United Kingdom: Insurance Laws and Products

The UK Supreme Court has ruled on whether government furlough payments received during the COVID-19 pandemic must be deducted from business interruption insurance claims under policy savings clauses. The decision addresses fundamental questions about the economic substance of government relief measures and their treatment under the indemnity principle, with significant implications for insurers and policyholders navigating similar disputes.

Our Motoring Defence team has seen a 300% increase in motorists who have unknowingly bought insurance from so-called “ghost brokers”: fraudsters selling invalid or manipulated policies that leave drivers completely exposed.

The Prudential Regulation Authority has published proposals for a fundamentally new regulatory framework specifically designed for captive insurers in the United Kingdom, representing the most significant structural expansion of UK insurance regulation since Solvency UK. This tailored regime would create a distinct category of insurer with meaningfully lower capital, governance and reporting requirements, aimed at making the UK the location of choice for captive insurance business and onshoring captives cur

As part of our Resilient Infrastructure series, we sat down with Andy Cox, Head of Energy Transition at insurance group Howden, to discuss the industry's role in building assets that last.

The Financial Services and Markets Bill 2026-27 received its first reading in the House of Lords on 19 May 2026, the latest step in a recalibration of aspects of the UK's financial services regulatory framework.

This comprehensive monthly bulletin tracks the latest regulatory developments across UK, EU, and US financial services sectors, covering everything from motor finance...

In March 2026, the UK Prudential Regulation Authority (PRA) fined U K Insurance Limited (UKI) £10.6 million for failures relating to an overstatement of its Solvency Capital Requirement Coverage Ratio between 2023 and 2024.

In the recent decision in Guy Carpenter & Company Ltd v Willis Re (UK) Ltd [2026] EWHC 361 (KB)...

It has been widely reported that the recent escalation of conflict in the Middle East has led to marine insurers cancelling war risks cover for vessels operating in the Strait of Hormuz...