ABI

The Association of British Insurers, the British Bankers' Association and the Building Societies Association have announced the ‘simple product' framework has been approved by the Trading Standards Institute (TSI).

Huw Evans will succeed Otto Thoresen as director general of the Association of British Insurers (ABI) in February 2015.

Legal & General (L&G) has responded to the call from the ABI for protection to have a greater role in reducing the state's welfare burden.

Standard Life's Barry O'Dwyer has been confirmed in his appointment as chairman of the long-term savings and life insurance committee (LTSLIC).

Protection insurance is a viable way of cutting the government's cost of welfare, the Association of British Insurers (ABI) has said.

There is increasing pressure for the government to reform the welfare system with a key role for income protection (IP) in helping families develop a safety net, the Association of British Insurers (ABI) has said.

As the ABI examines publishing claim statistics on short-term income protection (STIP) policies, British Friendly's Mark Myers says we need greater clarity on these plans.

Insurers paid out around £8m to policyholders claiming on protection policies and £7m to private medical insurance customers receiving treatment during 2013 each day, the ABI has revealed.

L&G has launched a new online body tool to help consumers understand critical illness (CI) definitions alongside its latest changes to definitions.

Trade body calls on insurance sector to work together.