Company type | Public |
---|---|
Industry | Insurance |
Founded | 1968 |
Defunct | 1999 |
Fate | Acquired |
Successor | Axa |
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]
Company type | Public |
---|---|
Industry | Insurance |
Founded | 1968 |
Defunct | 1999 |
Fate | Acquired |
Successor | Axa |
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]