Will planning in the era of the residence nil rate band »
As surely everybody knows by now, for deaths occurring after 5
April 2017 an additional IHT allowance is available in respect of a
residence which the testator owns or has owned in the past. This is
called the "residence nil rate band" (RNRB) and is given by an
increase in the standard nil rate band available to the individual.
Although the RNRB has also been referred to as the "main" residence
nil rate band, this is incorrect. For a property to qualify under
the RNRB legislation, it is sufficient for the property to have
been a residence (i.e. not necessarily a main residence) of the
deceased at some point.
Rewards without all of the risks »
Investors seem to be a little less convinced about reflation
trades now than they did at the turn of the year. Back then the
rise in inflation (which would spike if Trump's fiscal stimuli came
through), prompting investors to sell bonds and buy equities, was
the single big issue that framed any conversations between brokers,
investors and traders.
CII and IFC join forces to tackle insurance gap for women globally »
The Chartered Insurance Institute (CII) and IFC (International
Finance Corporation), a member of the World Bank Group, have signed
a memorandum of understanding, joining forces to tackle the
protection gap faced by women, increase their knowledge of risk and
access to insurance.
Unmanned ships and their international regulation »
The purpose of this Insurance Institute of London (IIL) marine
& energy lecture by Robert Veal was firstly, to understand how
unmanned ships will integrate into the existing international
regulatory framework for shipping; and secondly, to the extent that
unmanned ships fall within the framework, consider the extent to
which they can comply with its implications.
The new discount rate »
In this Insurance Institute of London (IIL) accident lecture
James Arrowsmith discussed the shock announcement of a minus 0.75%
discount rate, the impact it is having on claims and insurers, and
the response the rate has received. He considered the merits of the
Lord Chancellors' approach to setting the rate, and the future
developments which may mean the new rate is short-lived.
Introduction to contract works insurance for real estate underwriters/brokers »
In this Insurance Institute of London (IIL) Property Investors
Seminar, intended for those new to this sector of the profession,
Laura Frost, Jaymin Patel, Dave Cahill and Paul Kelly provided an
overview of Construction and Contract Works Insurance.
Insurance implications of fracking »
The insurance profession needs to prepare for the impact
that increased levels of onshore fracking could have on UK
households and businesses, according to a thought-leadership report
out today from the Chartered Insurance
Institute's Claims Faculty New Generation Group.
The group found that while existing products appear to provide
adequate cover for households and small businesses, and no insurer
specifically excludes fracking, there are no insurance policies
that specifically cover it either.
Periodical Payments Orders and personal injury compensation explained »
In the wake of the recent hike in the Discount Rate for lump sum
payments, this half hour continuing professional
development video looks at the related issue of Periodical
Payments Orders, current take-up and how they operate. PPOs are
compensation awards in personal injury claims which, in addition to
providing a lump sum for damages for pain and suffering and for
past financial loss, provide regular index linked payments for some
or all of the future financial loss.
Global trends in life insurance »
In this Insurance Institute of London (IIL) financial services
lecture Jules Constantinou discussed the potential for new
technology and the changing demands of consumers to disrupt how
life and health insurance is bought, sold, priced and
“You do what?!” Emergency Response in Aviation »
In this Insurance Institute of London (IIL) Aviation lecture
Abigail Pollard provided an insight into what is involved in the
response to an aircraft accident drawing on her experiences with
incidents from around the world.