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UK politics
Jeremy Hunt targets further 2p cut in national insurance
...The Tories are eager to build on cuts in national insurance in two successive Budget rounds as they seek to address the rising overall tax burden....
April 19, 2024
Insurance
Aon chief calls for better models for ‘stressed’ property insurance market
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
April 7, 2024
Lloyd's of London Ltd
Lloyd’s of London attracts biggest ‘Names’ syndicate since 1990s
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
March 28, 2024
War in Ukraine
Russian ‘dark fleet’ lacks disaster insurance, leaks suggest
...The Russian dark fleet’s insurance arrangements with Ingosstrakh potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill....
March 15, 2024
Apollo Global Management LLC
Apollo sells stake in asset-backed lending unit to insurer MassMutual
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
April 24, 2024
UK insurance industry
MS Amlin sets growth plan after underwriting turnaround
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
March 12, 2024
Banking & Savings
Latest National Savings & Investments rates
...Are you getting the best deal on your savings? Check the latest interest rates on National Savings & Investments accounts. See our coverage of the latest savings and investment issues....
April 19, 2024
Climate change
EU regulator urges action on climate threat to insurance
...Continental European commercial property insurance prices rose at the start of the year for the 22nd consecutive quarter, according to an index from broker Marsh....
April 22, 2024
The FT ViewThe editorial board
The painful rise in home insurance costs
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
April 1, 2024
UK insurance industry
UK car insurance prices fall for first time in two years
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
April 18, 2024
Budget 2024: As it happened
In summary: Jeremy Hunt delivers national insurance cut and more
...A 2p cut to national insurance was the main talking point coming into Jeremy Hunt’s Budget speech. He duly delivered that, saying it was a move that would “grow our economy by rewarding work”....
March 6, 2024
Budget 2024: As it happened
Hunt confirms much-trailed 2p national insurance cut
...Jeremy Hunt has confirmed the much-trailed 2p cut to employee national insurance contributions, from April 6. That means £450 a year for the average employee....
March 6, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Jeremy Hunt hints at combination of income tax and national insurance
...Chancellor Jeremy Hunt said there were alternatives to a future abolition of national insurance, including combining it with income tax, a day after he announced a further 2p cut to the rate of NI in his...
March 7, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...Second, although national security officials want stricter controls around how companies choose vendors and suppliers, this type of state interference tends to be anathema to the C-suite, who have, after...
April 18, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
March 28, 2024
Personal Finance
What the Budget means for your money
...He confirmed the heavily trailed 2p cut in national insurance contributions, a shake-up of the “non-dom” tax regime and the creation of a “British Isa” to encourage investment in UK-listed companies....
March 6, 2024
Insurance
Scrapping the spreadsheet: start-ups take aim at an old insurance addiction
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
April 7, 2024
National Health Service
NHS strains set to drive private health insurance growth
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
January 12, 2024
Insurance
Auto-insurance costs rear their ugly head yet again
...National General implemented rate increases at 10% in 2022 and an additional 12.8% in 2023....
February 13, 2024
Special ReportFuture of Water
US housing market belatedly wakes up to flood risk
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
March 22, 2024
UK government spending
IMF urges UK to curb rising debt
...He has vowed to go further if the Tories win the general election expected this year by eventually scrapping national insurance contributions....
April 17, 2024
UK tax
Jeremy Hunt says ambition to scrap national insurance could take ‘many parliaments’
...Chancellor Jeremy Hunt has said it could take “many parliaments” to realise his ambition to get rid of national insurance contributions, as the government fends off accusations from Labour that the project...
March 13, 2024
FT Money personal finance guides
Need to Know: Navigating changes to UK tax in 2024
...How far do cuts to national insurance go? From January 6, employed basic-rate taxpayers will pay 10 per cent, instead of 12 per cent national insurance....
January 5, 2024
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
Spire Healthcare boosted by NHS waiting lists and medical insurance growth
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
February 29, 2024
UK insurance industry
UK insurers urge public-private schemes to deploy £100bn green investment
...national government....
February 19, 2024

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