Competition in household will see premiums drop in 2016 with commercial premiums falling as motor rises following impact of flooding and petrol price reductions.
PwC has predicted that household premiums will fall by between 1% and 5% in 2016 for people in homes not affected by flooding. Mohammad Khan, UK general insurance leader at PwC, said: "Given the flooding...
As IPT is raised to 12%, many commentators wonder if a VAT-matched rate of 20% is on the cards
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Another court case, Biba, the FCA, Lloyd's and the Broker Apprentice come together to form the list.
Watchdog pushes deadline into first quarter of 2017.