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ABI

uncategorised

Anti-compulsion voices "defeatist" - PruProtect

PruProtect has called critics of its desire for protection to be made compulsory as being "defeatist" and argued that the need is "very clear".

clock 13 September 2011 • 2 min read

uncategorised

PruProtect calls for protection to be compulsory

PruProtect has called for protection insurance to be made compulsory and said it is already seeing signs of advisers switching to protection to anticipate the Retail Distribution Review (RDR).

clock 05 September 2011 • 1 min read

Critical Illness

Insurers want to pay claims: Five reasons why 90% of CI claims are paid

The Association of British Insurers (ABI) this week revealed that nine in every ten claims made under a critical illness (CI) policy in 2010 was paid by the insurer.

clock 31 August 2011 • 3 min read

Critical Illness

Insurers paid £2bn in life and CI claims in 2010

Critical illness (CI) and life insurance claims payments reached almost £2bn last year, according to figures published by the Association of British Insurers (ABI).

clock 30 August 2011 • 2 min read

Service

Insurers' tax contribution greater than entire Home Office budget

The insurance industry made a total contribution of £10.4bn to the Exchequer, a report from the Association of British Insurers (ABI) and PWC has revealed.

clock 23 August 2011 • 2 min read

Service

ABI to fund police fraud unit

An insurance fraud police unit is to be set-up, paid for through a police-private sector partnership.

clock 12 July 2011 • 2 min read

Group Protection

Group Critical Illness: Squeezing the best out of a tight market

Businesses are seeing budgets stretched in many ways, but, as Owain Thomas found, advisers who are creative with solutions could produce a windfall for themselves in the group critical illness market

clock 08 July 2011 • 7 min read

uncategorised

Simple products should need no advice - HMT

HM Treasury (HMT) is suggesting simplified financial products should be defined as sellable without advice.

clock 07 July 2011 • 1 min read

Long Term Care

Middle classes face £35k bill for old age care

The middle classes should pay the first £35,000 of their old age care and be encouraged to take out insurance to cover costs, according to reports.

clock 27 June 2011 • 2 min read

Long Term Care

ABI and SOLLA warn of impending LTC catastrophe

Failure to act on the Dilnot Commission would be 'catastrophic', according to the ABI, Society for Later Life Advisers (SOLLA) and other bodies in the long term care (LTC) sector.

clock 27 June 2011 • 2 min read
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