Carriers hope for quiet budget

UK insurers are hoping for a relatively quiet Budget on 8 March,
following a year of disruption caused by Brexit, hikes in the
insurance premium tax (IPT) and the Ogden rate upset, according to
major consultancies.
While none of the experts this publication spoke to were
expecting any announcements from Chancellor Philip Hammond which
would affect the (re)insurance industry, they were also unwilling
to rule anything out, given the number of surprises in recent
Budgets.
Last March, the government