Association of British Insurers (ABI)
FCA strips back insurance rulebook
The Financial Conduct Authority has kicked off the British Insurance Brokers’ Association’s 2025 conference by outlining plans to ditch what it deems “outdated and duplicated requirements” from its insurance rulebook.
Colm Holmes, Allianz UK
Colm Holmes joined Allianz in December 2021 and is a man with a mission: to make his business the number one insurer in the UK.
Tara Foley, Axa
Tara Foley was appointed CEO of Axa UK & Ireland in September 2023 and used her first full year in the top job to ensure the sector continues to become more diverse and inclusive, plus she pushed for the UK government to increase the country’s resilience…
Ken Norgrove, RSA
Ken Norgrove has more than 35 years’ experience in the insurance industry and a history with RSA that dates back to 1986, but it is how he is shaping the business today that earned him fourth place on Insurance Post’s 2025 Power List.
Quarterly weather damage claims payouts hit record £200m
In the first quarter of this year, claims for weather-related damage to people’s homes and possessions topped £200m for the first time ever, according to data from the Association of British Insurers.
Regulator consulting on ‘complete rewrite’ of climate expectations
The Prudential Regulation Authority has released a consultation paper setting out proposals on updated supervisory expectations for banks and insurers aimed at helping them “manage the effects of climate change”.
ABI appoints Baroness Swinburne as chair
The Association of British Insurers has appointed Baroness Kay Swinburne as its new independent chair.
What the future holds for multi-storey property insurance
One year on from the launch of the Fire Safety Reinsurance Facility, Scott McGee examines if it has improved access to cover and if efforts to remove cladding are enough to reduce the price of buildings insurance on a long-term basis.
Treasury brands Civil Liability Act a success
HM Treasury has patted itself on the back for the impact of the Civil Liability Act 2018, claiming policyholders pay lower insurance premiums thanks to the legislation.
Penny Black’s Social Diary: ABIenders and City elections
Penny Black is back, sharing the tittle-tattle she overheard at insurance industry events, reviewing the quality of buffets at conferences, and giving a thumbs up – or down – to the sector’s social media posts.
Lessons from the LA wildfires for the UK’s flood resilience
As the scale of losses from the Los Angeles wildfires becomes clear, Marcel Le Gouais examines if insurers are ready for a climate change-induced ‘new normal’ plus how the sector needs to step up efforts to improve policyholders' risk resilience.
FCA unveils new strategy to ‘support growth’
The Financial Conduct Authority has launched a new five-year strategy that the regulator’s chiefs claimed will “deepen trust, rebalance risk, support growth and improve lives”.
Heathrow blaze sees insurers brace for claims
A fire at a substation near Heathrow airport this morning (21 March) has left more than 1000 flights cancelled, meaning insurers are prepping for an influx of claims.
Penny Black’s Social Diary: Kennedys’ commute and ABI’s sandwiches
Penny Black is back, sharing the tittle-tattle she overheard at insurance industry events, reviewing the quality of buffets at conferences and giving a thumbs up – or down – to the sector’s social media posts.
ABI Fire Safety Reinsurance Facility’s impact revealed
One year on from the launch of its Fire Safety Reinsurance Facility, the Association of British Insurers has provided an update on its impact.
Axa calls for EV battery health certificates
Axa has published a report calling for the introduction of EV battery health certificates, arguing it could stimulate the UK’s used EV market by quantifying battery health and making vehicles easier to price for sale.
Throwback Thursday: IPT increase; Miller’s cable cars
Insurance Post’s Throwback Thursday steps back in time to March 1998 to remind you what was going on this week in insurance history when chancellor Gordon Brown hiked insurance premium tax and Miller was connecting the East End.
Confronting the challenges in our EV evolution
Trade Voice: Jonathan Fong, manager of general insurance policy at the Association of British Insurers, sets out the challenges the UK faces around increased adoption of electric vehicles.
ABI adviser calls current climate ‘difficult time’ for DEI work
Association of British Insurers senior policy adviser for diversity, equity and inclusion Liisa Antola has said it is a “difficult time” to work in DEI.
Diary of an Insurer: Allianz’s Alex Ktenidis
Alex Ktenidis, director of digital trading and ALP at Allianz UK, doesn't need an alarm clock with a five-month-old daughter ready, willing and able to wake him up to refine the provider's digital service and consider ways to embrace generative…
Access to affordable insurance cover
Mark Shepherd, head of general insurance for the Association of British Insurers, Ken Norgrove, deputy chair of the ABI and CEO of RSA UK&I, and Laura Evans, chief actuary of Flood Re, explain how insurers are tackling the challenges associated with both…