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The Latest Breaking News from ABI

Record £1.23bn paid out in pet insurance claims in 2024, says ABI

The Association of British Insurers said that members received around 4,900 claims on pet insurance policies per day typically last year.

Evening Standard · May 23, 2025

Claims for weather-related damage to homes and possessions hit record £226m

The ABI said it is the first time that quarterly claims for weather-related damage have topped £200 million.

Evening Standard · May 7, 2025

Is your bathroom missing a thermostatic shower mixer? ABI Interiors' will redefine your bathroom game

Too hot? Too cold? These mixers keep the water temperature just right

Evening Standard · May 2, 2025

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Record £11.7bn paid in motor claims in 2024 says Association of British Insurers

The average cost of motor cover across 2024 was £622 – 15%, or £78, higher than 2023.

Evening Standard · Feb 17, 2025

UK insurers paid out record £585m last year as climate breakdown intensifies

Insurers blame ‘significant and consistent bad weather’ after year of 12 named storms

The Guardian - UK · Feb 10, 2025

Storms and flooding took record toll on insurance claims in 2024 – ABI

The Association of British Insurers said it has ‘long stressed’ the need for further investment in flood defence and maintenance.

Evening Standard · Feb 10, 2025

Arm PC market share won't rise above 13% in 2025 says ABI Research

Arm-based PCs won't enjoy a lot of momentum in 2025, according to a recently published report by ABI Research.

Tom’s Hardware · Jan 5, 2025

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Thousands more people ‘priced out of car insurance market over past year’

Citizens Advice said bold action must be taken, including targeted support for those struggling most.

The Independent UK · Dec 10, 2024

Record £4.1bn paid out in property claims this year so far – ABI

Flood prevention and resilience must be considered in all planning decisions and building standards, the Association of British Insurers said.

The Independent UK · Nov 19, 2024

Average cost of motor cover £50 higher than a year earlier

While insurance prices are higher on an annual basis, the average cost of cover has fallen when compared with the previous quarter.

Evening Standard · Nov 12, 2024

Home Office launches new charter in ‘crackdown’ on insurance fraud

It comes as fraudulent insurance claims detected by the Association of British Insurers (ABI) topped £1.1 billion in 2023.

Evening Standard · Oct 24, 2024

£1.1bn-worth of bogus insurance claims detected last year

More than half of detected bogus claims last year involved motor insurance, the Association of British Insurers said.

The Independent UK · Sep 25, 2024

Why car insurance is getting so expensive across the UK

THE average cost of car insurance has risen sharply over the past two years as industry experts highlighting inflation and elevated interest rates…

The National (Scotland) · Sep 17, 2024

Record 4.4m people took out pet insurance last year, figures show

Around 1.7 million more people have pet insurance than a decade ago, the Association of British Insurers said.

The Independent UK · Aug 29, 2024

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The Independent UK · Aug 11, 2024

Record £1.4bn in property insurance claims paid out in the second quarter – ABI

Subsidence payments for home insurance claims increased in the second quarter of the year, hitting a record £60 million, the ABI said.

The Guardian - UK · Aug 6, 2024

England riots: what help is available for affected homeowners and businesses?

Insurers say they will respond as quickly as possible, while official compensation could be another option

Newcastle Herald · Jun 6, 2024

Before and after: Kahibah cottage set for auction after coastal transformation

The property will be auctioned on June 26.

The Guardian - UK · May 30, 2024

Business manifestos: six pre-election proposals touted by UK industry

The business groups’ big ideas, from payroll savings schemes to making big tech compensate for fraud on its platforms

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Barchart · May 10, 2024

3 Highest Yielding Dividend Kings With Immediate Buy Signals

Discover 3 three highest yielding dividend kings with buy signals today.

The Guardian - UK · Apr 25, 2024

Car insurance firms agree to crack down on ‘poverty premium’

UK insurers say they will aim to stop monthly payments falling hardest on those who can least afford it

The Guardian - UK · Apr 15, 2024

UK weather-related insurance claims reach record £573m

Flood and frozen pipe damage caused by series of storms, says Association of British Insurers

Evening Standard · Apr 6, 2024

Record £9.9bn paid out in motor insurance claims last year, says ABI

Payouts for repairs, thefts and replacement vehicles increased, the Association of British Insurers said.

The Guardian - UK · Apr 6, 2024

UK car insurance cost up by third but just 2% in France

Disparity, along with lower increases for car cover in rest of Europe raises questions about motor insurance in Britain

The Guardian - UK · Feb 21, 2024

Is the car insurance industry driving up prices to take us for a ride?

Premiums have soared but data appears to show numbers don’t add up

The Guardian - UK · Jan 27, 2024

‘They quoted £7,000-£8,000’: young drivers face huge car insurance rises

Motorists between ages of 17 and 20 are being quoted thousands but there are ways to cut costs

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