Fonacier reiterated what Tan said, that there will be no waiver of
insurance premium. Had it been possible, the waiver would have been one more incentive for offering basic deposit account products.
Gross life
insurance premium in the Kingdom exceeded gross general
insurance premium last year for the first time following an increase in the number of operators, as well as rising consumer demand.
New Delhi: A committee on auto insurance set up by the Insurance Regulatory and Development Authority (IRDA) has suggested that motor
insurance premium in future may be determined through telematics, as per Zee Media sources.
Under this scheme, 100 percent subsidy on
Insurance Premium for land owners up to 5 acres while 50 percent subsidy on
Insurance Premium for land owners from 5 Acre to 25 Acres will be borne by the government.
Insurance premium growth slowed down during the one-year period to December 2017 to 6.6 per cent compared to an annual growth of 12.3 per cent in a similar period of 2016.
It also wants to introduce a new tax on insurance policies and tax cryptocurrencies.The Slovak Finance Ministry plans this year to tax internet giants, bitcoin and other cryptocurrencies as well as impose a new
insurance premium tax that will be a more advanced measure.
4 p the sa om an t ra pe ts e Tax ica an sa Drivers aged 17 to 24 pay PS1,354 on average in their first year, a rise of 8%, says comparethemarket.com It follows a Tory change to the Ogden discount rate - used to calculate per- sonal injury payouts - alongside a rise in
Insurance Premium Tax.
Rises are due to the
Insurance Premium Tax hike to 12 per cent last month and changes to the way personal injury claims compensation is calculated.
The summer Budget revealed that
insurance premium tax will be increased from 6% to 9.5% from November.
The summer Budget revealed that
insurance premium tax will be increased from six per cent to 9.5 per cent from November.