Barclays
BBA rules out PPI appeal as banks plan for payouts
The British Bankers' Association has abandoned plans to appeal a high court ruling, after four of the major banks have set aside money for to compensate mis-selling payment protection insurance.
Clydesdale expands corporate finance team
Clydesdale Bank Corporate & Structured Finance has appointed Paul Hambrook as director at its London office.
BBA abandons PPI appeal
The British Bankers' Association will not appeal the High Court judgement on the mis-selling of payment protection insurance.
Barclays CEO in PPI apology as bank sets asside £1bn for claims
Barclays has decided that it will not participate in any application for permission to appeal against the High Court judgment of 20 April 2011, which dismissed the action brought by the British Bankers' Association regarding the assessment and redress of…
Barclays appoints Kieran Murphy to head up general insurance
Barclays has appointed Kieran Murphy to the role of managing director of Barclays Insurance for the bank’s UK retail business.
Former Standard Life MD to head up Barclays' insurance division
Barclays has appointed Paul McNamara as managing director of insurance and investments.
Claims - Private equity backing: Unlocking private equity
Private equity is not just the preserve of the insurer and broking sectors. Daniel Dunkley looks at how the claims sector has seen a fair share of PE investment, asks why this is the case and what it means for the firms involved.
Aviva replaced by First Assist as bank seeks retail travel growth
Barclays is set to drop Aviva as the underwriter of its travel insurance after sealing a new deal with niche provider First Assist.
Interview - Stewart McCulloch: Sticking to his knitting
The new CEO of Garwyn talks to Mairi MacDonald about getting the loss adjuster back on track by sticking to its core strengths while expanding its regional focus.
Hurricanes - financial impact: A storm is coming
After a good year in 2009 for the reinsurance industry, Philip Alexander warns of the perils heralded by the Atlantic forecast for this year, as 2010 looks to be beset by stormy weather.
British Insurance Awards 2010 - Handing over the reins
Building a protection operation with no legacy systems and using the latest e-business technology, Fortis has given control back to advisers and improved efficiency along the way. Amy Ellis reports.
Confidence returning to insurance sector
Lloyds TSB Corporate Markets is poised to announce further credit facilities with insurers, after arranging a multi-million refinancing agreement as part of a consortium for Hiscox.
Hiscox secures $750m new funding
Hiscox has secured a $750m syndicated three-year revolving credit and letter of credit facility.
Interview - Gary Duggan: Creating a difference
With insurance one of the key strategic priorities for Barclays Bank, Amy Ellis talks to its managing director, insurance & investments, banking Gary Duggan about his plans.
POS PPI ban confirmed
The Competition Commission has reaffirmed its decision to provisionally introduce a point-of-sale prohibition on payment protection insurance.
Competition Commission: Point-of-sale PPI should be banned
The Competition Commission has provisionally decided that consumers will benefit from the introduction of a point-of-sale prohibition for all forms of payment protection insurance, with the exception of retail PPI.
Aviva appoints new strategy director
Aviva France has appointed Pierre-Emmanuel Lefebvre as deputy director of strategy and development. Stanislas Belot is to replace him as secretary of the executive committee.
Aviva appoints new strategy director
Aviva France has appointed Pierre-Emmanuel Lefebvre as deputy director of strategy and development. Stanislas Belot is to replace him as secretary of the executive committee.
E-Business 2010 - Conference News: Barclays chief: security is major customer fear
Sean Gilchrist, digital banking director at Barclays Bank, told attendees that listening to consumer concerns was the key to creating a successful — and fraud-free — online offering.
E-Business 2010: Opportunities abound
Talk about e-business in the insurance sector and most people think of personal lines sales and quotations, and perhaps a bit of supplier management. Talk about potential growth and the onus is very much on commercial lines, and the role of the broker.
Junction targets personal lines insurers in drive for new partnerships
Junction is targeting motor and home insurers as part of a drive for new partners in the insurance sector.
Axis releases $500m of Senior Notes
Net proceeds for the offering to be used for “general corporate purposes.”
French insurer finalises transaction after Barclays deal
After obtaining customary regulatory approvals, CNP Assurances had finalised the transaction with Rentipar Seguros SGPS for the sale of its stakes of 83.52% et 83.57% respectively in Global - Companhia de Seguros, S.A. and Global Vida - Companhia de…
French insurer finalises transaction after Barclays deal
After obtaining customary regulatory approvals, CNP Assurances had finalised the transaction with Rentipar Seguros SGPS for the sale of its stakes of 83.52% et 83.57% respectively in Global - Companhia de Seguros, S.A. and Global Vida - Companhia de…