Insurance Regulation

Regulatory: ABI Slams Government Over Discount Rate Change

In the wake of the Ministry of Justice setting a new Discount Rate of minus 0.25%, Director General of the Association of British Insurers, Huw Evans, has written a letter to Lord Chancellor David Gauke […]

Insurance Regulation

Flood Re Review Should Prompt Property Re-Build Rule Changes

Responding to the publication today of Flood Re’s Quinquennial Review, James Dalton, Director of General Insurance Policy at the Association of British Insurers, said: “The insurance industry established Flood Re as part of our commitment to […]

Insurance Regulation

Regulatory: ABI Advice on Housing Materials Accepted by Govt Committee

A report out today from the Housing, Communities and Local Government Committee has adopted an Association of British Insurers (ABI) recommendation to help increase the safe use of modern methods of construction (MMC) through the development of […]

Insurance Regulation

Regulatory: Wellington Management Joins ABI as Associate Member

The ABI is pleased to announce that Wellington Management has become its latest associate member. Wellington Management serves as an adviser to clients in over 60 countries and is one of the world’s largest independent […]

Insurance Regulation

Loyalty Penalty: Call for Automatic Switch to Best Deal for Policyholders

The Financial Services Consumer Panel has today published new research which looks at the potential detriment for consumers of being trapped in poorly performing financial services products. The research shows that the costs of remaining in such […]

Insurance claims

Recession Looming? Business Debt Hits Ten Year High, Says ABI

Is the UK economy heading into another recession fuelled by ballooning debt? Apart from investor and company money piling into property development, many people are also funding a lifestyle above their income by renting prestige […]