ABI Media Outlook – 12 December 2010

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Sunday 12 December 
 
Tim Breedon article

The ABI placed an article from Tim Breedon in the Sunday Telegraph. The article looked ahead to 2011 as a seminal year for the insurance industry ahead of major reforms in 2012 to pensions, regulation and retail distribution.  
Key contact: Liz Forster/Erfan Hussain
Known coverage to date: Sunday Telegraph  

Tuesday 14 December  

Right Issue Fees Group         
Set up by the Institutional Investor Council, under the ISC, the Group released its findings this week. It found a significant portion of the fees companies pay for underwriting rights issues is not a good use of shareholders’ money.   The report also revealed widespread concern amongst institutional investors about the high level of underwriting fees banks charge, and the lack of transparency around how much is actually paid, to whom it is paid and what is paid for. 

Key contact: Erfan Hussain
Known coverage to date: All national media    

Burglaries at Christmas  
We issued seasonal tips on how people can guard against becoming a victim of crime at Christmas  

Key contact: Malcolm Tarling
Known coverage to date: BBC Radio 2, regional, trades    

Wednesday 15 December  

Ski Insurance  
ABI issued reminder on the importance of having winter sports insurance when going on a ski break. It followed on from a survey by the Foreign and Commonwealth Office that suggested that 30% of those who go skiing don’t take out winter sports insurance  

Key contact: Malcolm Tarling
Known coverage to date: trades and regional media    

Snow tyres  
There was continued media interest in the possible insurance implications of fitting snow tyres. We continued to confirm that the general view was that the fitting of snow/winter tyres would not be classed as a material alteration to the vehicle (provided they are fitted by reputable garage, in accordance with manufacturers own specifications)  and that, to be sure, policyholders should check with the head office of their insurance company.  

Key contact: Malcolm Tarling
Known coverage to date: Sky, regional broadcast and trades      

Forthcoming events     
   
Tuesday

• House rises for Christmas recess
• Story planned on insurance fraud

Wednesday

• Environment, Food and Rural Affairs Committee - Future Flood and Water Management Legislation report published

  
Erfan Hussain is on duty over the weekend of 18-19 December. He can be contacted on 07712 841 184.    

For more information please contact the media relations team:     Malcolm Tarling   020 7216 7410 07776 147 667
Erfan Hussain 020 7216 7411 07712 841 184  
Kelly Ostler-Coyle   020 7216 7415 07968 364 302