Senior industry leaders have come together to form a new Investment Delivery Forum which will act as a ca...
ABI welcomes passage of Automated Vehicles Bill
As the Automated Vehicles Bill has completed its parliamentary passage in the House of Lords, the ABI has welcomed the passing of the Bill, which will now receive Royal Assent....
As the Automated Vehicles Bill has completed its parliamentary passage in the House of Lords, the ABI has welcomed the passing of the Bill, which will now receive Royal Assent....
PR / 5 days ago
Motor premiums stabilise but cost to insurers mount
Motor premiums increased by just 1% in the first quarter of 2024, indicating an easing of rises seen in 2023. 1 However, insurers continue to absorb growing costs, with the average claim paid...
Motor premiums increased by just 1% in the first quarter of 2024, indicating an easing of rises seen in 2023. 1 However, insurers continue to absorb growing costs, with the average claim paid...
Article / 15 days ago
Financial inclusion: A tough challenge in tough times
Broadening financial inclusion requires sustained and focused effort from industry working together with government regulators and consumer groups...
Broadening financial inclusion requires sustained and focused effort from industry working together with government regulators and consumer groups...
PR / 18 days ago
ABI takes action on motor premium finance
Principles aimed at managing the cost of paying-monthly for motor insurance....
Principles aimed at managing the cost of paying-monthly for motor insurance....
Article / 19 days ago
Weather damage insurance claims worst on record
Property insurers paid out the equivalent of £13 million every day last year to help homeowners and businesses cope with unexpected and unwanted events like flooding and theft, according to figures...
Property insurers paid out the equivalent of £13 million every day last year to help homeowners and businesses cope with unexpected and unwanted events like flooding and theft, according to figures...
PR / 29 days ago
Motor insurers pay out record amounts to help keep motorists mobile
Average of £1.13 million paid out every hour in motor claims last year....
Average of £1.13 million paid out every hour in motor claims last year....
PR / 1 month ago
Government at risk of throwing away the gains from auto-enrolment, trade body cautions
While Government proposals to introduce lifetime provider models may help to tackle the growing number of small pension pots, they risk undermining the...
While Government proposals to introduce lifetime provider models may help to tackle the growing number of small pension pots, they risk undermining the...
PR / 1 month ago
Fire Safety Reinsurance Facility finalised
Reinsurance support is now in place to launch the Fire Safety Reinsurance Facility (the Facility) from 1 April 2024, in an industry intervention to help improve the availability of insurance for...
Reinsurance support is now in place to launch the Fire Safety Reinsurance Facility (the Facility) from 1 April 2024, in an industry intervention to help improve the availability of insurance for...
PR / 2 months ago
ABI response to the Spring Budget
The ABI has responded to the Spring Budget 2024, delivered today by the Chancellor of the Exchequer....
The ABI has responded to the Spring Budget 2024, delivered today by the Chancellor of the Exchequer....
PR / 2 months ago
ABI launches new guide to help firms use AI responsibly
In response to the rapid growth of Artificial Intelligence (AI) and the developing regulatory framework, the Association of British Insurers (ABI) has convened experts to produce a guide to responsible...
In response to the rapid growth of Artificial Intelligence (AI) and the developing regulatory framework, the Association of British Insurers (ABI) has convened experts to produce a guide to responsible...
PR / 3 months ago