CGU plc was a large

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 ...

group, created by the merger of

Commercial Union Commercial Union plc was a large insurance business based in London. It merged with General Accident in 1998 to form CGU plc. History Commercial Union was established following a conflagration near London Bridge in 1861, known as the Great T ...

and General Accident in 1998. The company 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 Pau ...

. It merged with

Norwich Union Norwich Union was the name of insurance company Aviva's British arm before June 2009. It was originally established in 1797. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. On 29 April 2008, Aviva ...

in 2000 to form CGNU plc, later renamed Aviva plc.

History

The company was created by the 1998 merger of

and General Accident. It only existed for two years before it merged with

in 2000 to form CGNU plc, later renamed Aviva plc. In the US, the CGU casualty and property businesses were purchased by

White Mountains Insurance Group White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business throu ...

; the name of the company was later changed to ''

OneBeacon Intact Insurance Specialty Solutions is the brand used by Intact Financial Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Associa ...

Insurance Company''.

References

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 {{company-stub