Insurance Premium Tax (IPT)
Post Europe: Dutch moves on IPT reflect European trend
While the legal requirement for insurers in Europe to have fiscal representation seems to be on the decline, Mike Stalley explains why the need for their presence could be great than ever.
Average comprehensive car insurance prices rise nearly 40% in a year
Results of the annual and fourth quarter 2010 Confused and EMB car insurance price index has shown that consumers are paying an average of nearly £200 more for comprehensive car insurance than at this time last year.
Biba sets out plan to reduce motor insurance costs
The British Insurance Brokers’ Association has called on the government to implement an eight point plan to reduce the spiralling cost of motor insurance.
Ecclesiastical offers VAT break to churches
Ecclesiastical has proposed increasing sums insured for all church buildings used for worship to reflect the new level of VAT without any charge.
Post Europe January: Exclusive major risk and IPT online content now live
Post Europe December is now live with a look at changes to the insurance premium tax rates across Europe, details of major losses in the Mediterranean regions last year and a review of how the Nordic region is dealing with corporate risks.
Post Europe: Insurance Premium Tax changes
2011 brings with it many changes to insurance premium tax across Europe and a big headache for insurers operating locally in different countries or across multiple European territories. Edward Murray explains why it is key for insurers to be on top of…
Insurance Premium Tax changes
2011 brings with it many changes to insurance premium tax across Europe and a big headache for insurers operating locally in different countries or across multiple European territories. Edward Murray explains why it is key for insurers to be on top of…
Travel IPT hits record levels
Peter Hayman, director at P J Hayman & Company, has called for the standardisation of tax across all forms of insurance in the wake of the rises in VAT and Insurance Premium Tax.
Health insurance - review of the year: Care crisis or opportunity?
The past 12 months have been tough for health insurance, with a record contraction in policy numbers. Amy Ellis examines recent market developments and asks whether 2011 will be brighter.
IPT an "under-exploited" revenue source claims tax expert
A sharp increase in the number of insurance premium tax rate rises announced this year proves that governments are focusing more on this tax as a way of repairing public finances, according to insurance tax compliance specialists Fiscal Reps.
EU retreat on insurance VAT exemption reform
The European Union has announced that it is unlikely to push forward with the reform and simplification of the VAT exemption on insurance and the wider financial services industry.
Travel insurance premiums start to rise - as predicted
Peter Hayman, director of travel insurance specialists P J Hayman, has commented on the announcement that Axa is to increase its insurance premiums.
Treasury rejects ABI call for IPT concession
The Treasury has rejected a plea by the Association of British Insurers for a concessionary period when the implementation of the new insurance premium tax rate rises come into effect next year.
Liiba selects worldwide insurance tax calculation tool for brokers
The London and International Insurance Brokers’ Association is teaming up with a leading service company to help its members calculate tax payable on insurance policies around the world on a territory-by-territory basis.
Household - pricing pressures: Put your house in order
Household insurance is entering a make or break phase and brokers and insurers need to be disciplined, yet flexible, to remain competitive, says Craig Allen.
Editor's comment: Breaking up: hard to do?
Last week's British Insurance Summit certainly stirred up some lively debate within the walls of the conference facility, as well as in the blogosphere and on social networking sites.
Travel premiums set for "unthinkable" increase of over 20%, claims broker
Insurers are forcing through "previoulsy unthinkable" rate increases of over 20% in the travel insurance market, it has been claimed.
Deloitte warns insurers ahead of IPT changes
Accountancy firm Deloitte has warned insurers to prepare for the incoming IPT changes, due to be implemented in four months time.
Broker focus - Premium liability: That boat has sailed
With the publication of Issues Paper Eight in July, the Law Commission set about addressing an anomaly that applies to marine insurance, which makes brokers responsible for paying their clients' premiums to underwriters. Rachel Gordon explains why it…
Health insurance - IPT rise: A bitter pill
With the failure of the industry's efforts to persuade the Treasury to freeze, or indeed lower, insurance premium tax on private medical insurance, Veronica Cowan looks at what it would take to lobby more effectively.
View from the top: Discretion is dangerous
With the dust settling on the emergency budget, individuals and businesses are working out what this means for them.
British Insurance Awards 2010: Triumph over adversity
As we all know, insurance exists to help individuals and businesses prepare for life's uncertainties and cope with the consequences. Quite literally, it comes to the rescue. And the past 12 months have been no exception.
Post in print - 1 July 2010
Post reporter Amy Ellis provides a 60-second round-up of the major news headlines from tomorrow's issue of Post.
No grace period on IPT
London market insurers and brokers have been told they will not be given the same grace period as when faced with the last hike in insurance premium tax.