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Guardian Royal Exchange Assurance
Guardian Royal Exchange Assurance plc was a large British insurance company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. History The company was established through the merger of the Guardian Assurance Company and Royal Exchange Assurance in 1968. In February 1998 it acquired ''PPP Healthcare'', a private healthcare insurer, for £435m. In February 1999 it was acquired by Axa Axa S.A. (styled as ''AXA'' or GIG in the Middle East) is a French multinational insurance company. The head office is in the 8th arrondissement of Paris, France. It also provides investment management and other financial services. The ... of France for $5.7bn and integrated into its Sun Life & Provincial Holdings division. It was subsequently announced that the company would move out of the Royal Exchange Building. The life assurance business was acquired by Aegon later that year.
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Sun Life & Provincial Holdings
Sun Life & Provincial Holdings plc was a large British insurance company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by French insurance company Axa Group in 1996. History The company was established in 1995 as a holding company for the ''Sun Life Assurance Society'' and the ''Provincial Insurance Company'' in both of which Union des Assurances de Paris (UAP) of France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ... had acquired substantial holdings. Sun Life Assurance Society The Sun Life Assurance Society was a life insurance offshoot, founded in 1810, of the Sun Fire Office. The Head Office moved to Bristol in 1976. UAP acquired 50% of the Sun Life Assurance Society in 1992.
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Financial Services Companies Disestablished In 1999
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ...
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Financial Services Companies Established In 1968
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ...
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Financial Services Companies Based In London
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ...
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Insurance Companies Of The United Kingdom
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Aegon N
Aegon or AEGON may refer to: *Aegon N.V., a Dutch multinational life insurance, pensions and asset management company :*Aegon UK, its Scottish subsidiary :*Aegon Life Insurance Company *Ægon, a playable character in ''Marvel Contest of Champions ''Marvel Contest of Champions'' is a 2014 fighting video game developed and published by Kabam. It was released on December 10, 2014, for iOS and Android. The fighting game is primarily set in the Marvel Universe. The game is strongly based o ...'' *Several fictional characters in George R.R. Martin's ''A Song of Ice and Fire'' novels; see Aegon Targaryen {{disambiguation ...
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Royal Exchange, London
The Royal Exchange in London was founded in the 16th century by the merchant Sir Thomas Gresham on the suggestion of his factor Richard Clough to act as a centre of commerce for the City of London. The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold. The original foundation was ceremonially opened by Queen Elizabeth I who granted it its "royal" title. The current building is trapezoidal in floor plan and is flanked by Cornhill and Threadneedle Street, which converge at Bank junction in the heart of the city. It lies in the ward of Cornhill. The exchange building has twice been destroyed by fire and subsequently rebuilt. The present building was designed by Sir William Tite in the 1840s. The site was notably occupied by the Lloyd's insurance market for nearly 150 years. Today the Royal Exchange contains Fortnum & Mason The Bar & Restaurant, luxury shops, and offices. Traditionally, the steps of the ...
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Healthcare
Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health professionals and allied health fields. Medicine, dentistry, pharmacy, midwifery, nursing, optometry, audiology, psychology, occupational therapy, physical therapy, athletic training, and other health professions all constitute health care. It includes work done in providing primary care, secondary care, and tertiary care, as well as in public health. Access to health care may vary across countries, communities, and individuals, influenced by social and economic conditions as well as health policies. Providing health care services means "the timely use of personal health services to achieve the best possible health outcomes". Factors to consider in terms of health care access include financial limitations (such as insurance coverage), geo ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Royal Exchange Assurance Corporation
The Royal Exchange Assurance, founded in 1720, was a British insurance company. It took its name from the location of its offices at the Royal Exchange, London. Origins The Royal Exchange Assurance emerged from a joint stock insurance enterprise known as ''Onslow's insurance'' or ''Onslow's Bubble''. This had been begun as the ''Mercer's Hall Marine Company'', or ''Undertaking kept at the Royal Exchange for insuring ships and merchandise at sea''. A similar enterprise sought incorporation in 1718, but the Attorney-General reported against this. Lord Onslow then sought a means of avoiding the difficulty by his company acquiring the charters of Society of Mines Royal and Company of Mineral and Battery Works, which declared itself open for assuring ships and merchandise in March 1719. Their opponents petitioned against this and the Attorney-General reported in May 1719 that the use made of the charters was "unwarrantable". The directors admitted this mistake but requested their ...
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Guardian Assurance Company
The Guardian Assurance Company was a British insurance company based in London and formed in 1821 to offer both life and fire insurance. Through a combination of organic growth and acquisition it became one of the leading insurance companies. In 1968 it merged with Royal Exchange to form Guardian Royal Exchange. History The first hundred years There ae no records of the original meetings or the motivation of the promotors but it is believed that there was a substantial involvement by bankers. The Chairman, Stewart Marjoribanks was an East India merchant and the Deputy Chairman, Richard Mee Raikes later became Governor of the Bank of England. A notice in The Times in November 1821 stated that the Court of Directors of Guardian Fire and Life announce that a general meeting of the subscribers will be held at the City of London Tavern on 10th of December when the Deed of Settlement will be submitted for approval. On the following February the Directors announced that “the princ ...
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