TITLE

CGU To Dump U.S. P-C Book After Merger

AUTHOR(S)
Howard, Lisa S.
PUB. DATE
February 2000
SOURCE
National Underwriter / Property & Casualty Risk & Benefits Manag;02/28/2000, Vol. 104 Issue 9, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses the significance of the merger between CGU and Norwich Union in the insurance market of Great Britain. Intention of CGU to sell its property-casualty business; Opinion on what the merger would create; Chance that the deal might not go through.
ACCESSION #
2845714

 

Related Articles

  • New U.K. powerhouse. Veysey, Sarah; Kochaniec, Joanne Wojcik // Business Insurance;02/28/2000, Vol. 34 Issue 9, p1 

    Reports the merger between CGU P.L.C. and Norwich Union Insurance Group creating a multiline and insurance company in Great Britain. Aims of the combined insurance company; Plans of selling the United States (US) property/casualty operations; Speculations and views on the planned sale of the US...

  • Two Large U.K. Insurers Announce Merger. Howard, Lisa S. // National Underwriter / Life & Health Financial Services;2/28/2000, Vol. 104 Issue 9, p20 

    Reports on the merger of British insurance companies CGU and Norwich Union. Terms of the merger; Information on CGNU, the merged company; Expectations from CGNU; Statement issued by Bob Scott, chief executive of CGU.

  • Business & Financial.  // Insurance Advocate;02/26/2000, Vol. 111 Issue 9, p30 

    Presents news from the insurance industry as of February 26, 2000. Merger announced by CGU plc and Norwich Union plc; Venture established by American International Group Inc., The Blackstone Group LP and Kissinger Associates Inc.

  • Partnership eases pain of mass redundancies. Cooper, Cathy // People Management;3/2/2000, Vol. 6 Issue 5, p12 

    Deals with the job losses in Great Britain caused by mergers and acquisitions. Number of job losses in the merger between CGU and Norwich Union; Criticisms by Dai Davies, national officer at NatWest for Unifi, the banking union, on employees' dismissal at NatWest; Job losses at Lloyds TSB.

  • CGU brand faces axe in merger plan. Whitfield, Paul // Marketing (00253650);2/24/2000, p4 

    Reports on the possibility that CGU's retail brand will be dropped in favor of Norwich Union's should the proposed merger of the British insurers go ahead. Concerns over the future of CGU's senior marketers and its advertising agency McCann-Erickson; Remarks of a spokeswoman for both companies.

  • CGU, Norwich Union to Form European Financial Giant.  // Best's Review;Apr2000, Vol. 100 Issue 12, p154 

    Reports on the intention of British international composite insurers CGU PLC and Norwich Union PLC to merge to form a European insurer with annual premium income and retail investment sales of $16.29 billion. Major competitors of the merged company; Transaction through a zero-premium share...

  • Merger may hit HR.  // People Management;5/18/2006, Vol. 12 Issue 10, p11 

    The article focuses on the plan to merge the HR departments of the General and Life insurance operations of Norwich Union in Great Britain. According to a Norwich Union spokeswoman, their plan will be a long-term process which will take more than a year to complete. She went on to say that it...

  • CGNU awards McCanns ...20m rebranding task. Brabbs, Cordella // Marketing (00253650);6/22/2000, p3 

    Reports that British insurance group CGNU which was formed from the merger of Norwich Union and CGU has hired McCann-Erickson to handle its advertising account. Advertising budget; Launching of the company Norwich Union Life; Changes in executive positions; Rebranding plans; Other agencies...

  • Norwich Union Acquires London & Edinburgh.  // International Insurance Monitor;1999 1st Quarter, Vol. 52 Issue 1, p30 

    Reports on the acquisition of London & Edinburgh Insurance Group Ltd. by Norwich Union. Results of the acquisition; London & Edinburgh's financial status.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics