News articles
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COVID-19: Insurers expect to pay up to £2.5 billion for UK insurance claims
20/02/2021
ABI members expect to pay up to £2.5 billion for COVID-19 insurance claims incurred in 2020 according to the latest estimates from the Association of British Insurers published today.
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Supreme Court verdict on business interruption insurance test case
15/01/2021
Association of British Insurers responds to the Supreme Court verdict on business interruption insurance test case.
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Insurers extend their Covid support to help many of the UK’s 17 million home and 27 million motor insurance customers
13/10/2020
Pledges by Association of British Insurers (ABI) members to support those working from home due to the pandemic and drivers have been extended till 31 December 2020.
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Motor claims fell significantly in Quarter 2, though the average claim value reached a record high
02/09/2020
As expected, the number of motor insurance claims notified to insurers in the second quarter of the year fell significantly according to figures out today from the Association of British Insurers (ABI).
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Insurers commit to extending Covid-19 customer pledges
28/08/2020
Pledges made by members of the Association of British Insurers (ABI) to support customers during the Covid-19 crisis are being extended to 31st October 2020.
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ABI Comment on The CityUK report 'Recapitalisation essential to protect UK jobs and prevent SMEs failing'
16/07/2020
The CityUK has published a new report, 'Recapitalisation essential to protect UK jobs and prevent SMEs failing'.
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Joint statement from the ABI and BMA
19/06/2020
The ABI has addressed questions raised by the BMA about life insurance and income protection applications for healthcare workers during the Coronavirus pandemic
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ABI responds to open letter from small business owners and representatives
26/05/2020
The ABI has responded to an open letter from small business owners and representatives regarding business interruption insurance and COVID-19. In the response, ABI Director General…
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ABI responds to open letter from beer and pub industry coalition
20/05/2020
In the response Director General, Huw Evans, acknowledges the uncertainty the COVID-19 crisis has created for many businesses, particularly in the hospitality sector and outlines the industry…
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Insurance and long-term savings industry launches fund to support people worst affected by Covid-19
18/05/2020
The UK insurance and long-term savings industry today launches a new fund to help support some of the people hardest hit by the Covid-19 crisis. The Covid-19 Support Fund aims to raise…