Flooding, fraud and asbestos: ABI outlines 2012 priorities

Otto Thoresen

The Association of British Insurers has outlined the key priorities for 2012 to reduce insurance costs including seeking a free market flood model and dealing effectively with asbestos claims.

Other topics highlighted included fraud, the rising cost of motor insurance, risk pricing and regulation.

In a presentation at Lloyd's this afternoon, director general Otto Thoresen called asbestos a

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