Association of British Insurers (ABI)
Travel insurance: Expedition exclusions
With the popularity of overseas breaks showing no sign of abating, travel cover has the potential to grow. However, insurers in the sector are never far from controversy.
Insurer hails first ABI metal theft meeting a success
The Association of British Insurers and its members have held the first metal theft working group in a bid to find solutions to the escalating crime.
Industry unveils older driver initiative as Direct Line follows LV's age limit stance
The decision by LV to scrap its age limit of 86 for new car insurance customers has struck a chord with industry bodies behind the launch of a new signposting model, yet market rivals appear largely unconvinced.
Talks turn to Solvency II and IPO benefits as Project Noah claims wide support
The bosses behind the Project Noah flood solution believe proposals to establish a UK risk pool with £14bn of reinsurance capital could provide a crucial solvency boost for insurers with IPO ambitions.
Landmark asbestos ruling puts an end to EL 'black hole' concerns
Supreme Court judgment means run-off firms cannot avoid liability.
Editor's comment: Rewriting the Riot Act
I thought April had come early when I saw last week's headlines praising insurers for their handling of the riot claims for 2011.
Post magazine - 5 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Marsh's Project Noah will not work and has no insurer support, claims ABI
The Association of British Insurers has slated the flood reinsurance idea floated by broker Marsh and Guy Carpenter, claiming that it won't work and insurers don't back it.
Signposting service for older drivers given Home Secretary seal of approval
Theresa May has thrown her support behind an Association of British Insurers and British Insurance Brokers Association agreement geared towards ensuring older drivers are able to obtain car insurance.
Guidance published for planning in flood risk areas
The Association of British Insurers and the National Flood Forum have published guidance for local authorities on planning in flood risk areas.
Insurers better than most at tackling fraud
The insurance industry's £2.1bn of fraud is the biggest slice of the financial services sector's £3.5bn total and more than twice the size of its nearest rival mortgage fraud (£1bn), according to the government's National Fraud Authority.
EL trigger litigation: ABI "pleased" with judgment
Association of British Insurers said strict timelines could be underpinned by an online mesothelioma portal to improve the efficiency of the claims process.
ABI welcomes national planning framework recommendations
The Association of British Insurers has welcomed the government's national planning framework recommendation for local authorities to follow flood risk guidance to help avoid unwise developments in flood risk areas.
Updated whiplash book proposal finds support despite reservations
Law firm Lyons Davidson is launching a campaign to republish an updated version of the whiplash book, in a bid to tackle the claims epidemic.
Application fraud: prevention is better than cure
The industry is beginning to tackle fraud at the application stage, effectively stopping fraud from taking place before a claim can be lodged
Application fraud: deliberate use of inaccurate information on the rise
The number of opportunistic fraudsters has rocketed with the use of aggregator sites, as some customers deliberately provide inaccurate information in an attempt to get cheaper premiums.
Budget 2012: ABI director general welcomes corporation tax cuts
The director general of the Association of British Insurers has "strongly welcomed" Chancellor George Osborne's promise to create a more competitive corporate tax regime in Britain by cutting corporation tax to 24%.
Solvency II measures 'far from perfect'
Following the European Parliament Economics and Monetary Affairs Committee vote today, Otto Thoresen, director general at the Association of British Insurers, has urged finance ministers, the European Parliament and the European Commission to work…
Flood insurance uncertainty to hit homeowners within four months
The British Property Federation is calling for urgent action to create a new settlement between government and insurers amid fears that homeowners and businesses will face excessively expensive insurance premiums within just four months.
ABI calls for reforms to free businesses from UK compensation culture
The Association of British Insurers has called for action to free businesses from the fear of the UK’s compensation culture and overzealous interpretations of health and safety rules that could hold back Britain’s economic recovery.
Brightside calls for access to DVLA database to be driven forward
Brightside Group has warned that honest drivers are losing out on cheaper car insurance through a failure of the insurance industry to make immediate changes to the way applications are validated.
'Sticking plaster' Statement of Principles distorts flood insurance market
The Statement of Principles was never designed to be anything more than a "sticking plaster", according to James Dalton, head of property insurance at the Association of British Insurers.
Government warned it cannot 'duck' issue of poor being priced out of flood insurance
People on lower incomes could be priced out of flood insurance following the end of the Statement of Principles.
Renewing Statement of Principles will not solve flood cover issue, says Defra
The issue that confronts the insurance sector and government today is not the ending of the Statement of Principles, as renewing it would not solve the problem, but that underwriters are changing their approach to pricing flood risk.