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Home > Company Index > Insurance > Multiline Insurance > CGNU plc

CGNU plc
 PROFILE
The 1998 union of British insurance companies Commercial Union and General Accident created CGU, the UK's top multiline insurer, but in a consolidating European insurance industry, no acronym can last for long. The company merged in 2000 with UK nonlife insurer Norwich Union, to create CGNU, a leading insurance firm throughout Europe (Allianz is #1) offering both life and general insurance. Its life and savings segments focus on life insurance, pensions, unit trusts, and other investment products; its general insurance segment includes home, auto, and fire coverage. Financial services include investment management, stock brokerage, and trustee services. CGNU operates in more than 50 countries worldwide.

 COMPETITION
Allianz AG (AZ)
Prudential plc (PUK)
Zurich Financial Services (ZURN)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 25,920.70
1-Yr. Sales Growth: (13.1)%
Employees: 72,749
Revenue per employee: $356,303.18

 KEY PEOPLE
• Bob Scott
    CEO
• Peter Foster
    CFO

 CONTACT INFO
St. Helen's, 1 Undershaft
London EC3P 3DQ, United Kingdom
Phone: 44-20-7283-7500
Fax: 44-20-7662-8182
Online: Web Site

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