Politics

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.

Passion is important

Passion and politics are just as important as technical skills when it comes to securing today's top risk management roles.

Editor's comment: Brit offer makes waves

Last week, Brit Insurance certainly made waves on the Stock Exchange when its share price rocketed on news that US private equity house Apollo was sniffing around the business and had made a £10 per share cash offer.

Tory Lord to consider PI ad ban

The Conservative Lord appointed to lead a review to put the “commonsense back into health and safety” rules has said he will look at banning personal injury firms from advertising their services.

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.

Marsh forms international nuclear practice

Marsh said that in order to address growing concerns around climate change and energy security, it has formed a international nuclear practice, for all nuclear clients based outside the US and Canada.

Microinsurance: Up close

Microinsurance is set to grow exponentially over the next decade but what opportunities are there for reinsurers to become involved, asks Katherine Blackler.

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