Genworth responds to UK court ruling against AXA in PPI case

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Go back to Genworth responds to UK court ruling against AXA in PPI case

Genworth Issues Statement on Court of Appeal Ruling Against AXA in UK Payment Protection Insurance Case

September 15, 2026 6:25 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Genworth Financial, Inc. (NYSE: GNW) today issued a statement in response to a UK Court of Appeal ruling against AXA in their case against Santander companies related to liabilities associated with the historic mis-selling of Payment Protection Insurance (PPI) policies. The judgment granted Santanders appeal resulting in the setting aside of the trial courts judgment in AXAs favor for a majority of the indemnity claim. The Court of Appeal also denied AXAs appeal of the trial courts judgment rejecting AXAs contribution claim. In... More