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Coronavirus (COVID-19)—Government urged to suspend IPT to help insurers

Published on: 18 March 2020
Published by a Law360 reporter

Article summary

Law360, London: On 17 March 2020, insurance consultancy firm Mactavish said the government should consider suspending insurance premium tax (IPT) and loosen regulation over capital requirements, warning that the impact on insurers from market losses related to coronavirus (COVID-19) could be worse than after the 9/11 attacks in the US.

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