Reinsurance News

UK insurance

UK bulk annuity market sees record deal volumes as competition intensifies, says Aon

30th March 2026

The UK bulk annuity market recorded its busiest year to date in 2025, according to Aon, a global professional services firm that provides advice and solutions across risk, retirement and health. Aon attributes the high level of activity to intensifying competition, particularly in smaller transactions, alongside continued insurer appetite across the ... Read the full article

B.P. Marsh invests in energy-focused start-up broker Ventura

18th March 2026

B.P. Marsh & Partners Plc, an investor specialising in early-stage financial services businesses, has announced an investment in Ventura Risk Partners Holdings Limited, a newly established insurance broker focused on energy risks within the Lloyd’s and wider London insurance markets. As part of the transaction, B.P. Marsh has taken a 25% ... Read the full article

MGAA supports launch of REG Risk 365 to improve counterparty oversight

18th March 2026

The Managing General Agents’ Association (MGAA), the representative body for UK managing general agents (MGAs), has welcomed the launch of REG Risk 365 by REG Technologies. The new module, part of the REG Network, is designed to enhance governance of counterparties across the insurance distribution chain. The introduction of REG Risk 365 ... Read the full article

UK pension schemes urged to review full range of endgame options: Aon

16th March 2026

UK defined benefit (DB) pension schemes are being encouraged to evaluate the full range of available endgame options as the market evolves, according to Aon plc, a professional services firm that provides risk, retirement and health solutions. The firm said that DB schemes are entering 2026 with a broader set of ... Read the full article

Mission strengthens UK and Europe team with four senior appointments

9th March 2026

Mission, a MGA incubator, has announced four senior appointments as part of efforts to strengthen its UK and European operations and support its ongoing growth strategy. The company has appointed Abz Shipon and James Gallagher as Account Directors, Courtenay Davison as Head of Technology Delivery, and Rayhanah Russell as Programme Manager. Mission ... Read the full article

Brokerslink appoints Everywhen as UK employee benefits partner

5th March 2026

Broking group Brokerslink has reinforced its international footprint by welcoming Southampton-based employee benefits specialist Everywhen as its newest partner in the United Kingdom. This partnership enhances Brokerslink’s employee benefits offering across the UK, pairing Everywhen’s local market knowledge with the strength and reach of a worldwide broking network. Established in 2005, Everywhen ... Read the full article

Jointly AI introduces autonomous insurance brokerage platform for UK personal lines brokers

23rd February 2026

Jointly AI, a UK-based insurance technology company focused on automating brokerage operations, has announced the release of Jointly AI Broker, an end-to-end autonomous AI platform developed for personal lines brokers in the United Kingdom. The company describes the product as a fully operational brokerage system rather than a conversational assistant. Instead ... Read the full article

PERILS issues final industry loss estimate of €765m for Windstorm Éowyn

26th January 2026

PERILS, the independent Zurich-based organisation that provides industry-wide catastrophe insurance data, has published its fourth and final industry loss estimate for Windstorm Éowyn, which affected the British Isles on 24 and 25 January 2025, with PERILS stating that the final estimate of the insured market loss stands at €765 million. Read the full article

UK insurers integrate sustainability as core risk but seek regulatory clarity to drive greater impact

26th November 2025

The UK insurance sector is making notable strides in embedding sustainability across investment, underwriting and risk management, according to Insurers for Purpose – Navigating sustainability integration across the insurance sector, a report by Pensions for Purpose commissioned by Federated Hermes, Fidelity International, Gresham House, Mercer, SAIL Investments and Solas Capital. The ... Read the full article

UK life insurers ‘resilient’ to severe financial markets stress: PRA’s LIST 2025

18th November 2025

Major UK life insurers, particularly the eleven largest firms active in the bulk purchase annuity (BPA) market, are resilient to a severe but plausible financial markets stress scenario, according to the recently published Prudential Regulation Authority (PRA) 2025 Life Insurance Stress Test (LIST 2025). Conducted for the third time, this exercise ... Read the full article

Moody’s: UK life and P&C insurers maintain stability amid economic pressures

15th October 2025

According to Moody’s Ratings, the outlook for the UK life insurance and property and casualty (P&C) sectors remains stable, even as economic challenges continue to weigh on the broader market. Moody’s notes that while slower economic growth may dampen demand for discretionary life protection and savings products, strong pension activity and ... Read the full article

UK insurers confront shifting market conditions: S&P

12th September 2025

UK insurers are navigating a landscape shaped by economic uncertainty, regulatory changes, and industry consolidation, according to a recent assessment by S&P Global Ratings. The credit rating agency sees both growth prospects and structural challenges across the life and property and casualty markets (P&C). S&P noted demand in the life insurance sector ... Read the full article

UK bulk annuities show strong activity in H1’25, according to Aon

19th August 2025

Aon, a professional services firm specialising in risk, retirement, and health solutions, has reported that the UK bulk annuity market remained active in the first half of 2025, despite a modest slowdown in overall volumes compared with the latter half of 2024. According to Aon’s Insurer Due Diligence team, the market ... Read the full article

London Market Group reports stronger confidence in UK financial regulators

1st August 2025

The London Market Group (LMG), a collective body representing the specialist commercial re/insurance market in London, has published the results of its second Regulatory Sentiment Indices. The data shows a clear improvement in how firms view the performance of the UK’s two key financial regulators: the Financial Conduct Authority (FCA) and ... Read the full article

Allianz UK and Sainsbury’s Bank sign new insurance partnership to broaden market access

30th July 2025

Allianz UK, part of the financial services group Allianz SE, has signed a new insurance agreement with Sainsbury’s Bank as it looks to expand its reach in the UK retail insurance market. Starting 1 November 2025, Allianz UK will provide replacement home and motor insurance policies to existing Sainsbury’s Bank customers ... Read the full article