Tax
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.
Deficit will be cut through ‘reduced spending not increased taxes’
In her speech to mark the state opening of Parliament, the Queen has said that “dealing with the deficit and continuing to ensure the economic recovery is the most urgent issue facing Britain”.
FSB welcomes Con-Lib pact plans on CGT and personal tax
Business leaders have welcomed the agreement between the Conservative and Liberal Democrat parties to form the next Government.
CEA boss outlines concerns to Commission public hearing
The CEA, the European insurance and reinsurance federation, today reiterated its support for the EU’s new Solvency II regulatory regime but called for more work to be done on the Level 2 measures that will put the flesh on the bones of the Framework…
CCV boss hails its M&A model as election uncertainty looms
Cullum Capital Ventures has acquired the general insurance portfolio of DTE Risk & Financial Management.
Thinktank questions IMF
Insurance thinktank, The Geneva Association, has issued a letter to the Central Bank Governors of the G20 in which it claims the financial stability tax proposal of the International Monetary Fund fails to adequately address the distinct nature of the…
Two thirds of businesses "concerned" over prospect of hung parliament
Nearly two thirds of businesses (65%) are “concerned” or “very concerned” about the potential impact of a hung parliament, according to the British Chambers of Commerce’s latest monthly business survey.
Tories vow we will create "most competitive tax system in the G20"
The Conservative Party today outlined its ambition is to create the most competitive tax system in the G20 within five years.
Conservatives outline plans to stop Labour 'killing off' the recovery
The Conservative Party today reiterated its view that Labour’s plan for anyone earning over £20 000 to pay more tax - and employers more on all jobs paid over £5700 - will hit small businesses especially hard, and kill off the recovery.
Reinsurers face tough times in soft market – AM Best
AM Best’s global financial review of reinsurance notes US taxation and underwriting discipline amongst the major challenges to be faced by reinsurers