Sian Fisher has been appointed CEO of the London-based Chartered Insurance Institute (CII)*. She succeeds Dr. Sandy Scott, who announced his retirement in March last year. Fisher will take up her new post on Feb. 1 Fisher has a large …
The UK is currently experiencing a protracted series of floods, which have swept up the west coast of the country through Wales and into the Midlands. Two deaths have been reported, and over 800 homes and businesses have been flooded …
With one month to go until gender-neutral pricing becomes mandatory in the UK, the Association of British Insurers (ABI) stressed that “the insurance market will remain competitive despite the ruling and has published key consideration points for consumers set to …
The Association of British Insurers is urging a review of the regulations for younger (17 to 24 year-old) drivers, including some new strictures that would require “a minimum one year learning period, restrictions on night time driving and lowering the …
The UK’s insurance market for auto insurance has been referred to the Competition Commission for investigation. The Office of Fair Trading (OFT), which made the referral, expressed concerns that the structure of the market resulted in excessive costs and that …
With three months to go until the European Court of Justice ban on insurers taking a person’s gender into account when calculating premiums and benefits, the Association of British Insurers (ABI) has published guidance for consumers. “Gender has always been …
Insurers are set to pay up to £500 million [$782.3 million] or £17 million [$26.6 million] every day – to customers who have suffered flood and storm damage during the wettest June on record, according to latest estimates from the …
A bulletin from the Association of British Insurers (ABI) indicates that “while insurers reacted quickly to help customers hit by last August’s riots, the riot compensation scheme has failed too many Londoners.” Presenting the figures at the London Assembly the …
Otto Thoresen, the Director General of the Association of British Insurers, issued a positive comment on the announced plan by UK Business Secretary Dr. Vince Cable to regulate payments to company executives. The proposed measures include giving shareholders binding votes …
“The victims of the UK’s metal theft crime wave are now being paid out over £1 million [$1.58 million] every week by insurers,” according to the Association of British Insurers. Thieves are making off with everything from “train cables to …
