ABI
AJAG : robust rebuttal to ABI’s case
The Access to Justice Action Group, AJAG, has published a robust rebuttal of the Association of British insurers’ (ABI) arguments in favour of the...
ABI : critical illness and life insurance claims paid out continues to rise
According to the Association of British Insurers, the amount paid to customers through critical illness and life insurance policies continues to rise significantly.
In 2010,...
ABI : insurers contribute £10.4bn to the exchequer as the country recovers from recession
The crucial role the insurance industry plays in a healthy UK economy is revealed today in a tax report from the ABI and PWC.
The...
Allianz : cost of water damage to homes increases by 44%
Following news from the Association of British Insurers that escape of water in people's homes is costing £2 million every day, Allianz Insurance has...
ABI : insurance fraud up 9 per cent
Figures from the Association of British Insurers show that detected insurance frauds have more than doubled in the last five years.
The figures highlight that...
ABI : new Insurance Fraud Register created
The insurance industry’s determination to protect honest customers from insurance fraud moved up a gear with the announcement of a national Insurance Fraud Register....
ABI : calls for a balanced approach on product regulation from the FSA
The ABI calls for a balanced approach by the FSA on product regulation that reflects the diversity of retail financial services markets in the...
ABI: new travel insurance consumer guide
To help better choose travel insurance before going away this summer, the Association of British Insurers published a guide to make clear what is...
ABI warns of regulatory duplication in regulatory reform
Today the ABI calls for better co-ordination between the new financial regulatory authorities, with the emphasis on transparency and accountability and a focus on...
Motor insurance : need to ban referral fees as premiums show record rise
Unless action is taken to curb the rising cost of settling personal injury claims, motor insurance premiums will continue to rise, the ABI warned...
Insurance Genetics Moratorium extended to 2017
The ABI has today announced that the long-standing Concordat and Moratorium on Genetics, agreed with the Department of Health has been extended to 2017.
Nick...
Legal system reform to better help genuine claimants and customers
Today’s Government announcement on civil litigation reform will put the brake on runaway legal costs and mean a better deal for genuine claimants and...
Appointment : Otto Thoresen in new ABI Director General
The Association of British Insurers has appointed Otto Thoresen as its new Director General it announced today. Mr Thoresen will take up the role...
ABI : ECJ gender ban is disappointing for UK insurance customers
The decision by the European Court of Justice (ECJ) to ban the use of gender in insurance policies from December 2012 is disappointing news....
450,000 customers helped by insurers in the December freeze
Each day during last December’s record freeze and heavy snow, insurers dealt with over 12,000 claims at a cost of £38 million, to customers...
Using gender to determine an insurance premium
In a private letter obtained by The Sunday Telegraph, the association instructed its board members to prepare for a judgment by the European Court...
ABI warns against giving false information for motor information
Thousands of motorists are putting their motor insurance cover at risk and driving illegally by knowingly giving false information or failing to disclose important...
Home cheat home
Home insurance is now the number one target for insurance fraudsters according to the hundreds of fraudulent insurance claims exposed every day says the...
Insurance frauds are costing £2.3m every day
Insurance companies are uncovering an average of 335 fraudulent claims every day, says a report. According to the Association of British Insurers, the claims,...
Good to know : burst pipe and leaking water damage could top £7 million every day this winter
With Britain in the grip of freezing temperatures and snow, the ABI warns that damage caused by frozen and burst pipes and leaking water...
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