LONDON (Alliance News) - CPPGroup PLC Friday said that the share of claims it is receiving from customers under a scheme to compensate customers who were mis-sold card and identity protection products continue to track broadly within its expectations. "The group is committed to achieving a
LONDON (Alliance News) - CPPGroup PLC Thursday said revenue from continuing operations has fallen by 41% in the year to date, weighed down by its UK business's poor performance, as it continues to grapple with paying redress to customers who were mis-sold insurance products. CPPGroup, which
LONDON (Alliance News) - CPPGroup PLC Thursday said its full-year pretax loss from continuing operations more than doubled, capping a hard year for the life-assistance business. CPP sells products giving customers the around-the-clock ability to cancel and replace lost or stolen credit card
LONDON (Alliance News) - CPPGroup PLC Monday said it has completed the sale of its 49% in its former joint venture company with Mapfre Abraxas Software Ltd, but the disposal will end up costing it GBP725,000 over two years. CPPGroup said it has sold its stake in Home3 Assistance Ltd to Mapf
CPP Group, the British-based company selling life assistance products, announced on Wednesday the appointment of Duncan McIntyre as Non-Executive Chairman with immediate effect.
McIntyre will succeed Charles Gregson, who announced his intention to step down on December 2013.
Since January 2011, Mc
LONDON (Alliance News) - CPP Group PLC Wednesday said it has appointed a new non-executive chairman, with Duncan McIntyre taking the reins from Charles Gregson. McIntyre, who has been a non-executive director of the company since January 2011 and currently chairs its Risk and Compliance Com
China became the world's biggest trader in goods for the first time last year, overtaking the US for all of 2013 and finishing the year with record trade figures in December. Coming fast on the heels of China taking over as the world's largest oil importer, the shift is another milestone as the coun
Another gloomy update from RSA meant that the non-life insurance sector was the worst-performing category on Monday with the group's share price dropping by as much as a tenth in afternoon trade.
The company revealed that it has launched an independent review of its financial and regulatory reporti
Revenues have fallen badly at credit card insurance provider CPP Group as it prepared to pay compensation as part of the miss-selling scheme.
The AIM company, which appointed new Chief Executive and Chief Financial Officers in September, said group turnover fell 38% since June 30th.
Renewal rates
CPPGroup said on Wednesday it has proposed the disposal of its North American business to AMT Warranty Corp. following talks with lenders to turnaround its financial struggles.
The British-based insurance company is in discussions with existing lenders, Barclays Bank, the Royal Bank of Scotland an