Association of British Insurers (ABI)
Allianz establishes specialist team to identify fraud
In what it claims is an insurance industry first, Allianz has established a specialist casualty claims validation team, which it predicts could identify up to £15m of fraud next year.
Brokers demand 'safe harbour' from PPI storm
The Financial Services Authority (FSA) has come under increasing pressure to force insurers to share the burden of compensation claims resulting from the widespread mis-selling of payment protection insurance (PPI).
ABI reveals fraudulent claims cost more than £16m a week
Insurers are detecting more fraudulent insurance claims than ever according to figures released today by the Association of British Insurers (ABI).
New government: Coalition consequences
The new government has already announced the end of the Financial Services Authority and an Emergency Budget full of spending cuts and tax rises. Emmanuel Kenning looks at the implications for insurance brokers.
ABI confirms Kelly's departure after few months in role
The Association of British Insurers (ABI) has confirmed that Kerrie Kelly is stepping down from her role as director general to return to Australia for personal reasons.
Subsidence claims could flood in during dry spell
With rainfall at its lowest since 1964, it is likely that there could be a rise in subsidence claims, according to Cunningham Lindsey’s latest Subsidence Surge Briefing.
Regional power hour - Bristol: When it rains, it pours
This month's power hour, sponsored by Ecclesiastical and held in Bristol, looks at the growing impact of climate change on the industry - particularly that of flooding. Martin Friel reports.
Emergency Budget 2010: CGT and IPT rise meets mixed reactions
As part of the coalition government's emergency Budget, Chancellor George Osborne has announced increases in capital gains tax (CGT) and insurance premium tax (IPT).
ABI urges football fans to choose correct travel cover for World Cup
With less than a month to go until kick off, the Association of British Insurers (ABI) is reminding the 20,000 English fans planning their trips to the World Cup in South Africa to ensure that they have the right travel insurance in place.
Tim Breedon to become ABI chairman
The Association of British Insurers has confirmed that Tim Breedon, group chief executive of Legal & General, has been nominated to become its next chairman.
News Analysis: Volcanic fallout
Andrew Tjaardstra reports on the aftermath of the Icelandic eruption.
Volcano will have limited impact on insurance industry, says Moody's
The Icelandic volcanic erruption will only have a limited impact on the insurance industry, according to Moody's.
Trade credit insurers paid out £320m in claims in 2009
Trade credit insurance helped UK businesses by dealing with 22,791 claims in 2009, according to figures from the Association of British Insurers (ABI).
News Analysis: A Budget for business?
Emmanuel Kenning reviews the profession's response to the last Budget before the upcoming general election
Report predicts insurance fraud will hit £2.5bn mark
General insurance fraud losses could reach £2.5bn in 2010, according to research from Experian.
Insurers considered irrelevant in MMC and fire risk debate
Experts have warned that obtaining cover for buildings using modern methods of construction (MMC) could become increasingly difficult after insurers were prevented from taking part in a London Assembly planning committee meeting.
Young UK drivers better risk than European peers
Young British drivers are a better risk on the road than some of their European counterparts, according to research from Axa.
IFB and MIB join forces to fight fraud
The Insurance Fraud Bureau (IFB) has entered into an agreement with the Motor Insurers' Bureau (MIB) for support services.
Crash for cash motor fraud spreads across UK
Motor insurance fraud is affecting more of England’s most densely populated areas than ever before, according to research from law firm Keoghs.
Insurers pay out £650m on snow claims
Insurers paid out £650m in dealing with 335,000 claims from customers suffering damage to their homes, businesses and vehicles following the coldest winter in thirty years, according to the ABI.
ABI welcomes Government asbestos pledge
The Association of British Insurers (ABI) has welcomed the announcement by the Justice Secretary Jack Straw of a package of measures to help people with asbestos-related diseases.
ABI hits back at Government employers' liability proposal
The ABI has voiced concerns about proposals to set up an Employers’ Liability Insurance Bureau (ELIB), as outlined in a Department for Work and Pensions consultation paper
ABI calls for increased competitiveness as insurance industry pays taxman £8.2bn
A more competitive and business friendly environment is needed to ensure the UK does not lose more insurance firms based here, the Association of British Insurers (ABI) has warned.