Archive

Chesnara acquires £1.5bn portfolio from Canada Life

Sixth deal in three years for UK-based life consolidator

FRC says UK's IFRS 17 disclosures are "good" but could be improved

Liquidity risk disclosures should be developed, says regulator

Chesnara acquires Canada Life UK's protection business

Plenty of runway left for life consolidation in Europe

The business of consolidating life insurance portfolios is looking healthy, according to participants, as inflation provides a catalyst and supervisors become more familiar with transactions. Joshua Geer reports

Chesnara appoints Steve Murray as group CEO

Murray will replace John Deane who is to retire

Chesnara selects WTW software for IFRS 17 project

Implementation budget also increased

UK insurance industry to raise £100m to fight Covid-19

Supporters include Lloyd's of London and Aviva

Most UK insurers will pay dividends, despite PRA's letter

Some firms had already planned to withhold capital distribution to shareholders

Chesnara postpones 2019 results release

The UK life and pensions provider stresses it is operationally resilient

Chesnara appoints ex-Lloyd's finance chief as chairman

Luke Savage replaces retiring Peter Mason