2026
Completion of the acquisition of HSBC Life(UK) Ltd (now rebranded as Chesnara Life UK).
Announced an agreement to acquire Scottish Widows Europe SA for a total consideration of €110m.
2025
Completion of the legal merger of the Dutch entities on 2 July.
Announced an agreement to acquire HSBC Life (UK) Ltd for a total consideration of £260m.
Completion of £140m rights issue, with 88% of shareholders taking up their rights to the issue of new shares.
Issuance of a £150m Restricted Tier I Bond at a coupon of 8.5%.
Entered the FTSE 250 on 18 August.
2024
Completion of a second portfolio acquisition, consisting of a closed portfolio of unit-linked bonds and legacy pensions from Canada Life UK via a reinsurance agreement.
Announcement of the proposed merger of the two Dutch subsidiaries, expected to complete in July 2025.
2023
Completion of the acquisition of the insurance portfolio of Conservatrix N.V.
Completion of the Part VIl insurance business transfer of CASLP into CA plc.
Initial execution of the acquisition of the onshore individual protection line of business of Canada Life UK via a reinsurance agreement.
2022
Completion of the acquisition of a Sanlam Life & Pensions UK limited & Robein Leven N.V.
Announcement of proposed acquisition of the insurance portfolio of Conservatrix N.V.
2021
Completion of the acquisition of a portfolio of term policies from Brand New Day.
Announcement of proposed acquisition of Sanlam Life & Pensions UK Limited.
Announcement of proposed acquisition of Robein Leven N.V.
2020
Completion of the acquisition of 44,000 policies from the Dutch branch of Argenta Bank.
2019
Completion of the acquisition of a portfolio of 6,000 policies from Monuta Insurance, under Waard Group.
2017
Completion of Legal & General Nederland acquisition, renamed Scildon, at a 32% discount to its Economic value of £202.5m.
2016
Building upon our entry to the Dutch market we announce the acquisition of Legal & General Nederland, an open business.
2015
We expand into new territory with the acquisition of the Waard Group in the Netherlands.
2013
We acquire Direct Line's life assurance business and the total Group embedded value rises above £400m.
2010
Our acquisition of Save and Prosper takes the Group's assets under management to over £4 billion.
2009
Chesnara plc moves into Europe with the acquisition of a Swedish business now called Movestic. The Group's Embedded Value reaches £263m. Unlike the UK operation, Movestic is open to new business which adds a further source of embedded value growth.
2005
Chesnara makes its first acquisition - City of Westminster Assurance, adding £30m of Embedded Value.
2004
Chesnara is born - Countrywide estate agency group divests its life insurance business and this becomes the inaugural portfolio of Chesnara plc with an opening Embedded Value of £126m.