Guardian Royal Exchange Assurance plc was a large British insurance company. It was listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...

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 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 Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family Places United States * Royal, Arkansas, an unincorporated community * Royal, Illinois, a village * Royal, Iowa, a c ...

. The life assurance business was acquired by Aegon later that year.Aegon plans further deals after GRE buy
''The Independent'', 13 August 1999

References

External links

Axa PPP Healthcare - Health Insurance
Insurance companies of the United Kingdom Financial services companies based in London Financial services companies established in 1968 Financial services companies disestablished in 1999 Companies formerly listed on the London Stock Exchange Axa {{UK-finance-company-stub