Chesnara steps up acquisition hunt as equity markets bounce back
"We continue to actively seek out and engage on opportunities in our core markets"
Company
Chesnara PLC
LON:CSN
Chesnara PLC is an established life and pensions consolidator in the UK and Europe The group comprises closed consolidation businesses in the UK and the Netherlands. In addition, it has a separate Dutch new business operation and a separate open business in Sweden.
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Chesnara says CEO will retire at the end of the year
The life and pensions consolidator has found a successor to John Deane
Chesnara to complete Dutch acquisition
"This marks Chesnara's fifth successful acquisition in the Netherlands," CEO John Deane commented
Chesnara raises dividend, says has weathered COVID-19 storm
The post dividend group solvency ratio has risen slightly to 156%
Chesnara raises dividend as cash position stays steady during pandemic
The company’s solvency ratio also rose to 166% compared to 155% at the end of September.
Chesnara hails financial strength as it raises dividend
"The solvency of the group has held up well which has enabled us to continue our dividend strategy"
Chesnara does its sums and bumps up the dividend by 3%
Despite the challenging circumstances, Chesnara's operations at its head office and its divisions, continue to function effectively
Chesnara names former Standard Life Aberdeen CFO Luke Savage as new chairman
Savage will also serve as chairman of the company's nominations and governance committee, and as a member of its remuneration committee.
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Chesnara expands its Netherlands business with earnings enhancing £25mln deal
It is acquiring life products and savings plans from the Belgian-owned Argenta Bank-en Verzekeringsgroep
Chesnara confident about dividends going forward
Chesana also the balance sheet strength to make further acquisitions both in the Netherlands and UK,
Chesnara is 'flexible and lower-risk' than closed-life peers says Peel Hunt
The broker upgraded the life insurance consolidator but said it needs to find "new synergies in the funds it manages" or to carry out new deals
ReAssure to float in London as part of spin-out from parent Swiss Re
The closed-book specialist is the sixth largest life insurance group in the UK by total assets
Chesnara expects market unrest to lead to more acquisition opportunities
Economic value fell 13% to £626mln due to falling bond and equity prices and a stronger pound
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