Insurers in the emirate typically buy low-attaching reinsurance....
Motor insurers pay out record amounts to help keep motorists mobile
Average of £1.13 million paid out every hour in motor claims last year....
Average of £1.13 million paid out every hour in motor claims last year....
PR / 13 days ago
Weathering the Storm
Insurers expect to pay out an estimated £560 million to help customers who suffered damage caused by recent Storms Babet, Ciaran and Debi that struck in October and November according to figures out today from the...
Insurers expect to pay out an estimated £560 million to help customers who suffered damage caused by recent Storms Babet, Ciaran and Debi that struck in October and November according to figures out today from the...
PR / 4 months ago
Keeping motorists mobile - motor insurers payouts up 14% over the last year
Motor insurers paid out £2.4 billion in motor claims in the first quarter of this year, up 14% on the same quarter last year according to our latest data. This was the highest...
Motor insurers paid out £2.4 billion in motor claims in the first quarter of this year, up 14% on the same quarter last year according to our latest data. This was the highest...
PR / 11 months ago
Above inflation costs for insurers continue to put pressure on motor insurance premiums
Average price paid for motor insurance up by 2% in the first quarter of this year to £478, as insurers facing above inflation cost increases....
Average price paid for motor insurance up by 2% in the first quarter of this year to £478, as insurers facing above inflation cost increases....
PR / 11 months ago
Downhill drive continues with the average cost of motor insurance down 7% over the last year
The average price motorists are paying for their motor insurance continues to fall according to the ABI’s latest Motor Insurance Premium Tracker...
The average price motorists are paying for their motor insurance continues to fall according to the ABI’s latest Motor Insurance Premium Tracker...
Article / 2 years ago
Pandemic lockdowns lead to fall in motor insurance claims in 2020
The number of motor insurance claims settled by insurers in 2020 fell by 19% according to figures published today by the ABI (Association of British Insurers)...
The number of motor insurance claims settled by insurers in 2020 fell by 19% according to figures published today by the ABI (Association of British Insurers)...
Article / 3 years ago
ABI comments on the publication of Statutory Instruments to amend Civil Procedure Rules and introduce Whiplash Tariffs
Comment from Mark Shepherd, Assistant Director, Head of General Insurance Policy at the ABI on the publication of Statutory...
Comment from Mark Shepherd, Assistant Director, Head of General Insurance Policy at the ABI on the publication of Statutory...
Article / 3 years ago
One year on - insurers extend their Covid support to help many of the UK’s 17 million home and 27 million motor insurance customers
ABI members extend motor and home insurance Covid-19 pledges to 19 March 2021...
ABI members extend motor and home insurance Covid-19 pledges to 19 March 2021...
Article / 3 years ago
Detected Insurance Fraud - new data shows that every five minutes a fraudulent claim is discovered
The industry’s relentless pursuit of insurance cheats to protect honest customers is delivering results, with the equivalent of nearly 300 fraudulent claims and...
The industry’s relentless pursuit of insurance cheats to protect honest customers is delivering results, with the equivalent of nearly 300 fraudulent claims and...
Article / 4 years ago
Motor claims fell significantly in Quarter 2, though the average claim value reached a record high
As expected, the number of motor insurance claims notified to insurers in the second quarter of the year fell significantly according to figures out today from the Association of British Insurers (ABI)...
As expected, the number of motor insurance claims notified to insurers in the second quarter of the year fell significantly according to figures out today from the Association of British Insurers (ABI)...
Article / 4 years ago
