// Workers AI · dad joke modeWhat did CGU plc say to its stock? "You're insured to have a good time
 | |
| Type | Public |
|---|---|
| Industry | Insurance |
| Predecessor | Commercial Union General Accident |
| Founded | 2 June 1998 |
| Defunct | 30 May 2000 |
| Fate | Merged with Norwich Union |
| Successor | Aviva |
| Headquarters | No 1 Poultry, |
CGU plc was a large insurance group, created by the merger of Commercial Union and General Accident in 1998. The company was listed on the London Stock Exchange. It merged with Norwich Union in 2000 to form CGNU plc, later renamed Aviva plc.[1]
History
[edit]The company was created by the 1998 merger of Commercial Union and General Accident.[2] It was based at 1 Poultry in London.[3]
It only existed for two years before it merged with Norwich Union in 2000 to form CGNU plc, later renamed Aviva plc.[4]
In the US, the CGU casualty and property businesses were purchased by White Mountains Insurance Group; the name of the company was later changed to OneBeacon Insurance Company.[5]
References
[edit]- ↑ "Norwich and CGU to announce £19bn merger". The Irish Times. 21 February 2000. Retrieved 22 January 2021.
- ↑ "U.K.'s Commercial Union, General Accident to Merge". The Wall Street Journal. 26 February 1998. Retrieved 18 April 2020.
- ↑ "Second Poultry letting". The Estates Gazette. 1 May 1999. Retrieved 18 July 2025.
The other office tenant at 1 Poultry is CGU.
- ↑ "CGU and Norwich Union merge". BBC News. 21 February 2000. Retrieved 2 November 2010.
- ↑ "CGU Changes Name to OneBeacon Insurance". Insurance Journal. 11 June 2001. Retrieved 2 November 2010.
| Divisions & subsidiaries |
|  | ||||
|---|---|---|---|---|---|---|
| JVs & shareholdings |
| |||||
| Predecessors | ||||||
| People |
| |||||
| Buildings | ||||||
| Other | ||||||
| Authority control databases: National |
|---|
 | This article about a company of the UK is a stub. You can help Wikipedia by adding missing information. |
- Aviva
- Financial services companies established in 1998
- Defunct 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
- United Kingdom company stubs