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CGNU


CGNU is to acquire Dao Heng Assurance and DBS Kwong On Insurance from DBS Group for £31m, in order to expand its insurance operations in Hong Kong.
19-Feb-2002


CGNU has agreed to sell Plant Safety, its UK in-service inspection business with net assets of £3m, to Bureau Veritas.
18-Dec-2001


CGNU is creating 100 jobs at its Norwich Union car insurance call centres in Norwich and Worthing.
17-Sep-2001


CGNU is to create 250 jobs at its Norwich Union life and pensions business in York, having decided to relocate some administration processing investment from Croydon.
20-Aug-2001


CGNU is to acquire the Insurance Corporation of Singapore from DBS Group for £152m, which will more than double its presence in Asia.
24-Jul-2001


CGNU is to acquire Fortis Australia from Fortis Group for £111m, in order to expand its general insurance business in Australia.
15-Jun-2001


CGNU is investing £250m in its new Norwich Union internet business, which will involve online banking and wealth management and the creation of 300 jobs in Norwich.
30-May-2001


CGNU is to sell its Belgian non-life insurance business to Winterthur of Switzerland for £72m.
23-May-2001


CGNU has acquired Mebit, the Hungarian life insurance company, from ABN Amro for £64m.
21-Mar-2001


CGNU has sold State Insurance, the New Zealand supplier of personal and commercial insurance, to NRMA of Australia for £125m.
09-Feb-2001


CGNU is to set up a new Norwich Union regional sales office in Aberdeen, after restructuring its existing regions in Glasgow and Edinburgh.
05-Jan-2001


CGNU has sold two Canadian operations for a total £133m, with Manulife Financial acquiring Commercial Union Life Holdings and American International Group acquiring Norwich Union Holdings (Canada).
02-Jan-2001


CGNU is to take a £448m charge against the disposal of Marlborough Underwriting Agency to Berkshire Hathaway, in order to get out of its Lloyd's insurance business.
02-Nov-2000


CGNU is looking to acquire a mid-sized fund manager in the US, as part of the global expansion of its Morley Fund Management division.
04-Oct-2000


CGNU is to sell its US property and casualty insurance business to White Mountains of Bermuda for £2.17bn.
26-Sep-2000


CGNU is to sell General Accident Versicherung, its German general insurance business, to Gerling-Konzern Lebensversicherung for undisclosed terms.
26-Jul-2000