Cut national insurance for under-25s to create jobs, Milburn report to say
Published . Updated .
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The report being launched this week will suggest gradually reducing employment costs over five years.
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR+1.6% 16d
Financial Select Sector SPDR: it holds insurers. Linked by “insurance” (insurers) in this story.
- CB Chubb+11.2% 30d
Chubb (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.
- TRV The Travelers Companies+8.8% 30d
The Travelers Companies (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.
- AIG American International Group+13.4% 30d
American International Group (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.
- BRK-B Berkshire Hathaway
Berkshire Hathaway (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLF | -1.18% | -0.10% | base | after close | after close | after close | after close |
| CB | -3.25% | -1.42% | base | after close | after close | after close | after close |
| TRV | -1.95% | -0.95% | base | after close | after close | after close | after close |
| AIG | -3.89% | -0.04% | base | after close | after close | after close | after close |
| BRK-BPrices arriving within minutes | — | — | — | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
The report being launched this week will suggest gradually reducing employment costs over five years.
Source: BBC
This story
| Company | When | Move | Status |
|---|---|---|---|
| AIG | three days earlier | -0.04% | final price |
| AIG | five days earlier | -3.89% | final price |
| CB | three days earlier | -1.42% | final price |
| CB | five days earlier | -3.25% | final price |
| TRV | three days earlier | -0.95% | final price |
| TRV | five days earlier | -1.95% | final price |
| XLF | three days earlier | -0.10% | final price |
| XLF | five days earlier | -1.18% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Maria Elvira Salazar sold Chubb (CB), worth $1,001 - $15,000 on 24 Sep 2026. That is 52 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chubb (CB) (jointly held), worth $1,001 - $15,000 on 23 Sep 2026. That is 53 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Chubb (CB) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 72 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold American International Group (AIG), worth $15,001 - $50,000 on 28 Aug 2026. That is 79 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Cut national insurance for under-25s to create jobs, Milburn report to say” scores 12 out of 100. The score uses 1 sources.