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Allied Dunbar was a large British life assurance group. In its early years it was known as Hambro Life Assurance and was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. However, it was acquired by BAT Industries, merged with Eagle Star, and sold to Zurich Financial Services in 1998.
In 1971, he went on to found Hambro Life Assurance, subsequently called Allied Dunbar, [1] where he was managing director until 1983 (it is now part of Zurich Financial Services), and grew the corporation to become the largest unit-linked life assurance company in the UK, operating in the insurance broker market as well as building up a sales ...
In 1965, Sandy started his career as a computer programmer, writing the first ever UK life assurance ‘search engine’ program in 1967. He remained in the insurance industry throughout his early career, rising to become Chief Executive of Allied Dunbar, Executive Chair of Eagle Star and Threadneedle Asset Management before they were ...
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Former Eagle Star building on The Headrow in Leeds. Former Eagle Star Insurance building at the Regent Centre, Gosforth, Newcastle upon Tyne. The Company was founded by Edward Mountain in 1904 as the British Dominions Marine Insurance Company, which operated as a marine insurance office in the five principal overseas Dominions. [2]
In 2016, Allied expanded into South America with a full-service office in Santiago, Chile, and in 2017, grew its sales presence in Mexico. In October 2022, Allied announced they would be changing their name to RS in Q1 2023 as part of an overall rebranding strategy to establish a better connection across RS Group’s products and services. [ 5 ]
However, on 2 March 2010, Prudential PLC, a UK-based financial services and securities company, announced that it would buy AIA for US$35.5 billion. [6] The purchase later fell through, and AIA held an IPO in October 2010, raising approximately HK$159.08 billion (US$20.51 billion), which at the time was the world's third largest IPO ever [ 7 ...
Advent Capital (Holdings) PLC, Advent Capital, based in London, in the U.K., provides specialty property and casualty insurance, operating through Syndicates 780 and 3330 at Lloyd's London (100%-owned by Fairfax).