Association of British Insurers
Life Insurance / Subscription : Always be honest and upfront
When taking out life insurance, the most important thing to remember is that policies are based on your health at the time you sign...
Not enough tax contribution to keep UK insurers in the country
A more competitive and business friendly environment is needed to ensure the UK does not lose more insurance firms based here, the ABI has...
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...
England could take years to recover from the devastating floods
Residents in flood-hit northwest England began returning to their homes Monday but police warned it could take years to recover from the devastation left...
Clean-up underway in Britain after floods
Clean-up efforts were underway Sunday in flood-hit towns following the heaviest downpours ever recorded in England, as fears mounted for a woman thought swept...
UK floods damage could cost insurers £100 million
DAMAGE from the floods in Cumbria and south Scotland could cost insurers more than £100m, the Association of British Insurers (ABI) said yesterday.
The body...
Association of British Insurers issues advice to people who have suffered flood damage
The ABI has issued advice to people who have suffered flood damage following the recent heavy rainfall.
Household and business insurance policies cover flood...
The ABI and AMPS to launch a new Good Practice Guidance for Self Invested Personal Pension (SIPP) providers
The ABI and AMPS, the Association of Member Directed Pension Schemes, have launched new Good Practice Guidance for Self Invested Personal Pension (SIPP) providers.
The...
ABI launches campaign to help protect Britain’s low-income households against financial disaster
The ABI today launches a national campaign to help the UK’s most vulnerable families in rented accommodation cope with a financial shock, such as...
UK government to push for easing of EU insurance rules
The government will push for a relaxation of draft EU rules which could force UK insurers to bolster reserves by 50 billion pounds ($82.88...
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