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The Latest Breaking News from Association of British Insurers

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

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

Christmas shoppers warned to be on their guard against thieves

According to the Association of British Insurers, insurers dealt with the equivalent of 185 domestic burglary claims per day last Christmas.

The Independent UK · Dec 11, 2023

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Worrying link between ethnicity and insurance costs persists – Citizens Advice

The Association of British Insurers said insurers never use ethnicity as a factor when setting prices and its members comply with the Equality Act.

The Independent UK · Mar 29, 2023

Average insurance premium paid by motorists increases

Insurers have been finding it increasingly challenging to absorb rising costs, the Association of British Insurers said.

The Independent UK · Dec 2, 2022

Ombudsman receiving complaints about falling insurance premiums as well as rises

Customers are continuing to report that changes to their premiums may be unfair, despite a fall in insurance pricing complaints overall.

The Independent UK · Jul 19, 2022

Thousands of inquiries to service helping older people access vital insurance

An 86-year-old man who has been driving for more than 60 years and a couple planning a United States trip have been helped to find cover.

The Independent UK · Apr 22, 2022

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UK woman told to pay extra home insurance to host Ukrainian family

John Lewis demanded extra £41.74 despite industry’s promise hosts will not be penalised

The Guardian - UK · Apr 5, 2022

‘Four in 10 people not confident using numbers in their everyday lives’

One in five people would avoid jobs that involve using numbers often, according to research published by the Association of British Insurers.

The Independent UK · Feb 22, 2022

In Pictures: Damage assessed as Storm Eunice clean-up begins

The Association of British Insurers warned previous similar storms have cost around £360 million in repairs.

The Independent UK · Feb 19, 2022

Repair and supply issues putting pressure on price of motor insurance, says ABI

Insurers appreciate that many households are facing a cost-of-living squeeze, the Association of British Insurers said.

The Independent UK · Feb 5, 2022

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