News articles
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ABI Responds to queries on business interruption and government grants
01/07/2020
The ABI has received a number of queries regarding business interruption insurance payments and the Government grant schemes. In the letter, Huw Evans, Director General of the ABI has…
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Craig Thornton appointed new Chair of ABI's General Insurance Council
30/06/2020
Craig Thornton, General Insurance and Protection Director, Lloyds Banking Group, has been appointed as the new chair of the ABI’s General Insurance Council (GIC). The GIC sets the ABI’s…
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ABI Comment on Climate Financial Risk Forum Industry guide.
29/06/2020
The Climate Financial Risk Forum (CFRF), chaired by the Bank of England and the FCA has today published a guide developed in conjunction with industry, to help financial services firms tackle the…
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ABI Comment on Solvency II review
23/06/2020
The ABI has commented on the announcment of plans by the Chancellor of plans for a review of the Solvency II regime, along with a package of measures for financial services after Brexit
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Low earners missing out on vital tax relief despite more saving for a pension
23/06/2020
Basic rate taxpayers make up 83.4% of total taxpayers but only receive 26% of the pensions tax relief related to Defined Contribution pension contributions The need to overhaul the UK’s…
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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 TPR announcement on superfunds
18/06/2020
The ABI has commented this morning on the announcement, by The Pensions Regulator of a new interim regime for pensions superfunds
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ABI statement on Black Lives Matter movement
11/06/2020
Today, the ABI has commented on the Black Lives Matter movement and the questions it poses for professional services, including insurance.
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ABI releases first Annual Report On Code On Genetic Testing And Insurance
10/06/2020
The Association of British Insurers has released the first annual report on the Code on Genetic Testing and Insurance. It provides a transparent overview of the compliance exercise carried out by the…
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FCA sets out next steps to improve defined benefit pension transfer market
05/06/2020
Today the FCA set out its next steps to improve the defined benefit pension transfer market. This included a ban on contigent charging. Hugh Savill, Director of Conduct and Regulation at the…