Who we are
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We are a responsible and profitable company engaged in the management and
new business distribution of Life and Pension policies in the UK, Sweden and
the Netherlands.
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Chesnara plc was formed in 2004 and is listed on the London Stock Exchange.
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The Group initially consisted of Countrywide Assured, a Life and Pensions
book demerged from Countrywide plc, a large estate agency group.
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Since incorporation the Group has grown through fifteen acquisitions, mostly
recently that of HSBC Life (UK) Limited (now rebranded as Chesnara Life UK).
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The Group has also announced the acquisition of Scottish Widows Europe SA.
The announcement was made on 17 February 2026, and the acquisition is
expected to complete around the end of 2026, subject to regulatory
approvals.
What we do
- We now administer approximately 1.3 million life and pension
policies for our policyholders across the UK, Netherlands and Sweden.
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We had £21bn1 of Assets under
Administration as at 30 June 2026: £11bn1 in the UK, £7bn in Sweden and
£3bn in the Netherlands.
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We operate to high regulatory standards, ensuring we offer effective service
levels and strong solvency levels as we aim to deliver fair outcomes to
policyholders.
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We provide value to shareholders primarily by way of an established and
attractive dividend strategy but also by value enhancement through
acquisitions and the writing of profitable new business in Sweden, the
Netherlands and the UK.
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We are committed to delivering our stated strategic objectives:
- Maximising value from our existing businesses.
- Acquiring life and pensions businesses.
- Value enhancement through the writing of profitable new business.
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We are committed to ensuring that our operations and investments are
sustainable and that sustainability is at the heart of our decision-making
process across the group.
1 Includes the pro forma impact of the second Canada Life portfolio acquisition following completion of the Part VII transfer and subsequent migration by early August 2026.
