 | |
| Public | |
| Industry | Insurance |
| Fate | Acquired |
| Successor | Axa |
| Founded | 1968 |
| Defunct | 1999 |
| Headquarters | London, UK |
Key people | Lord Hambro, (Chairman) |
Guardian Royal Exchange Assurance plc was a large British insurance company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.
The company was established through the merger of the Guardian Assurance Company and Royal Exchange Assurance in 1968. [1]
In February 1998 it acquired PPP Healthcare, a private healthcare insurer, for £435m. [2]
In February 1999 it was acquired by Axa of France for $5.7bn and integrated into its Sun Life & Provincial Holdings division. [3] It was subsequently announced that the company would move out of the Royal Exchange Building. [4] The life assurance business was acquired by Aegon later that year. [5]
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie", is a share index of the 100 companies by capital value, listed on the London Stock Exchange with the highest market capitalisation. It is seen as a gauge of prosperity for businesses regulated by UK company law. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group.
Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services company headquartered in London, England. Its products and services include investment management, lifetime mortgages, pensions, annuities, and life assurance. As of January 2020, it no longer provides general insurance following the sale of Legal & General Insurance to Allianz. It has operations in the United Kingdom and United States, with investment management businesses in the Gulf, Europe and Asia.
The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became a subsidiary of Aegon, a European financial services company headquartered in The Hague, Netherlands.
Prudential plc is a British multinational life insurance and financial services company headquartered in London, United Kingdom. It was founded in London in May 1848 to provide loans to professional and working people.
Axa S.A. is a French multinational insurance firm headquartered in the 8th arrondissement of Paris that engages in global insurance, investment management, and other financial services.
Aegon N.V. is a Dutch multinational life insurance, pensions and asset management company headquartered in The Hague, Netherlands. As of December 31, 2017, Aegon companies employed approximately 28,318 people worldwide, serving millions of customers. In 2020, the company had 26,000 employees. Aegon is listed on the Euronext Amsterdam and is a constituent of the AEX index.
Standard Life Aberdeen plc, is a United Kingdom-based global investment company headquartered in Edinburgh, Scotland. In March 2017, Standard Life reached an agreement to merge with the investment company Aberdeen Asset Management. Standard Life was renamed Standard Life Aberdeen on 14 August 2017. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Axa XL is a subsidiary of global insurance and reinsurance company Axa. It is headquartered in Stamford, Connecticut, domiciled in Hamilton, Bermuda, and has more than 100 offices on 6 continents.
Equitable Holdings was founded by Henry Baldwin Hyde in 1859. In 1991, Axa, a French insurance company, acquired majority control of The Equitable.
ProAssurance Corporation, headquartered in Birmingham, Alabama, is a property and casualty company that sells professional liability insurance to doctors. The company was founded in 1976 as Mutual Assurance and was later renamed to Medical Assurance in 1997. The name "ProAssurance" was created in 2001 when Medical Assurance merged with Professionals Group. The company is currently the fourth largest medical professional liability insurance writer and has almost $5 billion in assets.
The Guardian Assurance Company was a British insurance company based in London.
Sun Life & Provincial Holdings plc was a large British insurance company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by French insurance company Axa Group in 1996.
Axa Insurance Ireland is an Irish insurance company headquartered in Dublin.
Friends Life Group Limited was a Guernsey-incorporated investment vehicle which has the stated intent of forcing consolidation in the British life insurance industry. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by Aviva on 13 April 2015.
Stonebridge International Insurance Ltd., (Stonebridge) has been a general insurer for over 10 years. Its European head office is in Maidenhead, in the United Kingdom. The company was licensed to passport its services in the following countries: Denmark, Finland, France, Germany, Ireland, Italy, Norway, Poland, Portugal, Spain, Sweden and the United Kingdom.
AXA Health is a UK private medical insurance provider, and is part of the AXA group of companies.
SunLife Ltd is a UK-based financial services company. Founded in 1810, the company is best known for its range of services for people aged 50 and over.
Axa UK plc is part of the Axa group of companies. Its subsidiaries include Axa Insurance, Swiftcover, Axa Commercial and Personal Intermediaries, Axa PPP Healthcare, Axa Investment Managers and Axa Wealth.
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