Articles
-
Scale of annuity providers’ investment in UK revealed
13/02/2025
New data from the Association of British Insurers (ABI) shows that in 2023, £178 billion (65%) of assets held by participating firms providing bulk and individual annuities were invested in the UK.
-
The Managing General Agents’ Association and Association of British Insurers Agree Collaboration to Drive Progress in Insurance
12/02/2025
The Managing General Agents’ Association (MGAA) and the Association of British Insurers (ABI) have taken a significant step towards greater industry collaboration by signing a Memorandum of…
-
Another post-pension freedoms record for annuity sales
12/02/2025
As more people look to secure a reliable retirement income for life, sales of pension annuity contracts jumped 24% in 2024 to 89,600, surpassing last year’s total and reaching a new ten-year high.
-
More action needed to protect properties as adverse weather takes record toll on insurance claims in 2024
10/02/2025
Insurers paid out a record £585 million for weather-related damage to people’s homes and possessions in 2024, according to the latest data from the Association of British Insurers
-
Our response to the Chancellor’s speech on growth
29/01/2025
Responding to the Chancellor’s speech, Hannah Gurga, Director General of the ABI, said: “This is an ambitious plan on investment, utilising public-private partnerships and with a…
-
The ABI launches a new cyber guide for SMEs
29/01/2025
Despite considering themselves too small to be targeted, small & medium enterprises (SMEs) are severely exposed to the risk of cyber-attacks and are not taking advantage of cyber insurance to help mitigate this risk, according to research from the Association of British Insurers (ABI).
-
We issue advice for those affected by Storm Eowyn
24/01/2025
The Association of British Insurers (ABI) is reassuring homeowners and businesses impacted by Storm Eowyn that their insurers will be ready to help and support them.
-
Advice for homes and businesses ahead of Storm Éowyn
22/01/2025
Ahead of Storm Éowyn, the Association of British Insurers (ABI) is reassuring homeowners and businesses that their insurers will be ready to help and support their customers.
-
ABI responds to Government's pensions "megafunds" consultation
15/01/2025
With several in-train policies sharing many of the same aims as the proposed size threshold for Megafunds, the Government must prioritise - says ABI
-
OneFamily joins ABI as new member
06/01/2025
Life insurance provider, the OneFamily Group, becomes the latest new member of the Association of British Insurers (ABI).