Tax
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.
Neal bill opponents respond to “inaccurate and misleading” Berkley statements
A coalition of trade experts, consumer advocates, insurance industry leaders and state officials have protested “inaccurate and misleading” statements made by William Berkley, of WR Berkley, most recently, regarding an online video opposing controversial…
CEA calls on G20 to distinguish between insurers and banks
The CEA, the European insurance and reinsurance federation, has today called on the G20 to take full account of the specific characteristics of insurance when designing regulatory initiatives to respond to the global financial crisis.
BUDGET 2010: Healix predicts IPT related PMI premium hike
Healthcare trust specialist Healix has predicted an increase in private medical insurance on the back of the 1% rise in insurance premium tax announced in yesterday’s emergency budget.
BUDGET 2010: Insure and Go founder criticises “punishing” IPT tax rise
Insure and Go founder Perry Wilson has criticised Chancellor George Osborne’s decision to increase insurance premium tax.
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.
Editor's comment: Travel's IPT headache
It has certainly been a busy few weeks for the chancellor George Osborne.
BUDGET 2010: Osborne pledges to consult on CFC rules
Chancellor George Osborne has announced plans to launch a consultation into the reform of Controlled Foreign Company rules this summer.
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: 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.
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.
Cloud computing: Clouds on the horizon
Cloud computing has become the latest idea to catch the eye in commercial computing. Sam Barrett reports why the insurance industry is carefully assessing the advantages and potential pitfalls.
PMI providers weigh into IPT debate
Any rise in insurance premium tax will severely hit an NHS already under pressure, according to the Association of Medical Insurance Intermediaries.
Postbox: A Budget tax warning
With the new coalition government currently reviewing spending and revenue, many forecasters believe that the 5% tax rate on general insurance will be at least doubled in the emergency Budget due on 22 June.
Zurich mulls redomiciling European business to Dublin
Zurich is looking to create a single headquarters in Dublin for its European life assurance business, according to reports.
Zurich mulls redomiciling European business to Dublin
Zurich is looking to create a single headquarters in Dublin for its European life assurance business, according to reports.
Biba calls for IPT freeze
The British Insurance Brokers’ Association is urging the government not to increase the 5% rate of insurance premium tax on insurance products in its Budget on 22 June.
ABI chair calls on government to put words into action over tax reform
The outgoing chairman of the Association of British Insurers Archie Kane, has launched an attack on European law makers for not differentiating between insurance and other financial services.
ABI chair calls on government to put words into action over tax reform
The outgoing chairman of the Association of British Insurers Archie Kane, has launched an attack on European law makers for not differentiating between insurance and other financial services.
Bermuda: Will the sun set on the island?
Could tax increases on Bermuda lead to increased reinsurer defection? Tim Evershed investigates.
Simply Biz appoints MDs
Simply Biz PLC has made Matt Timmins & Neil Stevens Joint managing directors of the Simply Biz Group.