All ABI articles
-
NewsTemporary trade credit reinsurance scheme to close
The ABI has revealed that the temporary Trade Credit Reinsurance (TCR) scheme will close on 30 June as planned.
-
NewsABI signs Race at Work Charter as it launches new two-year inclusion strategy
Around 32 of the association’s insurer members have also committed to the Race at Work Charter
-
NewsInsurers unveiled 107,000 fraudulent insurance claims in 2019
New figures published by the ABI reveal that insurers discovered a total of 107,000 fraudulent insurance claims in 2019, worth approximately £1.2bn – this is a 5% increase on the fraudulent claims detected in 2018. This equates to a new scam being revealed every five minutes last year, amounting to ...
-
NewsTrue impact of lockdown reductions not shown in ABI’s claims data says By Miles
Pay-per-mile insurtech By Miles has pointed out the ABI’s new quarterly motor claims data that was published today does not demonstrate the true impact of lockdown reductions in claims. The insurtech said that it could therefore include potential “red herrings” for some of the values of claims that have ...
-
NewsABI records 48% decline in motor claims between 2020’s Q1 and Q2
Trade body the ABI reported that new motor insurance claims fell by 48% in the second quarter of 2020, reflecting the national lockdown regime that was implemented to mitigate the spread of Covid-19. Across April, May and June, the ABI recorded 324,000 new motor insurance claims compared to 678,000 claims ...
-
NewsCOVID-19 – Travel insurers expect to make record payouts to customers
Travel insurers expect to pay out at least £275 million to travellers due to the Coronavirus according to first estimates out today from the ABI (Association of British Insurers).
-
Online onlyCoronavirus: No insurance cover for most virus-hit businesses
Most businesses do not have insurance cover to compensate them for coronavirus losses
