Barclays reports 12% increase in insurance business
Barclays saw its insurance a double digit increase in its insurance business for 2005, the bank reported this morning. Last year Barclays launched an aggressive advertising campaign on the back of a deal with Norwich Union.
Net premiums from insurance underwriting activities increased 12% (31m pounds) to 280m pounds(2004: 249m pounds).
It added: "In 2004 there was a provision relating to the early termination of
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