CGU plc
| File:Cgulogo.PNG | |
| File:No 1 Poultry (15481592400).jpg 1 Poultry | |
| Company type | Public |
|---|---|
| Industry | Insurance |
| Predecessor | Commercial Union General Accident |
| Founded | 1998 |
| Defunct | 2000 |
| Fate | Merged with Norwich Union |
| Successor | Aviva plc |
| Headquarters | London, UK |
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CGU plc was a large insurance group, created by the merger of Commercial Union and General Accident in 1998. The company was listed on the London Stock Exchange. It merged with Norwich Union in 2000 to form CGNU plc, later renamed Aviva plc.[1]
History
[edit | edit source]The company was created by the 1998 merger of Commercial Union and General Accident.[2] It was based at 1 Poultry in London.[3]
It only existed for two years before it merged with Norwich Union in 2000 to form CGNU plc, later renamed Aviva plc.[4]
In the US, the CGU casualty and property businesses were purchased by White Mountains Insurance Group; the name of the company was later changed to OneBeacon Insurance Company.[5]
References
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- Aviva
- Financial services companies established in 1998
- Insurance companies of the United Kingdom
- Companies formerly listed on the London Stock Exchange
- 1998 establishments in the United Kingdom
- Financial services companies disestablished in 2000
- 2000 disestablishments in the United Kingdom
- United Kingdom company stubs