All ABI articles – Page 4
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News AnalysisInsurance sector in race against time to tackle rising storm challenges
Delegates attending a recent Insurance Times and ICEYE roundtable explained that the increased frequency of storms was stretching the industry’s resources to the limit
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NewsMotor premiums stabilise – but cost to insurers mounts
’These figures show how competitive the motor market is,’ says director
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NewsABI clamps down on motor premium finance charges
’The principles announced today are one of a raft of actions we are taking to tackle the cost of motor insurance,’ says director
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NewsWeather-related home insurance claims reach record high
’Insurers continue to be there for affected homeowners, with payouts hitting record levels,’ says policy adviser
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NewsInsurers paying out £1.13m every hour in motor claims
’Significant and sustained cost pressures faced by insurers, such as a 31% rise in repair costs over the last year, have impacted on the cost of cover,’ says manager
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News AnalysisTackling opportunistic fraud requires ‘a measured approach’
Experts at March’s Fraud Charter event discussed the appropriate response to the shifting profiles of those carrying out fraud
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NewsABI ‘disappointed’ by Supreme Court ruling and warns of increased cost pressures
’The outcome risks undermining the intention of the whiplash reforms,’ says association
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NewsFacility to improve insurance availability for buildings with fire risk gets key capacity
’This unique facility aims to present a competitive market solution that will address this important issue,’ says chief executive
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NewsCatch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference
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NewsCollaborative solutions to develop ‘a risk sharing model’ – Fair4AllFinance
’It gives us a real opportunity to make a difference,’ says chief executive
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NewsFinancial reforms ‘only effective’ if taken advantage of by insurance sector – Secretary to the Treasury
Insurance ’is one of the industries that can make the biggest difference in terms of investment to grow our economy,’ says City minister
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NewsABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
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NewsData does not support OIC mixed injury ‘epidemic’ claim – Acso
Insurers are ‘comparing apples and pears,’ says executive director
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News AnalysisMotor insurance pricing cycle ‘close to a point of softening’
Insurance industry experts speak exclusively to Insurance Times about navigating big pressures in the motor market and what can be expected in 2024
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News AnalysisBriefing: Industry and government debating old issues shows not much has changed
It always seems to be the same issues popping up – but that doesn’t mean they’re resolved, says Guy
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NewsClaims costs crank up motor premiums by 12% between 2023’s Q3 and Q4
Trade association confirms that motor insurance premiums have accelerated 34% year-on-year
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News‘Changes’ in motor market offer ‘exciting’ opportunities for industry
ABI director believes that reducing insurance premium tax could ’immediately help’ the affordability of motor premiums
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NewsGibraltar ‘crucial’ to help solve customer affordability issues in insurance
’Affordability is clearly a priority for us and our members,’ says ABI director of general insurance policy
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News AnalysisBriefing: Who are the valuable organisations in our industry?
The benefits of the industry’s trade bodies are all too great to take for granted, says Stuart Reid
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NewsABI issues statement as insurers prepare for Storm Henk claims
’Their priority right now is to help any affected customers recover as quickly as possible,’ says adviser
