Latest News
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Public consolidator would be a major and unjustified intervention, warns ABI
18/04/2024
As part of its response to a Department for Work and Pensions (DWP) consultation on changes to Defined Benefit (DB) pension schemes, the Association of British Insurers (ABI) has said a public consolidator must not undermine a competitive and thriving buyout market, which caters to schemes of all sizes.
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Weather damage insurance claims worst on record
15/04/2024
According to our latest figures, property insurers paid out the equivalent of £13 million every day last year to help homeowners and businesses cope with unexpected and unwanted events.
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Motor insurers pay out record amounts to help keep motorists mobile
06/04/2024
The £9.9bn paid out in 2023 is the highest annual figure since the ABI started collecting the claims data back in 2013