Association of British Insurers (ABI)
ABI: no bias against NI
There is no fundamental bias against the Northern Irish motor and property markets — and higher costs in the legal system are the reason personal injury claims tend to be steeper.
ABI chair calls on government to put words into action over tax reform
The outgoing chairman of the Association of British Insurers Archie Kane, has launched an attack on European law makers for not differentiating between insurance and other financial services.
Brokers unite in call for new code of conduct for covenant breaches
A British Insurance Brokers’ Association regional head has called for a new code of conduct to help reduce the legal bill and inconvenience faced by intermediaries defending themselves against former staff who break their restrictive covenants.
Post in print - 10 June 2010
Post reporter Amy Ellis outlines this week's major news stories from Post including: government move over midwives; brokers unite for covenant code; Cooper Gay IPO; Money Supermarket fraud action; and Hyperion flotation insight.
Money Supermarket steps up fraud battle
Price comparison giant Money Supermarket is rolling out a revamped home insurance website, which includes improved measures to combat fraud.
ABI welcomes rejection of bank levy
The G20 finance ministers have rejected plans by the International Monetary Fund (IMF) to apply a levy to all financial institions.
ELTO success not dependent on FSA
The insurance industry has continued to back the formation of an Employers’ Liability Tracing Office, despite concerns about the future of the Financial Services Authority.
Fraud - World Cup warning: Eye on the ball
Major sporting events are a magnet not only for fans but also financial criminals. Mark Jones explains how South Africa has a secret weapon to bolster its defences as the 2010 football World Cup kicks off.
ABI levy 'disappointment'
The Association of British Insurers has revealed its disappointment at the Financial Services Authority's regulatory fees and levies for the next financial year.
New ABI chairman outlines challenges ahead
Tim Breedon, group chief executive of Legal & General has been nominated to become the next chairman of the Association of British Insurers.
Motor - Safety developments: Safety first and last
Thatcham is busy testing a range of new technologies that could reduce accident rates. Leigh Jackson takes a closer look at them.
IIWG future in doubt as ABI looks to pick up leadership
The Association of British Insurers is expected to take up the mantle from the Insurance Industry Working Group, after the change of government threw its future into question.
FOS blames claims management firms for rise in PPI complaints
The Financial Ombudsman Service has raised concerns over claims management companies taking advantage of problems in the payment protection insurance market to bring often spurious complaints.
The claimant's view: A fairer, better Britain
We welcome the new government's commitment to a compassionate society, one that values fairness and responsibility and the pledge by David Cameron to look after the frail, the elderly and the poorest in society.
Risk management: Understanding risk
The difference between insurers and banks is being increasingly ignored and Adrian Brown says this is making risk management even more important.
Bodies meet over ash
The British Insurance Brokers' Association, the Association of British Insurers, the Financial Ombudsman Service and the Financial Services Authority met on Tuesday to discuss the fallout from claims complaints arising from the volcanic ash disruption.
EC to delay Solvency II implementation to coincide with financial years
The European Commission is set to delay the implementation of the Solvency II directive by two months for accounting purposes.
ABI estimates £62m payout from volcanic ash disruption
The Association of British Insurers has said that the cost of volcanic ash disruption to travel insurers between the 15 – 21 April is likely to reach £62m.
Climate change: Storm in a teacup
Was the 'climate-gate' incident blown out of proportion? Dr Andrew Dlugolecki looks at the facts behind climate change and why a couple of e-mails do not contradict the science.
Climate change: Just the beginning
After the failures of the conference in Copenhagen, Rachel Gordon looks at the work done by insurers in ensuring the threat of climate change is properly addressed.
Comment - BI wordings: Refresh not reject
Business interruption wordings are under review, explains Damian Glynn, to minimise misunderstandings and unrealistic assumptions.
ABI welcomes Biba to flood working group
The Association of British Insurers has welcomed the prospect of working with the British Insurance Brokers' Association to deal with major flood events.
Dalton to take on Jacobs' role at ABI
The Association of British Insurers has confirmed the appointment of Justin Jacobs' successor as head of property, motor & liability.
Faster compensation for people injured in road accidents
Around half a million people injured in road accidents will receive compensation they are entitled to much more quickly under a streamlined compensation process that comes into force today, according to the Association of British Insurers.