Insurers pledge Brexit dividend won’t go to shareholders
At a Treasury Select Committee hearing this week, spokespeople from the Association of British Insurers, Aviva and Admiral said none of the extra available capital from the end of Solvency II will be given to shareholders as dividends.
Back in October 2022, Chancellor Jeremy Hunt’s first Autumn Statement delivered the tax hikes and spending cuts that were widely expected, as well as the European Union’s Solvency II overhaul that
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