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Sunday, 22nd November 2009

Insurance

French insurer in 2bn cash call as it turns eyes to the east FRENCH insurance giant Axa is launching a rights issue to raise 2 billion (£1.78bn) to fund its global expansion, including its bid for full control of its majority-owned Asian arm Axa Asia Pacific Holdings.

Swinton fined for mis-selling PPI and told to offer 350,000 customers compensation INSURANCE broker Swinton has been fined £770,000 and told to offer 350,000 customers compensation after being found guilty of mis-selling payment protection insurance (PPI).

Aviva looks to make £1bn in Delta Lloyd sale INSURER Aviva expects to pocket 1.2 billion (£1.1bn) to fund acquisitions and internally generated growth, when it floats its loss-making Dutch unit, Delta Lloyd, in Europe's largest share offering this year.

Insurer Aviva puts Hodges in charge of combined UK operations INSURANCE giant Aviva has brought its UK life and general insurance operations under the leadership of a single chief executive.

More Stories

Aviva eyes £1bn from Delta float

Buckley under pressure as another round of key staff resigns from SWIP

Northern Rock chairman given top job at insurer Pearl

Standard Life appointed to £210m portfolio

Lloyd's of London on high as disasters low

'Missing' Scottish Widows members still to claim £70m

Change tax regime or see insurers desert UK, ABI warns government

Helphire set to lose major customer

Cadbury finds bid hard to swallow

Barclays has gall but challenge over insurance is bound to fail

Tesco motor cover plans unveiled

One in seven 'lies for cheaper insurance'

Policyholders poised to back Aviva payout plan

Equity boss Wood exits in shake-up at Scottish Widows investment arm

Insurers looking for more disability clarity

Which? urges Barclays to drop appeal on payment protection insurance

Home in on Sainsbury's cheap insurance

Asda adds over-50s life cover to financial range

Teresa Hunter: Cover 'disappearing' for young motorists

Capita creates 300 jobs at call centre

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