Articles
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Record numbers take out Income Protection Insurance
20/03/2024
Our latest figures provide a snapshot of the trends in the UK’s individual protection insurance market
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Unmasked – the Insurance Industry Gets Snippy on IPT
29/02/2024
Now has never been a better time for the Government to reduce Insurance Premium Tax.
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We Unveil 10 Steps the Industry is Taking to Combat the Rising Costs of Motor Cover
27/02/2024
Insurers announce actions to bring down costs after premiums increased 25% in 2023.
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We Respond to the Advice Guidance Boundary Review Policy Paper
26/02/2024
The FCA and the Government have sought reviews on a policy paper containing proposals for closing the advice gap.
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2023 Sets New Post-Pension Freedoms Record for Annuity Sales
16/02/2024
Our data shows a record year of sales for the retirement product – the highest annual value since the introduction of pensions freedoms.
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Lloyds Banking Group’s Chira Barua Joins ABI Board.
07/02/2024
The CEO of Scottish Widows / CEO of Insurance, Pensions and Investments of Lloyds Banking Group, Chirantan (Chira) Barua has joined the Board of the ABI. Meanwhile two committees welcome new…
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The cost of home insurance rises as insurers support customers and battle cost pressures
07/02/2024
In year marked by a succession of storms, our latest Home Insurance Premium Tracker shows the price paid for the average combined buildings and contents policy rose 13% in 2023 to £341.
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Motor Insurance Premiums Continue to Rise as Insurers Battle Costs
31/01/2024
Our latest figures highlight that the average price paid for motor insurance rose by 25% over 2023, as insurers continue to battle rising costs, and provide competitively priced motor insurance.
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Read our Response to the Autumn Statement 2023
22/11/2023
We respond to the Autumn Statement delivered by the Chancellor of the Exchequer.
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Solvency UK: Cross-sector co-operation to drive £100bn investment into UK projects
06/07/2023
Senior industry leaders have formed the new Investment Delivery Forum. It will act as a catalyst and facilitator to drive investment into UK infrastructure projects.