Association of British Insurers (ABI)
Quizzical questions: 23 November 2018
Test your knowledge of the week's news with our topical quiz.
Motor insurance pay-outs soar to record levels
ABI data shows that the cost of theft claims has surged by 32% to £271m in the first nine months of 2018.
Insurance experts warn on Brexit deal
ABI says insurance sector must not become a rule taker under future relationship with EU.
FCA points to “remarkable” insurer failings as it launches “fundamental” market review
Chris Woolard on why the regulator felt it had to act.
Industry keen to work with FCA following dual pricing review
Biba and the ABI welcome the FCA's move, agreeing with the regulator that the market needs to work as well as possible for all customers.
FCA calls on industry to continue work on dual pricing
Regulator points to guiding principles from Biba and the ABI published in May this year.
12% IPT freeze welcomed but Biba calls it “pyrrhic victory”
But industry pledges to keep campaigning to stop IPT from rising again.
ABI: Freeze IPT - the “mother of all stealth taxes”
Trade body says people are paying record amounts of the tax and urges the government to keep it at 12% in the upcoming Budget.
ABI adds two new board members
Axa UK's Claudio Gienal and Lloyds Banking Group's Craig Thornton join the trade body's board.
Dual pricing – the “crack cocaine” of insurance
Experts respond to the Citizens Advice super complaint.
FCA to launch dual pricing investigation in “a few weeks’ time”
Regulator makes promise as Citizens Advice launches £4bn super-complaint.
The Blog Spot: Dive in and take action
As this year's Dive In Festival takes place, Ida Axling calls on the industry to change its ways.
‘Motherhood penalty’ hits women in insurance sector
ABI research shows there are 60% fewer women at board level and that the biggest single reason for seniority gaps is motherhood.
Market moves: Rock steady
While the insurance news flow traditionally slows down over the summer holidays, there has still been a steady stream of people moves
Fraudsters posing as ABI in claims scam
ABI warns of CMC cold-callers claiming to be from the trade body.
Industry calls for urgent action as government publishes no-deal Brexit guidance
Experts say contract continuity is key concern as no deal scenario is described as "unthinkable" by the insurance sector.
Quizzical questions: 24 August 2018
Test your knowledge of the week's news with our topical quiz.
ABI figures show the "scale of the challenge" in fighting fraud
Industry experts say there is much do be done following ABI report that one insurance fraud per minute is detected in the UK.
The Blog Spot: Fighting crime
The ABI’s latest research on insurance fraud in the UK did not use the phrase “ghost broking” but it did reference a fraudster being jailed for selling fake motor insurance policies.
Insurance scams amounting to £1.3bn detected in 2017
Research from ABI reveals one insurance fraud per minute was discovered.
Andy Watson appointed as ABI General Insurance Council chair
The Ageas UK CEO replaces Amanda Blanc who has taken up the chair post at the ABI.
Whiplash reforms delayed until 2020
Government pushes date back for “extensive testing”.
Biba urges FCA to be "quicker off the mark" in tackling online fraud
Industry responds after the regulator fails to stop clone broker on Facebook.
Fifty firms sign new inclusion pledge
Biba, Lloyd's and Zurich among businesses signing pledge addressing potential discrimination.
