Insurance Regulation

EIOPA Publishes Second Report on Insurance & Pensions Investments

The European Insurance and Occupations Pensions Authority (EIOPA), has today published its second report on cost and past performance of insurance-based investments products (IBIPs) and personal pension products (PPPs) in the European Union. The report is published following a request from […]

News

2018 Road Accidents Steady, Despite Rising Population & More Vehicles

The government has published its annual report on road casualty figures for 2018, with a broadly similar number of fatal, serious and slight injury incidents being reported by Police forces to 2017. Given that the […]

Insurance Regulation

FCA Say Complaints About Banks & Insurers Down by 5% in 2018 H2

The Financial Conduct Authority (FCA) has today published the complaints figures for regulated firms for the second half of 2018. During the second half of 2018 (2018 H2), complaints decreased by 5%, falling from 4.13m […]

News

Sabre Insurance Results: Profits Steady, New Van Insurance, AI Project & More

Sabre Insurance have had a good year, posting results via the LSE (London Stock Exchange) today. Profits are at £61.4m before tax, £50.1m after tax. Sabre issued a 6.8p per share dividend. The company also […]

Household Insurance

Summer Heatwave Causes Spike in Subsidence Claims

More than 10,000 households made claims worth a total of £64 million to deal with the impact of subsidence in just three months of this year, the Association of British Insurers (ABI) is revealing today. […]

Insurance Regulation

Budget 2018: ABI, RAC and BIBA Reaction to IPT Freeze

For the insurance industry the Budget was something of a non-event, with no change announced in Insurance Premium Tax. On the upside, there was no rise, but on the downside this remains an undeniable punishment […]

News

Budget 2018: ABI Urges Freeze on £6bn Insurance Premium Tax

The Government is being urged to freeze Insurance Premium Tax (IPT) at the forthcoming Budget, after HMRC figures revealed that taxpayers are now paying record amounts of the tax. Official tax receipts for August show IPT […]

News

Auger Predicts Subsidence Claims Will Run Into Next Year, After Hot Summer

Specialist for the insurance industry Auger says the dramatic rise in the cases of subsidence due to the record-breaking dry spell in the UK will go on well in to 2019. Chris Cowen, client relationship […]