The latest ABI detected fraud statistics for 2012 include:
The total value of detected fraud for non-life insurance in 2012 exceeded £1bn for the first time, while for life insurance it dropped below £30m
- Overall, the average fraud saving for non-life was £8,750, but this varied between £30,000 for liability insurance and £391 for pet insurance
Detailed statistics on the insurance industry are available to purchase. See our industry data section for more details.