Articles

  • 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.

  • 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…

  • 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.

  • ABI comments on Government's response to the WPSC defined benefit report

    01/05/2025

    How do I find my pension?

    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.

  • 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…

  • PartnerRe joins the ABI’s membership

    16/04/2025

    Global reinsurer, PartnerRe’s Life & Health business, is the latest firm to join the ABI.

  • 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…

  • 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.

  • 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

  • Disruption at Heathrow Airport

    21/03/2025

    In response to the news that Heathrow Airport will be closed on Friday 21 March due to a fire at a nearby electrical substation, the ABI has shared advice for anyone experiencing travel disruption.