News articles
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ABI reponds to EIOPA call for immediate action on cross-border contracts
05/11/2018
The European Commission seemingly continues to refuse to take action to remedy the issue of cross-border contract continuity in a No Deal Brexit scenario. In an press statement issued by…
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ABI response to CMA ComparetheMarket investigation
02/11/2018
Responding to the Competition and Markets Authority's investigation into particular clauses used by ComparetheMarket, James Dalton, the Association of British Insurers’ Director of General…
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How do I make a life insurance claim?
31/10/2018
Insurance Questions Answered: What’s the process for claiming on a life insurance policy taken out by an individual, or provided by their employer? First things first - there is no need to rush…
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Ban on combustible cladding “does not go far enough”
31/10/2018
More action still needed – 16 months after Grenfell Tower Fire Measures to ban combustible materials on the outside of some buildings in the wake of the Grenfell Tower Fire do not go far enough…
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ABI responds to FCA launching a market study into pricing in motor and home insurance
31/10/2018
Commenting on today’s confirmation by the Financial Conduct Authority (FCA) that it is launching a market study into pricing practices in the retail motor and home insurance markets, Hugh Savill, the…
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Beat the freeze – ABI urges people to take action to prevent frozen and burst pipes
30/10/2018
After the worst period of burst pipes on record plagued the UK earlier this year, and with the first lot of arctic winds already sweeping across the UK – the Association of British insurers is…
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Budget 2018 – ABI initial response
29/10/2018
Commenting on today’s Budget, Huw Evans, Director General, Association of British Insurers, said: On no further increase in the rate of Insurance Premium Tax “We are pleased that the Chancellor has…
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Insurance Premium Tax rakes in a record £1.35bn for Government in one month
26/10/2018
Industry urges no more increases to the “mother of all stealth taxes” The Government is being urged to freeze Insurance Premium Tax (IPT) at the forthcoming Budget, after HMRC figures revealed that…
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Relief for drivers as average motor insurance premiums continue to drop
25/10/2018
Average motor premium drops for third quarter in a row, to £471 Strong progress of Civil Liability Bill possible cause of the fall Lower costs only sustainable if Government leaves Insurance Premium…
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ABI and Government publish updated Code on Genetic Testing & Insurance
23/10/2018
The Association of British Insurers and Department for Health and Social Care have today launched an updated Code on the use of genetic testing in the insurance market. The Code is the sixth…