Spring Budget 2024: Hunt to say ‘lower tax means higher growth’ as he slashes NI March 5, 2024 Jeremy Hunt will today unveil a spring budget designed to reverse his party’s lagging polling numbers, headlined by a 2p cut to National Insurance.
Aercap collected £1bn in legal settlements over stranded Russian planes February 26, 2024 US-Irish aviation leasing giant Aercap has revealed that it has recovered just under $1.3bn (£1.02bn) in insurance settlements
Reinsurer Conduit Re sees underwriting business surge as clean balance sheet offers ‘tremendous freedom’ February 21, 2024 Pure-play insurance firm Conduit Re has reported a surge in business underwritten for 2023 and said its strong balance sheet offers "tremendous freedom".
Direct Line poaches another Aviva executive as new finance chief as turnaround continues April 10, 2024 Insurer Direct Line has appointed Aviva executive Jane Poole as its new chief financial officer as the firm looks to narrow its losses and cut costs.
Aviva and Lloyds among City firms to back National Wealth Fund investment drive July 22, 2024 The Investment Delivery Forum, founded by seven of the UK’s biggest insurance and long-term saving firms, has pledged to pump billions of pounds into Reeves’ new wealth fund.
Aviva picks up rival’s protection business in £460m deal September 25, 2023 Insurance giant Aviva has acquired AIG's UK protection business for just shy of half a billion pounds, the firm confirmed this morning.
Sunak reportedly tries to distance himself from £12bn National Insurance hike January 23, 2022 Rishi Sunak is reportedly trying to distance himself from a £12bn National Insurance hike due to be enforced in April, with the chancellor telling Tory MPs that it is the “Prime Minister’s tax”. Backbench Conservative MPs are rallying for the chancellor to scrap the tax rise, with many complaining that it will come as families [...]
Government wins vote on National Insurance hike September 8, 2021 The Prime Minister has won a vote to raise National Insurance for workers and employers to fund NHS and social care costs. The government won the vote by 319 to 248 votes after Boris Johnson said the 1.25 percentage point increase would raise £12bn a year. Opposition MPs criticised the government for breaking a manifesto [...]
Square Mile and Me: Admiral CFO Geraint Jones on heading up the FTSE 100’s only Welsh company March 28, 2024 Geraint Jones, chief financial officer at Admiral Group, takes a trip down memory lane to tell us about his career, from exercise tech to insurance.
Life insurance giant Phoenix Group announces record £1.5bn intake for financial year March 14, 2022 One of the largest providers of life insurance in the UK, the Phoenix Group, has announced record financial results for 2021, taking in £1.7bn. The firm surpassed its target of £1.5bn in the last 12 months, with its board announcing a new policy dividend increase of three per cent. Phoenix had a strong performance in [...]