The Association of British Insurers

Type: Organization
Name: The Association of British Insurers
First reported Aug 20 2014 - Updated 23 hours ago - 1 reports

New ash cloud could leave travellers facing hefty holiday cancellation bills

| Updated: 19:04 EST, 19 August 2014A threatened new ash cloud from an Icelandic volcano could leave travellers facing hefty holiday cancellation bills, it emerged last night.Thousands of British tourists were warned yesterday their trips could be in ... [Published Mail Online UK - Aug 20 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Financial services event search platform launched

Industry Events Limited has recently announced the launch of its new website, Industry Events Online.The new website, which is available here, aims to assist delegates and event providers as well as professional bodies link up on one easy to use webs ... [Published Financial Reporter - Aug 19 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]
First reported Aug 05 2014 - Updated Aug 05 2014 - 1 reports

Insurers warning over riot cover

People and businesses will be put at risk of financial hardship if proposed reforms to the way claims for riot damage are paid out go ahead, insurers are warning.Around £167 million has been paid out to people and firms following the wave of rioting, ... [Published NewsRT.co.uk - Aug 05 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 2 reports

‘Unworkable’ Flood Re insurance scheme will exclude millions

The property industry says there are flaws in the proposed new affordable flood insurance scheme that could see flat-owners and many others left out.‘Flood Re’, or the Flood Reinsurance Scheme, will be a not-for-profit entity, owned and managed by the ... [Published Public Sector Executive - Jul 28 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Let’s be clear

The insurance industry has found itself under attack again over transparency on costs and fees. This time around consumer champion Which has accused the sector of levying unfair cancellation and adjustment fees on its customers and even set up a campaign ... [Published Insurance Age - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Insurers slam Govt flood fund

Insurers have called a fund to help home owners who have been flooded “unworkable”.The Association of British Insurers highlighted key arrears of concern with the scheme, which was designed as safety net for uninsured victims of flooding.Tweet ... [Published PoliticsHome - Jul 25 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 2 reports

ABI responds to Which campaign

The Association of British Insurers (ABI) said the insurance sector is already transparent following the launch of a campaign, by consumer publisher Which, to "Stop Sneaky Fees and Charges on financial products".The campaign launched as Which revealed ... [Published InsuranceAge.co.uk - Jul 24 2014]

Quotes

Head of pensions research Tom McPhail said: "It is painfully obvious that some companies are making no effort to offer their customers decent value. For investors who do shop around, competitive rates are available; unfortunately we also know that in spite of the recent budget reforms, investors are still being rolled over into their existing provider's annuity."
...Nigel Wilson, chief executive of L&G, said: "This is a reflection of the fact that a large proportion of our business lines will fall outside the remit of the ABI, given that the business of Legal & General has significantly evolved and in 2014 our business is now as much investment management as insurance."
A brief summary of Wednesday "s main business headlines... Extensive coverage of Ladbrokes profit dive, whether Candy Crush has lost its...."
"Honest drivers have been bearing the cost of a system that has been open to abuse and it is time for a change."

More Content

All (87) | News (81) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (3) | Press Releases (0)
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Can your cavity wall insulation withstand floods? [Published 2Degrees - 23 hours ago]
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]
ABI Scotland Analysis presentations [Published SFE Recap - Aug 08 2014]
Riot reforms 'threaten insurance policies' [Published Investor Portfolio Service - Aug 08 2014]
PII decision held for up to 90 days [Published Law Society Gazette - Aug 07 2014]
U.K.: Insurers say planned changes to riot act ... [Published Business Insurance - Aug 06 2014]
Aviva proposes removal of compensation for whip... [Published Wright Hassall - Aug 05 2014]
Insurers warning over riot cover [Published NewsRT.co.uk - Aug 05 2014]
Insurers warn that new Riot Damages Act could s... [Published Mindful Money - Aug 05 2014]
Equity Capital Markets: New ABI Transaction Gui... [Published JD Supra - Aug 04 2014]
Aviva calls for ban on whiplash payouts [Published Lexology - Aug 04 2014]
MoJ capping whiplash report costs at £180 [Published Insurance Insight - Aug 04 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 ...
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