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Jeremy Hunt cut national insurance for 27 million workers as he delivered an autumn statement that he claimed would bring tens of thousands more people into work.. The Chancellor said the two ...
The first basic categorisation of long-term insurance is between life and non-life business. Life insurance business is insurance that is contingent on human life. Examples would include a policy that pays out £100,000 if the policy holder dies within a specified time; a policy that pays out £100,000 in 10 years time, but will pay out £101,000 if the policy holder dies before the policy ...
General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance in the United States and Canada and non-life insurance in Continental Europe. In the United Kingdom, insurance is broadly divided into three areas: personal lines, commercial lines and London market.
The UK insurance industry is the largest in Europe and the third largest in the world. In 2014, there was a "shock" announcement that Legal & General was leaving as one of ABI's around 300 corporate members, due to the ABI's "decision to transfer its investment business to the Investment Management Association."
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UIA Mutual was a mutual insurance company in the United Kingdom, providing general insurance products to members of the trade union movement and other not-for-profit organisations. It was a member of the Association of British Insurers , authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority .
Reeves claimed the new "growth corridor" would add up to £78bn to the UK economy by 2035. [BBC] Many of the projects are unlikely to be completed before the next general election.