News articles
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Insurers pay £90 million to help families cope with Coronavirus deaths
13/08/2020
The equivalent of £980,000 a day was paid in death claims when Coronavirus was at its peak according to the latest ABI data. Insurers received 7,000 life insurance claims, and paid…
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ABI Board Appointment
04/08/2020
The ABI (Association of British Insurers) today announces that Tavaziva Madzinga, CEO, Swiss Re, UK & Ireland (UKI) has joined its Board. ABI Board Chair Jon Dye, Chief Executive, Allianz…
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Charlotte Clark CBE appointed Director of Regulation at the Association of British Insurers
28/07/2020
Charlotte Clark CBE has been appointed as Director of Regulation at the ABI, replacing Hugh Savill who is retiring at the end of the year.
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Cost of motor insurance falls to four year low
28/07/2020
The average price paid for comprehensive motor insurance in the second quarter of the year at £460 was at its lowest quarterly level in four years according to the ABI’s latest Motor…
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Pensions Savers press pause in lockdown
26/07/2020
Latest industry data shows dramatic decreases in pension withdrawals during lockdown as pension savers opt to ride out stock market volatility and employment uncertainty During lockdown, throughout…
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ABI Comment on changes to guidance for travel to Spain
26/07/2020
Following the changes to Government guidance on travel to Spain including FCO advice against all but essential travel to mainland Spain and the imposition of a 14 day quarantine for travellers…
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ABI welcomes publication of draft Building Safety Bill
20/07/2020
The ABI has welcomed the publication today of the draft Building Safety Bill, which seeks to bring forward changes to the building safety regime. The Bill has been published in draft form to allow…
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ABI response on Public Accounts Committee report on tax reliefs
20/07/2020
The Public Accounts Committee have today published a report on tax reliefs, in which the Committee have called for a 12 month review of pensions tax relief. Commenting on the Committee's…
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ABI Comment on Money & Pensions Service Behavioural Trial Results
16/07/2020
The Money and Pensions Service (MaPS) released the results of behavioural trials to explore more effective ways of prompting people who phone their pension provider for retirement information to take Pension Wise guidance.
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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'.