The Association of British Insurers

Type: Organization
Name: The Association of British Insurers
First reported 16 hours ago - Updated 16 hours ago - 1 reports

ABI says current Flood Re financial management rules 'unworkable'

Trade body calls for issues to be fixed during consultation phase. The Association of British Insurers (ABI) has deemed the current draft rules on the financial management of Flood Re as “unworkable if passed into law in the current state”.The draft secondary ... [Published Insurance Age - 16 hours ago]
First reported Jul 21 2014 - Updated Jul 22 2014 - 1 reports

MAS and TPAS to deliver guidance guarantee

The Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) will deliver the guidance guarantee, the Treasury has confirmed.In the Treasury's  response to the Budget consultation, chancellor George Osborne confirmed that independent bodies, ... [Published Citywire - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

UK insurers urge transparency on two-tier pricing

The Association of British Insurers says explanations of introductory price offers should be included on policy documents, to improve clarity for new customers.It follows complaints that insurers offer discounts to get new customers, then charge the usual ... [Published InsuranceNews.com.au - Jul 21 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 1 reports

Lock-up agreements: ABI publishes best-practice recommendations

In the run-up to an initial public offering (IPO) or placing of a company, investors with significant shareholdings frequently enter into an agreement with the investment bank leading the process under which the investor undertakes not to sell further ... [Published The Lawyer - Jul 17 2014]
First reported Jul 16 2014 - Updated Jul 16 2014 - 1 reports

MOVES-Brendan McCafferty to be Flood Re CEO

July 16 (Reuters) - The Association of British Insurers (ABI) said Brendan McCafferty was appointed chief executive of Flood Re, the UK government-backed flood insurance scheme.McCafferty is currently commercial director at Paymentshield, a provider of ... [Published London South East - Jul 16 2014]
First reported Jul 14 2014 - Updated Jul 15 2014 - 3 reports

ABI Proposes Initiative to Improve Policy Clarity for Customers

The Association of British Insurers (ABI) announced that it has written to the UK’s Financial Conduct Authority (FCA) to propose an initiative that “could further improve clarity for customers when renewing and taking out motor and home insurance.”The ... [Published Insurance Journal - Jul 15 2014]
First reported Jul 14 2014 - Updated Jul 14 2014 - 1 reports

Car insurance policy renewals should be clearer, says ABI

July 11th, 2014A trade body has called on the government to make car insurance rules simpler and more transparent when it comes to policy renewals.The Association of British Insurers (ABI), which represents UK insurance providers, has asked the Financial ... [Published Mummy Money Matters - Jul 14 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 12 reports

ABI writes to FCA proposing initiative to improve clarity in home and motor insurance renewal pricing

The Association of British Insurers (ABI) has published a press release announcing that it has written to the FCA to propose an initiative to improve clarity for customers when renewing and taking out motor and home insurance. ... [Published Practical Law Company - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Consumer Insurers may have to flag up premium rises

Millions of people will find it easier to discover whether they are being overcharged for their home and car insurance under industry proposals being considered by the City regulator.Home and motor insurance renewal letters would have to flag up the previous ... [Published Equities.com - Jul 10 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 2 reports

MPs urge compulsory sharing of fraud whiplash data

MPs have called for compulsory data sharing on fraud in a bid to stop exaggerated or fabricated claims.The House of Commons transport select committee today crticises ‘slow’ progress in enabling insurers and solicitors to share data about potentially ... [Published Law Society Gazette - Jul 04 2014]
First reported Jul 02 2014 - Updated Jul 02 2014 - 1 reports

AXA's Paul Evans nominated as chairman of Association of British Insurers

Paul Evans, chief executive of AXA U.K., is to become the Association of British Insurers' chairman, Reuters reported.Mr. Evans takes over from Tidjane Thiam of Prudential P.L.C., the association said.Mr. Evans is currently deputy chairman of the board ... [Published Business Insurance - Jul 02 2014]
First reported Jun 24 2014 - Updated Jun 24 2014 - 3 reports

FTSE100 closes down as Iraq and German data weighs

Britain's premier share index, despite earlier gains, closed in the red Tuesday - down 14 points as traders were spooked by the Iraq conflict and Eurozone macro data.The blue chip index closed down to 6,787, with the biggest laggard - down 3.35%.() was ... [Published Proactive Investors.co.uk - Jun 24 2014]

Quotes

The Treasury said: "The government wants to ensure that guidance is trusted by consumers, and the vast majority, including most of the financial services industry who responded, said that consumers would not trust guidance given by a person or organisation with a vested interest in selling a financial product or service."
Donning a cook's apron, Foreman would point at the camera and tell the viewer emphatically, "I'm so proud of it, I put my name on it!"
"These simple changes could save people money by prompting them to shop around or haggle for a discount, and we urge the Financial Conduct Authority to adopt the proposals."
"Our proposal, if adopted by the FCA across the market, would significantly improve transparency for millions of customers."

More Content

All (106) | News (98) | Reports (0) | Blogs (5) | Audio/Video (0) | Fact Sheets (3) | Press Releases (0)
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ABI says current Flood Re financial management ... [Published Insurance Age - 16 hours ago]
UK insurers urge transparency on two-tier pricing [Published InsuranceNews.com.au - Jul 21 2014]
MAS and TPAS to deliver guidance guarantee [Published Citywire - Jul 21 2014]
Post Blog: What would George Foreman do? [Published Insurance Insight - Jul 18 2014]
McCafferty to Become CEO of UK’s Flood Re: ABI [Published Insurance Journal - Jul 18 2014]
‘Accountants have £500,000 indemnity limit, so ... [Published Legal Futures - Jul 18 2014]
Lock-up agreements: ABI publishes best-practice... [Published The Lawyer - Jul 17 2014]
MOVES-Brendan McCafferty to be Flood Re CEO [Published London South East - Jul 16 2014]
Insurance changes to make shopping around … [Published Yahoo! UK and Ireland - Jul 16 2014]
ABI Proposes Initiative to Improve Policy Clari... [Published Insurance Journal - Jul 15 2014]
Insurers act to end renewal rip-offs [Published Confused.com - Jul 14 2014]
Annuity buyers miss out on 30pc increases [Published Telegraph - Jul 14 2014]
Clarity in renewals will boost competition [Published Individual.com - Jul 14 2014]
Car insurance policy renewals should be clearer... [Published Mummy Money Matters - Jul 14 2014]
Insurers come under fire from consumer groups –... [Published Money Expert - Jul 14 2014]
BSB follows SRA in backing £500,000 indemnity l... [Published Legal Futures - Jul 14 2014]
£48,000 Range Rover stolen after owner left eng... [Published Leicester Mercury - Jul 12 2014]
ABI emphasises importance of contents insurance... [Published Noodls - Jul 11 2014]
ABI calls for greater transparency on motor and... [Published Insurance Age - Jul 11 2014]
Half of drivers don't check insurance renewals [Published Moneywise Magazine - Jul 11 2014]
ABI writes to FCA proposing initiative to impro... [Published Practical Law Company - Jul 10 2014]
At Retirement Masterclass, 16th July [Published PanaceaIFA - Jul 10 2014]
Insurers to provide clearer renewal information [Published Moneywise Magazine - Jul 10 2014]
ABI calls on FCA to adopt proposal for new mini... [Published Individual.com - Jul 10 2014]
Insurers to be forced to provide consumers with... [Published Mindful Money - Jul 10 2014]
ABI requests FCA to issue guidelines for inform... [Published Insurance Business Review - Jul 10 2014]
ABI proposes clarity guidelines for insurance r... [Published Your Money - Jul 10 2014]
Insurance Quotes to be 'Clearer' [Published Fresh Business Thinking - Jul 10 2014]
ABI proposes transparency initiative [Published Best Advice.net - Jul 10 2014]
Insurance body calls for 'easy comparison' rene... [Published Guardian.co.uk - Jul 10 2014]
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FTSE 100 on the backfoot with Eurozone data and... [Published Proactiveinvestors United Kingdom website - Jun 24 2014]
After a strong, seemingly confident start, FTSE 100 was on the decline at mid-day as investors got spooked by European macro data, while iraq remained in focus. Footsie fell around eight points to 6,792 with the biggest gainer temporary power provider ...
some_basics_to_consider_--_some_basic_answers_o... [Published Lexikon der Atomwirtschaft - Jun 22 2014]
After getting out of their grey Transit van, one of Britain's leading claims-management companies, either wittingly or unwittingly, are drawn into a never-ending cycle of inflated claims against insurers.Professor John Peysner from Lincoln Law School ...
Frontrunning: March 31 [Published Zero Hedge - Mar 31 2014]
US, Russia talks fail to end Ukraine deadlock ( AP ) Russian forces 'gradually withdrawing' from Ukraine border ( AFP ) Turkish PM Erdogan tells enemies they will pay price after poll ( Reuters ) And Goldman arrives: Credit markets open to Argentina for ...
Frontrunning: February 19 [Published Zero Hedge - Feb 19 2014]
Ukraine leader denounces coup bid, West weighs sanctions ( Reuters ) Time to buy Imodium calls: Kuroda Easing Doomed as Yen Seen Missing 120 Level ( BBG ) Teens Disappear From U.S. Workforce ( BBG ) Fed Sets Rules for Foreign Banks ( WSJ ) Quant Funds ...
Flood defences: George Osborne tackled yesterda... [Published Comment is free | guardian.co.uk - Feb 16 2014]
The chancellor's flood defence cuts were driven by deficit reduction. But we can't continue learning by drowning There is no excuse. In 2010 the coalition slashed spending on flood defences when it should have gone up. Even last year's increase in ...
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