In its priorities for 2025, the Prudential Regulation Authority (PRA) signalled that it would remain focused on the bulk purchase annuity (BPA) market.1 In a speech on 18 September 2025, the PRA has duly delivered a further...more
As the pace of M&A activity in the UK insurance and re-insurance sector increases, it is important for prospective overseas buyers to understand the process for obtaining approvals from the UK regulators; the Prudential...more
The Prudential Regulation Authority ("PRA") has issued a letter, dated 4 July 2025, to Chief Risk Officers of life insurers active in the bulk purchase annuity ("BPA") market. The letter focusses on the use of so-called...more
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 (“Competing Clauses”) and the effect of a...more
2/5/2025
/ Arbitration ,
Arbitration Agreements ,
Breach of Contract ,
Commercial Litigation ,
Contract Terms ,
Dispute Resolution ,
Insurance Industry ,
Insurance Litigation ,
Jurisdiction ,
Reinsurance ,
Reinsurance Agreements ,
UK