Articles
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Adverse weather pushes property insurance payouts to £6.1 billion in 2025
17/02/2026
Insurers paid out £6.1 billion in property claims in 2025, according to the ABI’s latest data - the highest annual total on record¹. In the final quarter alone, payouts reached £1.5 billion, as adverse weather events continued to drive up claims costs.
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Larger pension pots drive record-breaking year for individual annuity premiums
12/02/2026
Highest annual level for individual annuity premiums since pension freedoms were announced in 2014.
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£11.9 billion paid out in 2025 to support motorists across 2.5 million claims
11/02/2026
The ABI’s latest figures reveal that motor insurers paid out £2.9 billion in the final quarter of 2025¹, as high repair costs continue to drive up claims, taking total payouts for the year to £11.9 billion ².
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ABI outlines strategy to strengthen trust, resilience and market effectiveness
03/02/2026
In its new 2026-28 strategy, the ABI reaffirms its commitment to building a trusted sector, investing in people and planet and shaping an effective market.Following a successful three-year period…
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L&G joins the ABI
30/01/2026
L&G has become a member of the ABI, the voice of the UK’s world-leading insurance and long-term savings industry. Established in 1836, L&G is one of the UK's leading financial services…
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Power to the industry: The ABI strengthens member decision-making
29/01/2026
The ABI has refreshed its governance structure to give greater decision-making to the lead committees for general insurance, long-term savings and health and protection. Now known as product boards, the groups will determine all policy matters in the markets they represent.
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New guide to help SMEs navigate insurance needs
29/01/2026
A new guide from the ABI aims to help the UK’s Small and Medium-sized Enterprises (SMEs) better understand their insurance needs and address gaps in coverage. The guide breaks down the different insurance products and requirements for SMEs, which represent 99% of UK businesses.
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ABI response to Northern Ireland’s new Graduated Driver Licensing system
27/01/2026
In response to the news that Northern Ireland will become the first part of the UK to introduce graduated driver licensing for new drivers, Fraser Lyall, General Insurance Policy Adviser at the…
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Insurance advice ahead of Storm Chandra
26/01/2026
As the Met Office names the next storm of 2026, the ABI has issued advice to homeowners and businesses on how to prepare and what to do if they need to make a claim.
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Insurers process record £4bn across individual and workplace health schemes
21/01/2026
The ABI’s latest figures reveal that health insurers processed a record £4 billion in individual and workplace private medical insurance claims in 2024 – up 13% compared to 2023 (£3.57bn).1 That’s roughly £11 million paid out every single day across the year.
