Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased co...
COVID-19: Insurers expect to pay up to £2.5 billion for UK insurance claims
ABI members expect to pay up to £2.5 billion for COVID-19 insurance claims incurred in 2020...
ABI members expect to pay up to £2.5 billion for COVID-19 insurance claims incurred in 2020...
Article / 3 years ago
FCA Test Case: Supreme Court hearing
As the FCA Test Case on business interruption insurance moves to the appeals stage at the UK Supreme Court...
As the FCA Test Case on business interruption insurance moves to the appeals stage at the UK Supreme Court...
Article / 3 years ago
ABI response to the business interruption insurance test case judgement
Insurers have supported this fast-track court process led by the FCA to help bring clarity for customers and we welcome the speed with which the court has delivered a ruling...
Insurers have supported this fast-track court process led by the FCA to help bring clarity for customers and we welcome the speed with which the court has delivered a ruling...
Article / 4 years ago
ABI welcomes Government-backed temporary reinsurance scheme so businesses can continue to access trade credit insurance ABI
Scheme will provide reassurance to thousands of businesses who rely on trade credit insurance...
Scheme will provide reassurance to thousands of businesses who rely on trade credit insurance...
Article / 4 years ago
The ABI has responded to an open letter from organisations representing the Beer and Pub Industry regarding business interruption insurance and COVID-19
In the response Director General, Huw Evans, acknowledges the uncertainty the COVID-19 crisis has created for many businesses, particularly in the hospitality sector and outlines the industry...
In the response Director General, Huw Evans, acknowledges the uncertainty the COVID-19 crisis has created for many businesses, particularly in the hospitality sector and outlines the industry...
Article / 4 years ago
ABI Responds to FCA announcement on additional COVID-19 Measures
Today the FCA announced measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus. Commenting on these measures, an ABI spokesperson said...
Today the FCA announced measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus. Commenting on these measures, an ABI spokesperson said...
Article / 4 years ago
ABI backs Government plans for a temporary reinsurance scheme so businesses can continue to access trade credit insurance
The ABI welcomes today’s Government announcement that it intends to develop a government-backed temporary reinsurance scheme to help businesses recover from the impacts of COVID-19...
The ABI welcomes today’s Government announcement that it intends to develop a government-backed temporary reinsurance scheme to help businesses recover from the impacts of COVID-19...
Article / 4 years ago
ABI and ACSO statement of intent for progressing claims during the Covid-19 crisis
The ABI and the Association of Consumer Support Organisations (ACSO) have worked together to develop a Statement of Intent for progressing claims during the COVID-19 crisis...
The ABI and the Association of Consumer Support Organisations (ACSO) have worked together to develop a Statement of Intent for progressing claims during the COVID-19 crisis...
Article / 4 years ago
Covid-19: Payouts of over £1.2 billion likely to be made to customers according to latest estimate from the ABI
Initial estimates from the ABI (Association of British Insurers) indicate that its members expect to pay out over £1.2 billion in claims to support businesses and individuals affected by Covid-19...
Initial estimates from the ABI (Association of British Insurers) indicate that its members expect to pay out over £1.2 billion in claims to support businesses and individuals affected by Covid-19...
Article / 4 years ago
ABI: We need to talk about pandemic insurance
As focus sharpens on who will pick up the cost of the fallout from the coronavirus, Director General of ABI, Huw Evans, has written for...
As focus sharpens on who will pick up the cost of the fallout from the coronavirus, Director General of ABI, Huw Evans, has written for...
Article / 4 years ago