The Association of British Insurers

Type: Organization
Name: The Association of British Insurers
First reported Sep 01 2014 - Updated Sep 01 2014 - 1 reports

Sep 1, 2014 Scottish Life: Now’s the time to face income drawdown head on

Now’s the time to face income drawdown head onLet us help you take the sting out of some of the complexities.The budget announcements mean more and more clients will be considering income drawdown. With over 70% of the external linked free-standing drawdown ... [Published PanaceaIFA - Sep 01 2014]
First reported Sep 01 2014 - Updated Sep 01 2014 - 1 reports

Rising home insurance claims won't slow competition

Rising home insurance claims in H1 2014 provide food for thought given that premium rates continue to tumble. Yet the market remains more profitable than motor, and with attritional claims remaining healthy competitive behavior will not waver.After a ... [Published Datamonitor - Sep 01 2014]
First reported Aug 30 2014 - Updated Aug 30 2014 - 2 reports

Deafness turns into 'the new whiplash' as claims rocket

Published:The insurance industry is bracing itself for a deluge of claims for industrial deafness in the wake of a clampdown on the costs surrounding cases of alleged whiplash.Aviva, the UK’s largest general insurer, told The it received 2,700 claims ... [Published Mail Online UK - Aug 30 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

ABI defers decision on Flood Re participation for independent Scotland

The Association of British Insurers has refused to rule out the possibility of an independent Scotland being excluded from the insurance industry backed Flood Re scheme.A report by Standard & Poor's, which predicted a ‘yes' vote for Scottish independence ... [Published Insurance Insight - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Rising home insurance claims won't slow competition

Rising home insurance claims in H1 2014 provide food for thought given that premium rates continue to tumble. Yet the market remains more profitable than motor, and with attritional claims remaining healthy competitive behavior will not waver. After a ... [Published Individual.com - Aug 26 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

How Do Insurers Prepare for Volcano Eruptions?

Aug. 22 (Bloomberg) -- John Lewis Insurance’s John Brady and Association of British Insurers Policy Adviser Andrew Woolgar discusses insurer preparations for Iceland’s volcano eruption risk. They speak on “The Pulse.” (Source: Bloomberg) ... [Published Bloomberg - Aug 22 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

Government could do more

Companies this week broadly welcomed prime minister David Cameron’s short term plan - albeit a delayed reaction from the country’s leader - to boost business in the wake of the riots across London. But many business groups want the prime minister’s coalition ... [Published CFO World - Aug 21 2014]
First reported Aug 18 2014 - Updated Aug 19 2014 - 1 reports

Gulf between best and worst annuity rates 'still growing'

The average gap between the best and worst annuity rates is almost 35%, according to analysis of official market figures by Hargreaves Lansdown.The firm said the gap between the top and bottom rates had widened from 31.1% in December last year up to 34.93% ... [Published IFAonline.co.uk - Aug 18 2014]
First reported Aug 12 2014 - Updated Aug 13 2014 - 4 reports

Legal & General quits Association of British Insurers

_ Legal & General, the UK's third largest insurer, has made a shock announcement that it will quit the Association of British Insurers.The move is a major blow for the association, which has nearly 300 members. L&G said it was leaving because of the ABI's ... [Published Guardian.co.uk - Aug 13 2014]
First reported Aug 11 2014 - Updated Aug 11 2014 - 1 reports

ABI Says Reducing Whiplash Costs Key to Lower Auto Premiums

“Tackling the cost of whiplash claims is essential to ensure UK motorists continue to benefit from lower average motor insurance premiums,” The Association of British Insurers said in a bulletin.According to the ABI’s latest quarterly average private ... [Published Insurance Journal - Aug 11 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 1 reports

ABI Scotland Analysis presentations

With less than two months to go until the referendum on Scottish Independence, the Association of British Insurers (ABI) would like to invite you to a breakfast roundtable presentation by HM Treasury. The ABI has arranged to host open breakfast presentations ... [Published SFE Recap - Aug 08 2014]
First reported Aug 06 2014 - Updated Aug 06 2014 - 1 reports

U.K.: Insurers say planned changes to riot act will cause problems

The Association of British Insurers said proposed changes to the Riot Damages Act would hit insurers' ability to cover riot-related damage in England and Wales as a standard part of property cover, Daily Mail reported.This will leave many businesses "facing ... [Published Business Insurance - Aug 06 2014]

Quotes

A spokesman said: "We continue to work hard on the detail around setting up Flood Re. If there is a ‘yes' vote, then the implications as far as Flood Re is concerned would need to be considered by government."
"The retail sector has been battling difficult trading conditions for much of this year and sadly for some shops these attacks will be the final straw. Even where shops do manage to stay in business it is likely not all jobs will survive,” Roberston added."
"What's more many pension providers are failing to offer investors a low cost alternative to annuities, such as a drawdown plan."
Otto Thoresen, director general of the ABI, said: "As a trade association, of course we are disappointed by the resignation of a member. However, the ABI's continuing strong membership represents over 90% of the insurance sector."

More Content

All (75) | News (70) | Reports (0) | Blogs (2) | Audio/Video (0) | Fact Sheets (3) | Press Releases (0)
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Sep 1, 2014 Scottish Life: Now’s the time to fa... [Published PanaceaIFA - Sep 01 2014]
Rising home insurance claims won't slow competi... [Published Datamonitor - Sep 01 2014]
Possible flight disruption from Icelandic erupt... [Published Mindful Money - Aug 31 2014]
Deafness turns into 'the new whiplash' as claim... [Published Mail Online UK - Aug 30 2014]
Industrial deafness turns into 'the new whiplas... [Published This Is Money - Aug 30 2014]
ABI defers decision on Flood Re participation f... [Published Insurance Insight - Aug 27 2014]
Rising home insurance claims won't slow competi... [Published Individual.com - Aug 26 2014]
How Do Insurers Prepare for Volcano Eruptions? [Published Bloomberg - Aug 22 2014]
British Citizens Urged to Always Travel Insured [Published Scoop Asia - Aug 22 2014]
Government could do more [Published CFO World - Aug 21 2014]
Can your cavity wall insulation withstand floods? [Published 2Degrees - Aug 20 2014]
New ash cloud could leave travellers facing hef... [Published Mail Online UK - Aug 20 2014]
Widow of former dockyard worker who died from a... [Published Plymouth Herald - Aug 19 2014]
Financial services event search platform launched [Published Financial Reporter - Aug 19 2014]
Gulf between best and worst annuity rates 'stil... [Published IFAonline.co.uk - Aug 18 2014]
Investors to demand action on IFRS failings aft... [Published Investment Pensions Europe - Aug 14 2014]
Legal & General quits Association of British In... [Published Guardian.co.uk - Aug 13 2014]
FRC nears end of Sisyphean task of implementing... [Published Accountancy Age - Aug 13 2014]
Legal & General says to quit British insurance ... [Published London South East - Aug 13 2014]
LEGAL & GENERAL : says to quit British insuranc... [Published 4 Traders - Aug 13 2014]
The Press Roundup [Published MoneyAM - Aug 13 2014]
Wednesday Papers: Russian aid convoy sparks fea... [Published Wealth Manager - Aug 13 2014]
Legal & General 'quitting Association of Britis... [Published Telegraph - Aug 12 2014]
£500k minimum PII plan delayed [Published New Law Journal - Aug 12 2014]
Insurance renewal [Published Professional Security - Aug 12 2014]
Back to basics [Published 50connect.co.uk - Aug 12 2014]
PRA: Solvency II capital changes will be ‘broad... [Published Insurance ERM - Aug 11 2014]
ABI Says Reducing Whiplash Costs Key to Lower A... [Published Insurance Journal - Aug 11 2014]
Is the ABI filibustering over legacy schemes? [Published Pensions Insight - Aug 08 2014]
SRA is bewitched by insurance mirage [Published Law Society Gazette - Aug 08 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 ...
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