News
Budget 2023: IE Predictions and Some Ideas From The ABI
It’s nearly time for the Budget, so let’s take a guess on a few things; IPT up to 20% on all non electric cars. Roll out of powers to Councils to tax all vehicles on […]
rises
Global insurance trends
Will Insurance Brands Have to Pay Higher Salaries in 2023?
As inflation continues, the answer is yes, but how much? Here are some insights from UK-based pay and reward consultancy 3R Strategy who have released their Global Salary Planning Report 2022. Exploring various aspects of salary […]
Motor Insurance
Motor Premiums Up By 17% Says Consumer Intelligence
The average cost of the most competitive motor insurance deals has increased 17.4% in the past year, says the latest Consumer Intelligence survey. Price rises in car insurance are outstripping inflation for the economy as […]
News
ABI Makes Last Ditch Plea on Insurance Premium Tax
The Association of British Insurers (ABI) is urging the Chancellor to freeze the rate of Insurance Premium Tax (IPT) in the Autumn Statement on 17th November. As hard-pressed families, businesses and charities battle the rising […]
News
Cost of Living Rise: AIG Life Keen To Help
UK life insurer AIG Life Limited has unveiled changes that allow customers struggling with the cost of living to temporarily reduce protection insurance premiums. AIG introduced the flexible policy option early in the pandemic to […]
News
Budget 2018: ABI Urges Freeze on £6bn Insurance Premium Tax
The Government is being urged to freeze Insurance Premium Tax (IPT) at the forthcoming Budget, after HMRC figures revealed that taxpayers are now paying record amounts of the tax. Official tax receipts for August show IPT […]
News
Budget 2018: Ecclesiastical Calls for Charity Exemption on IPT
Ahead of the Budget, specialist insurer Ecclesiastical has joined forces with Charity Finance Group (CFG) to urge the Chancellor to make charities exempt from paying Insurance Premium Tax (IPT). Ecclesiastical – insurer of more than 45,000 […]
Insurance Regulation
Analysis: Are Motor Insurance Premiums Rising or Falling?
Insurance-Edge.Net thought we would analyse the data and opinion, to try and nail down why motor insurance premiums are rising rapidly. Yesterday we ran a story on van insurance, which identified fraud, increasing van deliveries […]