Ogden rate, large losses and claims inflation knock Allianz UK COR in Q3
While the operating profit was up by £14.2m in the three months to the end of September, Allianz UK CEO Jon Dye, pictured, described the combination of the Ogden rate change which the provider booked
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More on Claims
ABI: Insurance premium tax penalises people and costs businesses & public bodies too much
New report with @SMFthinktank : poorest 50% of households paid an extra half a billion pounds in insurance premium tax in 1yr. IPT penalises people and costs businesses & public bodies too much. We urge @hmtreasury to #cutinsurancetax because #IPTsunfair https://t.co/GfoNZAkS5k pic.twitter.com/H13avt6Bm0
— ABI (@BritishInsurers) February 28, 2020
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