General Insurance Article - Ageas responds to the ABI proposal for customer clarity


 Responding to the ABI General Insurance Committee on its renewal pricing proposal, Andy Watson, CEO of Ageas UK said:

 “Ageas is supportive of the ABI proposals to ensure pricing is clear for customers. We agree that documentation should be transparent on pricing and discounts applied so that customers are able to understand annual changes in their premiums. However, as a market we must move as one and at the same time in order to achieve real customer benefit and this proposal highlights the need for insurers, brokers and other suppliers to work together to implement any change."

Back to Index


Similar News to this Story

Global commercial insurance rates fall 5% in Q1 2026
According to the latest Global Insurance Market Index (GIMI) released by Marsh global commercial insurance rates fell, on average, by 5% in the first
FCA and PRA changes to senior managers accountability
Firms will benefit from reduced costs and greater flexibility, and find it easier to comply with the Senior Managers and Certification Regime (SM&CR),
Soaring global cargo theft by sophisticated criminal tactics
Trucks account for ~70% of all incidents globally. US rail theft jumped from 4% to 10% of incidents in a single year. Sea piracy hit its highest level

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.