Articles
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Quarterly motor claims hit record high
13/05/2025
The ABI's latest data shows claims payouts hit record levels during the first three months of the year. The trade body has reiterated its calls for the Government to help combat claims costs by addressing the skills and capacity challenge in the vehicle repair sector, improving the UK's roads and delivering its road safety strategy.
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Pension industry unites on Mansion House Accord
13/05/2025
Seventeen of the largest workplace pension providers in the UK have expressed their intent to invest at least 10% of their defined contribution (DC) default funds in private markets by 2030, with 5…
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Funding for flood defences crucial as the bill for bad-weather hits record quarterly high
07/05/2025
The ABI’s Q1 2025 property claims and premium data shows quarterly claims for weather-related damage to people’s homes and possessions topped £200 million for the first time ever.
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ABI comments on Government's response to the WPSC defined benefit report
01/05/2025
The Government has responded to the Work and Pensions Select Committee defined benefit pensions schemes report. In reply, we have reiterated our calls for trustees to carefully consider the longevity of schemes and the best interests of their scheme members, alongside the insurance market's key role in securing peoples’ pensions through buy-ins or a full scheme buyout.
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David Otudeko appointed ABI Director of Regulation
28/04/2025
David Otudeko has been appointed Director of Regulation at the Association of British Insurers (ABI). David joined the ABI in June 2021 as Assistant Director, Head of Prudential Regulation and…
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PartnerRe joins the ABI’s membership
16/04/2025
Global reinsurer, PartnerRe’s Life & Health business, is the latest firm to join the ABI.
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Kay Swinburne appointed ABI Chair
03/04/2025
Baroness Kay Swinburne is the new independent Chair of the ABI. She succeeds Baroness Nicky Morgan who was the first person to hold the role. The position of independent Chair was created in 2021…
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ABI responds to IFS report on pension decisions
01/04/2025
Our response to the Institute for Fiscal Studies latest report on pension withdrawal decisions, calling for reforms to help individuals make good use of their pension wealth throughout retirement.
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ABI responds to the Spring Statement
26/03/2025
The ABI has responded to the Spring Statement 2025, delivered today by the Chancellor of the Exchequer
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Heathrow Airport closure
21/03/2025
Insurance advice for anyone experiencing travel disruption due to the Heathrow Airport closure.
