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 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.