ABI
Good to know : ice bandits look to freeze out motorists
With much of the UK facing its first cold snap and significant snowfalls of this winter, the ABI is warning motorists not to leave...
Car insurance : insurance rise driven by young drivers
Accident-prone young drivers and a surge in fraudulent claims are key factors behind the steep rise in motor insurance premiums which threaten to drive...
Insurers face new wave of regulation
The business agenda has been dominated by the latest developments in the regulation of banks. From Basel III to new European banking regulations on...
Spending Review : ABI comments on flood investment plans
Commenting on the announcement, in today’s Spending Review, on flood defence investment, Nick Starling, the ABI’s Director of General Insurance and Health said:
“The Government...
ABI: Insurers committed to asbestos compensation
The Association of British Insurers has claimed that insurance companies are still committed to compensating asbestos victims despite today’s critical Court of Appeal ruling.
The...
UK floods : AXA calls for Government certainty on future flood defence funding
AXA is urgently calling on the government to be clear about its plans for the UK’s flood defence strategy and future funding to ensure...
Research : Public backs call for minimum one year learning period for young drivers
The ABI is calling for a minimum one-year learning period to reduce the high number of deaths and serious injuries involving young drivers. According...
Friends Provident : its Critical Illness Cover enhance
Friends Provident announced today that it has enhanced its Critical Illness Cover (CIC) by including mastectomy cover and 5 new ABI+ conditions to the...
‘Act now’ – Advisers reminded as pensions age change looms near
The ABI is reminding financial advisers to check arrangements for clients that may be affected by the change to the National Minimum Pension Age....
ABI disappointed by Court of Session judgment on Scottish Pleural plaques
Today’s judgment by the Court of Session in Edinburgh that maintains the recently passed Act to compensate people with pleural plaques ignores the medical...
The ABI publishes Good Practice Guide to help customers buying insurance online
Customers using the internet to buy general insurance, such as motor and home cover, will benefit from guidance published today (29 December) by the...
Trade credit insurers pay record amount in claims
Latest ABI figures show that trade credit insurers have paid out a record amount in claims in Quarter 3 (Q3) 2009.
The total amount...
Over 100 families helped every day by critical illness and life insurance
In 2008, over 100 families and individuals a day were helped at the most difficult times in their lives by claiming on their life...
ABI guide sets new standards for pre-retirement wake-up packs
The ABI has today published updated guidance to help pension providers deliver further improvements to the ‘wake-up’ packs sent to pension customers as they...
Record rise in the costs of fire damage
The cost of fire damage now stands at a record level according to research published today by the ABI. In the first half of...
ABI launched actuarial guidance for life insurers
The ABI has launched guidance for life insurers on when internal actuarial advice should be subject to external review. It follows a public...
Third party claims assistance ensures that claimants get the best deal
Responding to the publication today by the Financial Services Authority (FSA) of its review of the practice of insurers contacting directly a person with...
The ABI publishes the performance data for the Options pension transfer initiative
The ABI has today published the latest performance data for the Options pension transfer initiative. Options – built to speed up the exchange of...
ABI proposes changes to critical illness insurance definitions to ensure clarity for consumers
Following an extensive consultation, the ABI is planning to rebrand and standardise definitions of the Total Permanent Disability (TPD) benefit in Critical Illness (CI)...
Association of British Insurers helps policyholders who have been flooded in Cumbria and Scotland
As water begins to recede from most homes and businesses in Cumbria and Scotland following the recent flooding, it is time for lengthy drying...
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