Tax
Novae: UK corporation tax may force us to redomicile
Novae chief executive Matthew Fosh has said the UK’s economic landscape is set to force the insurer to redomicile, so it can remain competitive and yield bigger returns for shareholders.
EC plans to standardise tax
The European Council’s proposals to standardise taxes across member states could mean fewer insurance companies look to redomicile to countries such as Ireland.
Tax on the City of London a step closer
A new tax on the City of London, controlled by the EU, has come a step closer after Labour MEPs backed a European Parliament call for an EU Financial Transaction Tax, Vicky Ford MEP, Conservative economics spokesman, warned today.
Novae considers move abroad
Novae Group's underlying profit before tax has improved 105% year-on-year to £36.2m (2009: £17.7m).
Interview - Gregorio Santos: A new UK journey for Mapfre
With the purchase of Insure and Go, Mapfre entered the UK direct market in a blaze. Leigh Jackson talks to its UK chief executive Gregorio Santos about his plans to grow the business on these shores.
Firm issues capital allowance advice
Insurance brokers’ clients with commercial properties could be missing out on millions of pounds in capital allowances, according to Portal Tax Claims.
Post Europe: Guernsey’s independence
Guernsey recently made it quite clear it would not be seeking equivalence under Solvency II. Dominic Wheatley examines why the authorities there felt the need to make this declaration and what it means for insurers and captives there.
Editor's comment: Never mind the setbacks
"There's unlimited supply. And there is no reason why". No, I'm not talking about the overcapacity in the UK motor market, but the opening lines to EMI by the Sex Pistols.
Public sector cuts: Risk management savings - a false economy?
The squeeze on public sector spending is about to get tighter. Jakki May examines the ways in which its employees, brokers and underwriters need to get the best out of insurance, without compromising quality.
Post Europe: Captives in Europe: A certain value in an uncertain environment
Businesses and insurers face times of change and uncertainty but as Frederick Gabriel explains captives’ core values and advantages remain the same.
Taxation - IPT changes: A taxing issue across Europe
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 crucial for insurers to stay on top…
Legal update: Whiplash claims: A pain in the neck
With whiplash costs on the rise, despite safer driving conditions, Steve Caffrey questions the role of claims management firms in commoditising claimants.
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…
EP rejects tax harmonisation plea
The European Parliament has narrowly rejected an amendment calling for tax harmonisation in the European Union.
EP rejects tax harmonisation plea
The European Parliament has narrowly rejected an amendment calling for tax harmonisation in the European Union.
French insurance industry outlook remains negative
A new report by Moody's Investors Service has said that the outlook for the French insurance industry remains negative, primarily driven by ongoing pressures on profitability in both the non-life and life segments.
Aviva launches salary sacrifice car scheme policy
Aviva is launching a bespoke insurance policy for businesses that operate an employee salary sacrifice car scheme.
EC launches VAT consultation
The European Commission has launched a public consultation on how the EU’s value added tax system can be strengthened and improved, to the benefit citizens, businesses and member states.
EC launches VAT consultation
The European Commission has launched a public consultation on how the EU’s value added tax system can be strengthened and improved, to the benefit citizens, businesses and member states.
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.
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.
Ex-Irish PM slams tax rise demands
A former Irish Prime Minister has said that forcing Ireland to raise corporation tax from 12.5% would have been "counter-intuitive" of countries involved in bailing out the troubled economy.