Politics
IPT rise adds to NHS pressure
The Association of Medical Insurance Intermediaries has slammed the 1% rise in insurance premium tax from 5% to 6% in last week’s Budget claiming it puts the NHS under greater pressure.
Climate change - Governance: Running hot and cold
Risk managers have been gearing up for the impact of climate change, but one area of uncertainty remains. Lindene Patton takes a look at the political and regulatory factors.
ADR predicted to rise if Clarke shuts courts
Allianz has claimed government plans to cut the number of lower courts in England and Wales by almost a third could promote the use of alternative dispute resolution.
CII and Biba to highlight broker professionalism
The Chartered Insurance Institute and British Insurance Brokers' Association will join forces to demonstrate the "professionalism agenda" of broking to the coalition government.
Government budget cuts impacting UK, claims THB
THB group chief executive Frank Murphy has said that the sale of the majority of underwriting agency Unicorn and recessionary pressures accounted for the broker's UK business making a loss.
Credit hire stake sees Lord Young impartiality queried
The Cabinet Office has insisted Lord Young of Graffham remains the right person to lead an investigation into compensation culture in the UK, despite having a major shareholding in credit hire firm Accident Exchange.
Board director Pain to step down at FSA
The Financial Services Authority has announced that Jon Pain, managing director of supervision and an FSA board member, has become the latest senior member to announce his intention to leave the organisation in 2011.
Environment Agency appeals to business to support flood defences
The Environment Agency is calling for communities and businesses to contribute more towards the funding of future flood defences.
Keoghs praises H&S review
Law firm Keoghs has welcomed Lord Young's review of health and safety law.
Low insurance uptake in NI attributed to state handouts
Government handouts for tenants in social housing without contents insurance could account for the low insurance uptake rates in Northern Ireland.
Insurers seek to make up shortfall after hike in IPT
Insurers with policyholders paying by monthly instalments look set to be worst hit by the standard 1% hike in insurance premium tax, announced in Tuesday's budget.
View from the top: The new watchword
Efficiency has become the watchword of the new government, as it looks for savings to combat the UK's budget deficit. The same watchword could be applied to businesses. While the likelihood of a double dip recession has lessened, we are still at a…
Editor's comment: Travel's IPT headache
It has certainly been a busy few weeks for the chancellor George Osborne.
Regulatory reform will not hamper Solvency II
Financial Secretary to the Treasury Mark Hoban has denied suggestions the government's regulatory reform will hamper the UK's implementation of Solvency II.
BUDGET 2010: ABI: IPT rises “regrettable”
The Association of British Insurers has warned the government that the increase to Insurance Premium Tax outlined in today’s budget could have unintended consequences.
BUDGET 2010: PwC: Budget delivers some positives
Pricewaterhouse Coopers claims the emergency budget has delivered a number of positives for the insurance industry.
BUDGET 2010: FSB critical of Osborne NIC plans
The Federation of Small Businesses has expressed its concern at the Chancellor George Osborne’s failure to reverse the rises in Employer National Insurance Contributions.
BUDGET 2010: Chancellor reveals corporation tax cuts
Chancellor of the Exchequer George Osborne has pledged to cut corporation tax by one percent for the start of the next financial year.
BUDGET 2010: Biba "disappointed" by IPT hike
The British Insurance Brokers' Association has said it is concerned that consumers and businesses will be hit by increasing insurance costs.
BUDGET 2010: George Osborne: IPT to rise
Chancellor George Osborne has announced insurance premium tax is to rise in today's budget.
Aviva chair joins Cable's business advisory group
The members of the Business Advisory Group established last month have been confirmed. The group will act as an informal advisory board to the Secretary of State, Business, Innovation and Skills, Vince Cable.
Deregulation of health and safety legislation is going to be "challenging"
This is according to Garwyn, who has responded to Lord Young's announcement that he will be conducting a review of health and safety legislation to crack down on the compensation culture in the UK.
CBG issues IPT warning
CBG Group has warned that increasing the level of insurance premium tax is likely to deter customers from buying adequate cover.
IUA calls for "well informed" insurance regulator
The International Underwriting Association has called on the coalition government to ensure that there is a strong insurance prudential regulator as part of its shake-up of the financial services industry.