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Insurer speaks out on Warboys case

Inceptum Insurance, the motor insurer being sued by victims of the so-called black cab rapist John Worboys, said that it has "every sympathy" for the victims.

John Paynter quits JLT board

John Paynter is to retire from the Jardine Lloyd Thompson board on 30 June, forcing JLT to appoint Richard Harvey as chairman of its remuneration committee with immediate effect.

JLT confirms positive start to the year

Broker Jardine Lloyd Thompson has issued a trading statement saying it has made a positive start to the year and that overall trading performance is in line with expectations.

Jubilee recruits McGonigle in affinity bid

Specialist Lloyd's insurer Jubilee has appointed John McGonigle, pictured, as head of affinity and special risks in a shake-up to boost its affinity business.

Barclays sets aside £300m more for PPI

Barclays Bank has announced an interim statutory loss before tax of £475m (2011: £1,655m profit), including an additional provision of £300m for payment protection insurance redress.

Canopius in US tie-up for Omega buy

Canopius has said its takeover of Omega will be funded partly by issuing new shares representing a 30% increase in shareholders' equity and a deal with US insurer Tower Group.

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