Association of British Insurers (ABI)
Councils criticise government for flood insurance failure
The Local Government Association has accused the government and insurance industry of letting down residents in flood-risk areas by failing to reach an agreement over the provision of affordable insurance cover.
LGA report on danger of delaying flood decision wins industry support
AA Insurance has seconded concerns expressed in today's Local Government Association report that delays in identifying a future flood risk solution could prove costly.
Industry left dangling on key issues as parliaments take summer recess
The insurance industry has been left in limbo after the UK and European parliaments failed to address a list of key issues as they broke for summer recess.
Solvency II timetable faces more delays after failed talks
Solvency II regulations could face more delays after talks to finalise the legislation ended without conclusion, according to a UK insurers trade body.
Insurers in 'limbo' after Solvency II meeting ends in stalemate
The Association of British Insurers has warned of further Solvency II delays after decision makers in Brussels failed to agree on the final draft of the directive.
Application fraud: Slow steps in an industry-wide challenge
Brokers champion the idea of tackling fraud at the application stage, but what are they actually doing about it?
VAT & Outsourcing: VAT's the way to do it
The rules on VAT in the insurance industry can be complex when it comes to outsourcing, and the European Union isn't providing any quick and easy answers.
Insurance contract law: Overcoming the barriers
A single European contract law has been on the cards for the past decade, but would a similar rationalisation in the insurance industry suit the continent's firms?
Weather claims to hit £750m as industry waits for SoP announcement
The insurance industry is hopeful that the government will finally release details of the flood risk model that will replace the Statement of Principles before its summer recess next week.
Post magazine - 12 July 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Brokers insist on level playing field over EC Insurance Mediation Directive
Insurers have been dragged into the mandatory commission disclosure debate by disgruntled brokers demanding a "level playing field", following the latest publication of the revised Insurance Mediation Directive.
Insurer flood debate at "advanced stage" with Defra
The Association of British Insurers is in "advanced stages" of discussions with the government to find a replacement for the statement of principles, which ensures that homeowners in flood-risk areas are able to get insurance, when it expires in July…
Londoners let down by riots compensation process, claims ABI
The Association of British Insurers has accused the riot compensation scheme of "failing too many Londoners".
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…
ABI agreement ensures insurance-seeking motorists must quote licence number
The Association of British Insurers is hopeful of reducing fraud after reaching an agreement with the DVLA under which motorists must reveal their driving licence number when applying for insurance.
Roundtable: How can fraud be halted at the underwriting stage?
There has long been a focus on fighting fraud at the claims stage, but could more be done to discourage would-be fraudsters at an earlier juncture?
Commercial Property: Too little, too late
Property underinsurance creates a real headache for insurers and their clients, often not discovered until a claim is made. So, where does the buck stop for accurate valuations?
Prudential CEO to become ABI chairman
Tidjane Thiam has been appointed chairman of the Association of British Insurers with effect from 3 July.
Insurers continue to safeguard cover for those taking predictive genetic tests
Thousands of people who undergo genetic tests for conditions such as Alzheimer's and cancer will continue to benefit when taking out insurance, thanks to an extended agreement announced today by Public Health Minister Anne Milton.
Scrap metal bill to get second reading in House of Commons
A Private Member's Bill that would give local councils and the police greater powers to suspend and revoke the licences of dodgy scrap metal dealers is to undergo a second reading in the House of Commons next month.
CII awards industry veterans for commitment to insurance
The Chartered Insurance Institute has honoured Dr Peter Williams and Graham Doswell with the President's Award for dedication, commitment and professionalism.
Comment: Selective insurer hearing
Is the insurance industry alert to the turning tide of public opinion against it, asks Tom Jones.
Executive remuneration: For what it's worth
Executive remuneration in insurance has come under the spotlight following a shareholder revolt at Aviva, but what went wrong and how will its impact be felt throughout the wider industry?
Age charities warn insurance industry signposting will be scrutinised closely
The effectiveness of the industry's signposting service is expected to come under increased scrutiny from age-related charities, following the Home Office decision to exempt financial services from the incoming Equality Act.