News articles
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Beast from the East - insurance advice from the ABI
28/02/2018
With freezing temperatures and snow disrupting much of the UK, the Association of British Insurers is advising people.....
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One year on, personal injury compensation reforms can no longer be parked warns the ABI
27/02/2018
Cost pressures on drivers mount: annual lifetime motor insurance costs now estimated to top £31,000, with average price of annual cover at a record high. Britain’s motorists are paying a heavy…
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"Please, get on with it" insurers tell Government on Brexit transition
26/02/2018
The Government must stop ‘over complicating’ a transitional deal and agree a ‘straightforward transitional now’, Huw Evans, Director General of the ABI will say in speech to industry leaders…
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4 in 5 insurers have diversity strategies but only 1 in 5 top jobs are held by women
26/02/2018
Insurance industry publishes benchmark data on diversity for the first time The most comprehensive survey ever carried out of talent and diversity in the insurance and long-term savings sector has…
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Britain uncovered – the average UK household now owns £35,000 worth of ‘stuff’
21/02/2018
The value of possessions owned by all UK households now totals nearly £1 trillion (that’s more than the government spent last year). Average amount of stuff owned, at £35,000, is worth…
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New appointment to the ABI Board
13/02/2018
Clive Bannister, Group Chief Executive Officer of Phoenix Group Holdings PLC, has joined the Board of the ABI. Clive Bannister is the Group Chief Executive Officer of Phoenix Group Holdings PLC, the…
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Next steps in solving the self-employment savings challenge: Government and industry announce details of two-day tech event
12/02/2018
Details are being released today of a two day innovation event being jointly hosted by the Association of British Insurers (ABI), Department for Work and Pensions and HM Treasury that will explore…
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Insurers pave the way for trade with new countries
08/02/2018
A template for future trade agreements with non-EU countries is being proposed by the Association of British Insurers (ABI), helping to pave the way for UK-based insurers to expand their operations…
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Cost of car insurance now gobbles up 10% of a young driver's average salary
06/02/2018
Further evidence of the need to tackle rising motor insurance premiums - the cost of car insurance now gobbles up 10% of a young driver’s average salary 10% of a young driver’s average annual…
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HM Treasury delays the transposition of the Insurance Distribution Directive
02/02/2018
James Bridge, Assistant Director, Head of Conduct Regulation at the Association of British Insurers, said: “We are pleased that HM Treasury has taken the pragmatic decision to pause the transposition…