All ABI articles – Page 2
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News
ABI clamps down on motor premium finance charges
’The principles announced today are one of a raft of actions we are taking to tackle the cost of motor insurance,’ says director
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News
Weather-related home insurance claims reach record high
’Insurers continue to be there for affected homeowners, with payouts hitting record levels,’ says policy adviser
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News
Insurers paying out £1.13m every hour in motor claims
’Significant and sustained cost pressures faced by insurers, such as a 31% rise in repair costs over the last year, have impacted on the cost of cover,’ says manager
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News Analysis
Tackling opportunistic fraud requires ‘a measured approach’
Experts at March’s Fraud Charter event discussed the appropriate response to the shifting profiles of those carrying out fraud
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News
ABI ‘disappointed’ by Supreme Court ruling and warns of increased cost pressures
’The outcome risks undermining the intention of the whiplash reforms,’ says association
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News
Facility to improve insurance availability for buildings with fire risk gets key capacity
’This unique facility aims to present a competitive market solution that will address this important issue,’ says chief executive
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News
Catch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference
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News
Collaborative solutions to develop ‘a risk sharing model’ – Fair4AllFinance
’It gives us a real opportunity to make a difference,’ says chief executive
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News
Financial reforms ‘only effective’ if taken advantage of by insurance sector – Secretary to the Treasury
Insurance ’is one of the industries that can make the biggest difference in terms of investment to grow our economy,’ says City minister
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ABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
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News
Data does not support OIC mixed injury ‘epidemic’ claim – Acso
Insurers are ‘comparing apples and pears,’ says executive director
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News Analysis
Motor insurance pricing cycle ‘close to a point of softening’
Insurance industry experts speak exclusively to Insurance Times about navigating big pressures in the motor market and what can be expected in 2024
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News Analysis
Briefing: Industry and government debating old issues shows not much has changed
It always seems to be the same issues popping up – but that doesn’t mean they’re resolved, says Guy
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News
Claims costs crank up motor premiums by 12% between 2023’s Q3 and Q4
Trade association confirms that motor insurance premiums have accelerated 34% year-on-year
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News
‘Changes’ in motor market offer ‘exciting’ opportunities for industry
ABI director believes that reducing insurance premium tax could ’immediately help’ the affordability of motor premiums
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News
Gibraltar ‘crucial’ to help solve customer affordability issues in insurance
’Affordability is clearly a priority for us and our members,’ says ABI director of general insurance policy
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News Analysis
Briefing: Who are the valuable organisations in our industry?
The benefits of the industry’s trade bodies are all too great to take for granted, says Stuart Reid
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News
ABI issues statement as insurers prepare for Storm Henk claims
’Their priority right now is to help any affected customers recover as quickly as possible,’ says adviser
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News
Aviva’s Blanc and Axa’s Foley join ABI board
’Their combined experience and insights will be hugely valuable as we look ahead to the opportunities and challenges for the industry over the coming years,’ says chair
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News
Motor insurance payouts reach record high in Q3 2023
’These figures highlight how motor insurers deliver when motorists need them the most,’ says director of general insurance policy