Association of British Insurers (ABI)
Treasury Committee calls for changes to Solvency II post-Brexit
Committee wants discussion between the PRA and the industry in response to "practical difficulties" of Solvency II.
#insagepeople 9 - 15 October 2017
Keep up to date with the latest people moves.
Industry welcomes Ogden rate reform proposals
Biba calls for speedy implementation of proposals.
Government’s proposed changes could bring Ogden rate up to 0-1%
New framework would see the discount rate reviewed every three years.
ABI slams “unnecessary, unworkable and unfair” motor ruling
ABI warns that owners of vehicles like golf buggies and motorised lawnmowers could be forced to take out third party insurance unless the European Commission takes action.
Insurance Cares: Biba calls for signposting
Biba’s Graeme Trudgill explains why signposting is a key element of helping vulnerable customers access insurance.
Ogden decision to be published on Thursday
The government's response follows the consultation on how the discount rate should be set in the future.
Ogden: Brokers and insurers want discount rate of betwen 0 - 1%
Poll suggests two thirds think the rate should settle at between 0 - 1%.
Insurance Cares: Where can insurance brokers help vulnerable customers?
Broker Network’s Richard Pitt explains five key ways brokers can look after their clients.
£1.3bn of dishonest claims found in 2016
ABI figures reveal the scale of organised fraud and warns of opportunistic motor fraud.
Leaving the EU without a deal not acceptable, warns ABI
Trade association says that if no Brexit deal is in place insurers may not be able to continue to meet the needs of millions customers and remain legally compliant.
Queen's Speech: Insurers welcome new whiplash legislation move
Industry looks towards meaningful delivery of the reform.
Industry welcomes new Justice Secretary
David Lidington takes over role previously held by Liz Truss.
ABI reveals its preferred new discount rate framework
Trade body calls for break from linking to one investment asset and that a panel of experts be brought together to help set future rates.
#BibaFever B-B-Q: Allianz, Axa and Zurich on keeping the UK insurance sector competitive post-Brexit
As the British Insurance Brokers’ Association Conference continued in Manchester this afternoon the #BibaFever team went out to grill delegates on the spicy issues of the day.
ABI supports shelving of whiplash reforms ahead of general election
Government opts not to force through prison reform Bill before 8 June.
Flood Re appoints Andy Bord as new CEO
Current interim CEO Bord is now on his second year at Flood Re.
News analysis: Insurers take a hit from discount rate cut
Brokers prepare for premium hikes as insurers calculate the cost of Lord Chancellor’s Ogden rate change
Consultation on discount rate launched
Insurance industry says the release of the paper is an important step forward in helping to get a fair, modern way to set the rate.
Insurers reaction to discount rate doesn't reflect well on profession, says Arag
The insurer's managing director said the the ABI's focus on the 'crazy' decision "showed no compassion" to injured victims.
Insurers descend on Chancellor to fight discount rate cut
The market has warned that the “crazy” change could see some motor premiums rise by £1,000.
PwC warns of motor rate hikes up to £1,000 after discount rate cut
Specialists note that SMEs will also be hit by increased rates.
ABI slams “crazy” decision to cut discount rate to minus 0.75%
Trade body warns that up to 36 million customers could face higher premiums after the decision.
Allianz’s Graham Gibson reviews 2016 and looks ahead to 2017
From severe weather to success with the IFB the past 12 months have been packed with action for Allianz’s claims director. What will 2017 hold?