News articles
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Ensuring the student years are the best possible
29/08/2019
With thousands of students starting university or college for the first time, or returning for another year, the Association of British Insurers (ABI) is urging students to make sure their valuables…
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British Airways pilots strike
28/08/2019
Travel insurance may cover additional lost accommodation costs and other expenses if booked prior to the dates when the strike days were announced. Where this cover is provided, it will usually apply…
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Detected insurance frauds in 2018
28/08/2019
Average insurance fraud now tops £12,000 with 1,300 insurance scams uncovered every day. Average insurance scam uncovered is now £12,000, but a fraudulent claim for £1.2 million…
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Brexit and Green Cards
27/08/2019
Responding to the news that drivers from the Republic of Ireland to Northern Ireland will not require a Green Card, ABI said: “We welcome the co-operation between the UK Government and the…
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Costa fortune – Every three minutes a UK traveller now needs emergency medical treatment abroad, as the medical treatment bill hits an eight-year high
19/08/2019
A claim for heart problems in the US cost £241,000; £200,000 to treat a brain haemorrhage in China; £153,000 to treat a fractured arm in San Francisco…
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"Mobile phone use while driving should be as socially unacceptable as drink driving" - ABI response to Transport Select Committee
13/08/2019
Responding to a report from the Commons Transport Select Committee, calling for tougher actions to tackle driving while using a mobile phone, Laurenz Gerger, Motor Policy Adviser at the…
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Cyber insurance payout rates at 99%, but uptake still far too low
08/08/2019
Up to 89% of businesses potentially unprotected against attacks The Association of British Insurers has, for the first time, revealed that 99% of claims made (207) on ABI-member cyber insurance…
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Wider review of pension tax allowances needed "to fix and simplify for all"
07/08/2019
Commenting on news of a consultation on the taxation of public sector pensions, Head of Taxation at the ABI, Mervyn Skeet, said any review should go much further: “Steps to address pension…
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Plus ça change…
06/08/2019
Developments in tax and regulation in the context of the ever-changing external environment, can bring on a desire to lie down in a darkened room in even hardened practitioners, but…
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“Confusing patchwork of rules” behind pension charge issues
05/08/2019
Responding to a report out today from the Work and Pensions Select Committee, Rob Yuille, Head of Long-Term Savings Policy at the Association of British Insurers, said: “Of course consumers…