Discount rate: Are insurers being too optimistic?
On 19 March, the Lord Chancellor and Justice Secretary, David Gauke MP, launched a widely-anticipated review of the discount rate, as part of the Civil Liability Act 2018.
Mark Burton, partner at
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More on Regulation
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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