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Director general Huw Evans said some £900mn would go to businesses and £275mn to travel insurance.
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Iconic billboards will go blank briefly at 21:00 on Wednesday to focus on the issue of coronavirus-related insurance claims. -
The measure is supported by over 30 companies and trade organisations from across different sectors.
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At least 20 states in the US have so far moved to limit the liability of care home operators.
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The Financial Conduct Authority began seeking submissions from intermediaries last week.
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The ABI’s £1bn Pool Re land-grab and the "anti-Pria" dramatise the industry's Covid-19 challenges.
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Umbrella covers and commercial property "hardening at fastest pace since 9/11”.
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The case follows lawsuits lodged earlier this month against Travelers by the firm.
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The findings come as P&C carriers attempt to quantify the likely cost of coronavirus.
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The risk management body said there needed to be better co-ordination between national governments and backstop pools.
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Following a recent court ruling ordering the payment of BI losses for a restaurateur, Axa will now pay others with similar wordings.
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Law firm Edwin Coe rallies more policyholders seeking claims for BI losses.
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