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Insurance and reinsurance weekly briefing: UK and EU regulatory updates and consultations, Lloyd’s market IT overhaul delay, AI in reinsurance, and key 2025 case law—11 September 2025

Published on: 11 September 2025

Published by a LexisNexis Insurance & Reinsurance expert
Legal News
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Article summary

In this issue:

  • Reinsurance
  • Market practice
  • UK Regulation
  • EU Regulation
  • Cases tracker
  • Dates for your diary
  • New and updated content
  • Daily and weekly news alerts
  • LexTalk®Insurance: a Lexis®Nexis community

Reinsurance

Law360, London reports that Swiss Re’s 8 September 2025 paper says artificial intelligence will be a “game changer” for the reinsurance sector as it contends with an ever more volatile geopolitical environment. See: AI crucial to navigate shift in insurance risks, swiss re says.

Market practice

On 4 September 2025, Lloyd’s of London confirmed the next stage of its long‑anticipated modernisation programme has been deferred, with go‑live now expected in 2028. See: Lloyd’s delays overhaul of markets IT until 2028.

UK Regulation

CP25/24: FCA consultations include PISCES penalties, UKLR buy-back notifications and contactless payment limits

The Financial Conduct Authority has issued quarterly Consultation Paper No. 49 (CP25/24), proposing Handbook amendments across nine areas. Among the changes, it plans to reduce how often retail intermediaries must submit data under the retail mediation activities return. Comments are invited by 15 October 2025. See: LNB News 10/09/2025 19.

EU Regulation

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