Articles
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Home insurance payouts up 11%
19/09/2023
Our latest figures highlight a rise in home insurance payouts in the second quarter of the year, with claims paid, at £782 million, up 11% on Q2 2022.
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Sustained cost pressures push the average price of motor insurance to a record high
11/08/2023
The average price paid for motor insurance in the second quarter of 2023 continued its upward trend. Our latest Motor Insurance Premium Tracker shows insurers are battling with sustained cost pressures, such as a 33% rise in vehicle repair costs.
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Pack your travel insurance this summer and remember your trip for the right reasons
20/07/2023
As the peak holiday season arrives, we are reminding people to take their travel insurance contact details with them when they travel abroad.
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Keeping motorists mobile - motor insurers payouts up 14% over the last year
09/06/2023
Motor insurers paid out £2.4 billion in motor claims in the first quarter of this year, up 14% on the same quarter last year according to our latest data.
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Protection insurers pay out £6.85 billion
30/05/2023
Latest figures from the Association of British Insurers (ABI) and Group Risk Development.
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Annuity sales surge after turbulent 2022
28/05/2023
Sales of annuities surged 22% during the first three months of 2023
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Home Insurance costs: Below inflation rise
18/05/2023
Over the last year, the average price for home insurance rose by less than inflation
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NEW: Motor Insurance Premium Tracker
11/05/2023
Above inflation costs for insurers puts pressure on motor insurance premiums
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Cost of living boost for millions of households as the average price of home insurance falls to lowest since records began
15/02/2023
Despite a year of turbulent weather in 2022 causing damage to many homes, the average price paid for home insurance fell to its lowest since the ABI started collecting the data back in 2012, according to the ABI’s latest Household Insurance Premium Tracker.
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Sustained cost pressures for motor insurers biting, but motor insurance remains competitive
02/12/2022
The average price paid by motorists for their motor insurance has risen only marginally by 2% over the last year despite sustained rising cost pressures faced by insurers according to the ABI’s latest Motor Insurance Premium Tracker published today.