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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...The scheme, which was due to expire in 2026, allows a company to immediately deduct all of its spending on IT equipment, plant or machinery from taxable profits....
...Under Hunt’s proposals, the fund would take on an additional role as a consolidator of smaller DB schemes attached to healthy companies....
...“Ajit is the person that is by far the most trusted . . . He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...If that was the launch pad? Jesus wept.” Most Conservative MPs welcomed the cut in national insurance rate from 10p to 8p, which repeated a 2p cut in the Autumn Statement....
...An Ipsos poll published this week found Tory support had fallen to a record low of 20 per cent, the worst rating for the party since the company began its poll in 1978, suggesting a potential Labour landslide...
...On Monday, an Ipsos poll for the Evening Standard put support for the party at a record low of just 20 per cent, the lowest level since the company began its tracker poll in 1978....
...George ParkerWell, the thing about national insurance — and Stephen was alluding to this — is it’s a tax which voters don’t really understand that well....
...Suncorp chief executive Steve Johnston said the bank asset sale would allow the company to focus on insurance....
...Extending the windfall tax on oil and gas companies, another Labour policy, would raise more than £10bn over five years, according to the opposition party....
...companies....
...deposit insurance fund had to cover, from the bank failures last year....
...The chancellor would like to cut national insurance for workers by 2p — at a cost of £10bn....
...The chancellor could still cut national insurance or income tax rates by 1p and fund other projects, such as a “Brit Isa” intended to boost investment in UK companies....
...Labour leader Sir Keir Starmer said: “At the end of the Budget, the chancellor made a staggering £46bn unfunded commitment to abolish national insurance.”...
...We should be talking about the fact we’ve cut national insurance twice.”...
...II insurance regime....
...The timing of the national insurance cuts — benefiting 27mn working people — prompted speculation the government wants to leave open the option of a spring general election if its dire opinion poll ratings...
...The party will also pledge to clamp down on water companies polluting the sea, rivers and lakes by expanding the powers of industry regulator Ofwat....
...Galicia will acquire the entire HSBC Argentina business, including banking, asset management and insurance, HSBC said....
...Senior insurance industry figures said the sector had pushed to ease trading between the two countries’ specialist insurance markets, where big assets such as planes and pipelines are insured by a range...
...Lucy Fisher Also here are Political Fix regular George Parker. Hi, George. George Parker Hi there, Lucy. Lucy Fisher And the FT’s economics commentator, Chris Giles. Hi, Chris....
...He would have quite happily nationalised your jacket or the company that made the coffee next to you, George, whereas one thing we’ve learned about Starmer is that he’s very, very pragmatic....
...Sunak’s wife, Akshata Murty, has shares in the company worth an estimated £625mn....
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