June 3, 2015
The risk of a British exit [‘Brexit’] from the European Union is causing major political uncertainty for the insurance industry, the chief executive of the Association of British Insurers (ABI) said on Tuesday. This is compounded by the risk of …
January 28, 2015
The Association of British Insurers announced that the cost of home insurance has fallen over the last year according to its latest Average Quarterly Household Premium Tracker, which is based on information from ABI members, who cover 90 percent of …
January 21, 2015
the Association of British Insurers announced that it has launched a campaign for Flood Free Homes, “supported by Friends of the Earth, Know Your Flood Risk, National Flood Forum, and the Property Care Association’s Flood Protection Group.” The ABI said …
December 18, 2014
The UK’s insurance industry and Government have announced the final agreement securing the development and delivery of Flood Re, described as a “pooled insurance system which will allow even the highest risk homes to insure against floods,” by the Association …
December 2, 2014
The Association of British Insurers (ABI) has commended the UK government’s adoption of plans to tackle flooding announced today, which include plans to spend £2.3 billion ($3.6 billion] on building defenses to reduce the damages caused by floods that regularly …
November 20, 2014
The Association of British Insurers (ABI) announced that Huw Evans will succeed Otto Thoresen as Director General in February 2015, as Thoresen will assume the chairmanship of the National Employment Savings Trust (NEST). ABI chairman, Paul Evans, said: “On behalf …
October 3, 2014
A recent decision by the UK’s High Court to apply Legal Aid, Sentencing and Punishment of Offenders Act (LASPO) to mesothelioma claims has triggered a negative response from the Association of British Insurers (ABI). James Dalton, the ABI’s Head of …
September 26, 2014
The Association of British Insurers (ABI) has cited the Competition & Markets Authority’s (CMA) failure to tackle the excessive charges made by credit hire firms for replacement vehicles as “bad news for consumers.” The ABI said that instead of “driving …
July 15, 2014
The Association of British Insurers (ABI) announced that it has written to the UK’s Financial Conduct Authority (FCA) to propose an initiative that “could further improve clarity for customers when renewing and taking out motor and home insurance.” The announcement …
June 20, 2014
A bulletin on the website of the Association of British Insurers (ABI) notes that a “nationwide operation into suspected fraudulent travel insurance claims led by the City of London Police’s Insurance Fraud Enforcement Department (IFED) has resulted in 11 arrests. …