Blogs

  • The next step starts here on Consumer Duty

    25/02/2022

    Insurers may have a head start on Consumer Duty but that doesn’t mean that they can afford to relax.

  • Cyber insurance – growing the market to meet the global threat

    07/02/2022

    The UK cyber insurance market continues to grow at a steady yet impressive rate. The Association of British Insurers is working with brokers, underwriters, and trade associations to look at the demand side of the market...

  • Pensions Dashboards: The blind men’s elephant

    03/02/2022

    The ABI launched two reports on the future of pensions dashboards earlier this month. The research projects looked at the industry’s expectations of dashboards and user reaction to different potential dashboards functions respectively. With the DWP’s consultation on Dashboards regulations published earlier this week, Evey Tang reflects on the significance of the research findings and what the industry can expect next in this blog.

  • Health is wealth – health as the next frontier for ESG?

    02/02/2022

    ShareAction has created a new framework to help investors understand the impact of their portfolios on health. In her capacity as a member of the ShareAction steering group supporting the work, Yvonne Braun, ABI Director of Long-Term Savings and Policy, explains more.

  • A new design for a new era: UK Data and Law and Regulation in 2022 – less, but better?

    28/01/2022

    The UK government has plans for the reform of data regulation and law – using design principles to build a strong framework

  • Mind the Gap: Women, Work and Pensions

    26/01/2022

    Women in the workforce today have a better chance of saving for retirement than they ever have before, but despite this the gender pensions gap persists. There are three key reasons for this - levels of pensions awareness, a disproportionate number of women in lower paying jobs and the caregiver penalty. Ahead of the Women and Work APPGs 2021 Report launch, we look at the ways the Government can help women to save more for their retirement.

  • Levelling the playing field for millions of home and motor insurance customers

    01/01/2022

    New rule changes from the FCA on the pricing of home and private motor insurance come into force from today. Here, James Dalton, ABI Director of General Insurance Policy, explains five things to know about the changes.

  • Financial resilience in the long-term savings journey

    17/12/2021

    The last two years have demonstrated the value of having assets or insurance to rely upon when experiencing life events from redundancy to bereavement. While savings have increased for many, gaps in the population’s financial resilience have been exposed and exacerbated. Ahead of the ABI’s Annual Conference covering this issue, we look at the current picture of financial resilience and how it should be taken into account in policy on pensions, advice & guidance.

  • Our Industry's Purpose is to Protect People

    15/12/2021

    Today we are pleased to launch an independent KPMG report commissioned by the ABI which analyses the potential aggregate industry impact on the Risk Margin and Matching Adjustment from the scenarios the Prudential Regulation Authority (PRA) is exploring in its quantitative impact study (QIS) in support of Solvency II reform.

  • In or out? Sharing health data in Dragon’s Den

    13/12/2021

    Doctor with clipboard

    Patient-controlled medical records are the direction of travel, set out in the NHS Long Term Plan. Clearly there are benefits for insurers, but what’s in it for the customer? Does this have the potential to revolutionise the insurance industry? Will a new relationship of trust and value sharing be born? To answer some of these questions, the ABI are presenting our very own version of Dragon’s Den. This promises to be a trial by fire, forging innovative new ideas and starting to shape our industry’s vision of the future. But are you ‘in’ or ‘out’?