PMI

Leading figures in the insurance industry have described the increase to Insurance Premium Tax (IPT) set out in today's Budget as ‘disappointing news.'

In the days prior to Budget 2016, there was a flurry of reports from Westminster insiders and insurance experts that insurance premium tax (IPT) would hit 12.5% writes Fiona Murphy.

Chancellor George Osborne has announced that insurance premium tax (IPT) will increase by 0.5% to a rate of 10%.

Spire Healthcare Group has announced that chief executive Rob Roger is leaving Spire to take up a role as CEO of a large privately financed property business.

Insurance Premium Tax (IPT) may increase to 12.5% in Wednesday's Budget according to sources from Westminster and the insurance industry.

Bupa and The Society for Cardiothoracic Surgery (SCTS) have launched a website designed to give peace of mind to people going through heart surgery.

Aviva UK and Ireland's profits increased by 37% to £1,432 million due to its acquisition of Friends Life during 2015, its full year results for 2015 have shown.

Revenues from independent health providers stepping into bridge gaps in the NHS have grown by 5% over the past year, according to the latest figures from LaingBuisson.

AXA PPP healthcare has opened a new telephone based sales centre to help intermediaries grow their private medical insurance businesses.

Private medical insurance consolidator Chase Templeton has completed its fourth acquisition of 2016 with the purchase of Manchester's Wellbeing Health Insurance Ltd.