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Insurance Premium Tax receipts up 12.5% in Q1
Insurance Premium Tax (IPT) raised a further £69m for the Treasury in June 2024, according to latest HM Revenue & Customs tax receipts data. Following a record £8.1bn of IPT collections last...
Read moreVitality sees 45% increase in claims over last five years
Vitality saw a 45% increase in the proportion of members claiming between 2019 and 2023 according to its 2024 Health Claims Report released today. Vitality said: “This increase in claims has significantly exceeded...
Read moreReframe Cancer joins AMII as corporate member
Reframe Cancer has joined the Association of Medical Insurers & Intermediaries (AMII) as a corporate member. From pre-diagnosis to post-treatment, Reframe Cancer provides personalised support from a team of cancer nurse specialists...
Read moreMedicash premium income breaks £50m for first time as 100,000 policyholders added
Liverpool-based health insurer and corporate health cash plans provider Medicash has reported a net increase of 105,000 new policyholders in 2023. The company's annual results also shows the period saw the business...
Read moreBupa reviewing medical fees model as insurers tight-lipped on rises – exclusive
Bupa has revealed it is reviewing its fee model for consultants but private medical insurers across the market have declined to say how much they have changed fees for medical procedures. Health...
Read moreIHPN CEO calls on Labour government to give private providers a ‘way in’
The CEO of the Independent Healthcare Providers Network (IHPN) has challenged the new Labour government to ensure private healthcare firms can find a "way in" to provide their services to the NHS....
Read moreChubb appoints division president for Continental Europe, Middle East and North Africa
Chubb has appointed Peter Kelaher as division president for Continental Europe, Middle East and North Africa. In his new role, Kelaher will have executive operating responsibility for 24 countries across the area....
Read moreKing’s Speech commits to cut NHS wait times and reform Mental Health Act
The new Labour government has pledged to cut NHS wait times, make the Mental Health Act fit for purpose and retrieve the Conservative's tobacco sale restrictions bill as part of the King's...
Read moreFCA cancels protection advice firm’s permissions after waiting five years for fees
A mortgage and protection advice firm has had its permissions to operate cancelled by the Financial Conduct Authority (FCA) after failing to pay more than £3,500 of fees from 2019. The regulator...
Read moreMost renters would buy income protection if it helped credit rating – research
Most renters would take out income protection if it contributed to their credit rating. This is according to research from Canopy and LifeSearch conducted with 594 Canopy customers which also found 74% of...
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