United Kingdom: Reinsurance

The High Court examined whether reinsurance losses from Covid-19 conference cancellations could be aggregated by jurisdiction under multi-line excess of loss treaties.

The Prudential Regulation Authority has unveiled proposals for a new UK captive insurance regime designed to boost competitiveness and provide businesses with greater flexibility in managing risk. The consultation paper outlines a bespoke framework with lower capital requirements, faster authorisation processes, and simplified governance structures compared to Solvency UK.

In the Russian Aircraft Litigation – Operator Policy Claims [2026] EWHC 1134, the Commercial Court ordered that contribution claims totalling approximately USD 350 million...

Berytus Insurance & Reinsurance v. Golden Adventure Shipping [2025] EWHC 664 (Comm), The Rubymar.

Aviation insurance supply remains plentiful, but the dark clouds hanging over the markets have changed shape, suggesting that more challenging conditions might emerge as 2025 progresses.

The English Commercial Court has handed down an important decision highlighting the approach adopted by the English court when there are competing jurisdiction and arbitration clauses...

As regulatory pressures and scrutiny from stakeholders continues to grow, having an Environmental, Social and Governance (ESG) strategy in place has become more and more important.

A recent decision sheds light on the court's approach to an application for an anti-suit injunction where there is a dispute of fact that affects the question of whether...

In this article, we consider the PRA's latest proposals to enable UK insurers to exit the market in an orderly manner and share our insights on the specific requirements firms may expect to face.