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CGU


CGU is to invest £40m in a new home-moving business on the internet, which will offer a database of 180,000 properties from more than 3,000 estate agents.
11-May-2000


CGU is planning to invest £20m in e-commerce companies through a fund called Quester, in order to enhance its online capability by building relationships with external companies.
26-Apr-2000


CGU and Norwich Union are planning a £18bn merger to create a leading supplier of general insurance, life and pensions, and up to 4,000 job losses are expected to follow.
21-Feb-2000


CGU has acquired Dutch insurer Nuts Ohra for £122m, and has also announced the formation of a joint venture with Societe Generale in Romania.
11-Nov-1999


CGU is to take full control of Hibernian Group in a deal that values the Irish life assurer at £336m.
05-Nov-1999


CGU is to sell its Greek life assurance business to Aspis Pronia for undisclosed terms, and Aspis will distribute CGU's investment products in Greece.
27-Oct-1999


CGU is acquiring Gan Canada from Groupama of France for £56m, in order to expand its Canadian insurance business.
14-Sep-1999


CGU is acquiring Tellit Assurance, the French general insurer, from Royal & Sun Alliance for £7m.
19-Jan-1999


CGU is acquiring three Greek insurance companies from Royal & Sun Alliance for £3.6m.
26-Nov-1998