has appointed new financial services attachés for India and the UAE to support international investment in the U.K.
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August 17, 2026
Hiscox Ltd. said Monday that it has launched a share buyback program worth up to $150 million — the second part of its $300 million stock repurchase scheme, which kicked off Feb. 25.
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August 14, 2026
The past week in London has seen newly signed Real Madrid footballer Yan Diomandé sued over access to his image rights, Nigel Farage and Reform UK deputy leader Richard Tice accuse the NCA of leaking confidential financial information, and a right-wing American journalist hit The Guardian with a libel claim.