Articles
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ABI responds to the Planning and Infrastructure Bill
11/03/2025
The Bill seeks to deliver on the Labour government’s Plan for Change pledge to deliver 1.5 million homes by the end of this Parliament, and support the delivery of the government’s clean growth and energy by 2030 mission. It will also legislate for the updated National Planning Policy Framework, which was published in December.
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A ten-year vision for prosperous and secure households, communities and businesses
27/02/2025
Report from WPI Economics sets out the role of the insurance and long-term savings sector in supporting economic growth and resilience over the next decade.
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Andy Briggs announced as new ABI President
25/02/2025
Andy Briggs, CEO of Phoenix Group, is the new President for the Association of British Insurers (ABI). Andy becomes ABI President with immediate effect and will hold the role for the next…
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Cowbell joins ABI membership
18/02/2025
Adaptive cyber insurance provider, Cowbell, is the latest firm to join the Association of British Insurers (ABI).
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Motor claims hit record £11.7 billion in 2024
14/02/2025
Motor insurers paid out a record £11.7 billion in car insurance claims in 2024, as increases in theft and repair costs continued to impact premiums.
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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.
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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…
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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.
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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
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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…