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Company type | Public |
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LSE: CSN | |
Industry | Life assurance and pensions |
Founded | 2004 |
Headquarters | Preston, Lancashire, United Kingdom |
Key people | Luke Savage (Chairman) Steve Murray (CEO) |
Revenue | ![]() |
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Website | www |
Chesnara plc is a life assurance and pensions business, based in Preston, Lancashire, United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [2]
The company was established when the life assurance business of Countrywide was demerged in May 2004. [3] Graham Kettleborough was appointed chief executive at that time and went on to lead the company through the acquisition of a series of other portfolios and businesses. [4] These included City of Westminster Assurance for £70 million in January 2007 [5] and the pensions provider, Save & Prosper Group, for £63.5 million in November 2010. [6]
Following the resignation of Kettleborough in December 2014, John Deane was appointed chief executive. [7] The company acquired the Dutch insurance business of Legal & General for £137 million in April 2017. [8] [9]
After Deane stepped down in May 2021, Steve Murray became chief executive. [10] In November 2021, the company bought Robein Leven, a provider of savings accounts, mortgages and annuities, operating in the Netherlands. [11]
The company acquired the UK bonds and legacy pensions business of Canada Life in December 2024. [12] [13] Then, in July 2025, the company announced that it had signed an agreement to acquire the UK life assurance business of HSBC Life for £260 million, with completion expected in early 2026. [14] [15] [16]