 | |
 1 Poultry | |
Company type | Public |
|---|---|
| Industry | Insurance |
| Predecessor | Commercial Union General Accident |
| Founded | 2 June 1998 (1998-06-02) |
| Defunct | 30 May 2000 (2000-05-30) |
| Fate | Merged with Norwich Union |
| Successor | Aviva |
| Headquarters | |
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
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
References
- "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.