Personal

Budget 2005: ABI response

Peter Vipond, Association of British Insurers' director of financial regulation and taxation said: “The Government is right to freeze Insurance Premium Tax. This is entirely justified by the fact that the Government took £2.4bn for the current tax year,…

Hiscox announces US office plan as profit dips

Hiscox is looking to open a retail office in the USA. The announcement came as it reported an operating profit of £86.3m, after £70m impact of 2004 hurricane season. The group’s pre-tax profit and premium income both fell to £77.0m (2003: £83.4 million)…

Fortis sees UK profits up 16%

Fortis Insurance in the UK reports a year of further growth and increased profits. Gross written premiums (GWP) were up overall by 5% at £574m (2003 £546m). Profit before tax showed an increase of 16% at £46.1m (2003 GBP 39.9 million). The combined ratio…

ACLP flags up Road Transport Directive for brokers

Allianz Cornhill Legal Protection is asking brokers to alert their customers that they could face prosecution if they fail to comply with the provisions of the Road Transport (Working Time) Directive, which becomes law on 23 March.

Appointment at Misys

The Misys Countrywide network has made Pauline Palmer and Caroline Wilson business consultants. Ms P...

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