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Insurance & Reinsurance weekly highlights—8 May 2025

This week's edition of Insurance & Reinsurance weekly highlights includes: the case of Malhotra Leisure Ltd v Aviva Insurance Ltd; Greensill, Gupta get 2027 trial date over US$400m dispute; Regulatory costs claim 3.3% of insurance brokers revenue; cases and decisions; and key dates for your diary.

Greensill, Gupta get 2027 trial date over US$400m dispute

Law360, London: Administrators overseeing part of the collapse of Lex Greensill's empire will head to trial in October 2027 to seek US$400m from a Swiss insurance company that has accused the financier and one of his major former clients, Sanjeev Gupta, of fraud.

Regulatory costs claim 3.3% of insurance brokers revenue

Law360, London: Insurance brokers in the UK pay an average 3.3% of their annual revenue to cover regulatory costs, compared with only 1.9% paid by insurers, according to research published on 1 May 2025 by consultant London Economics.

Insurance & Reinsurance weekly highlights—1 May 2025

This week's edition of Insurance & Reinsurance weekly highlights includes: the case of Makin (by his mother and litigation friend) v The Restaurant Muse Ltd and others; the marine insurance market could face losses if premiums continue to soften in the face of mounting claims inflation, a broker warned; BoE speech on bulk purchase annuity sector priorities; CP10/25: PRA consults on supervisory expectations for banks and insurers in managing climate-related risks; EIOPA opens six consultations on the EU IRRD; IAIS publishes Year in Review 2024 report; United Insurance Brokers Limited charged with failure to prevent bribery; cases and decisions; and key dates for your diary.

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