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Guardian Royal Exchange Assurance
British insurance company From Wikipedia, the free encyclopedia
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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.
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History
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]
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References
External links
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