Partnership Assurance
Financial Services | |
Traded as | LSE: PA. |
Industry | Financial Services |
Founded | 1995 |
Headquarters | London, United Kingdom |
Key people |
Chris Gibson-Smith (Chairman) Steve Groves (CEO) |
Revenue | £452.6 million (2014)[1] |
£24.1 million (2014)[1] | |
£18.8 million (2014)[1] | |
Website | www.partnership.co.uk |
Partnership Assurance Group plc is a provider of non-standard annuities for individuals with medical or lifestyle conditions. It is listed on the London Stock Exchange.
History
The company was established as a management buyout of the Pension Annuity Friendly Society with funding from Phoenix Equity Partners in September 2005.[2] Cinven acquired the company in August 2008 and it was the subject of an initial public offering in June 2013.[3] In December 2014, Partnership completed the UK's largest medically underwritten bulk annuity transaction – a £206 million ‘top-slicing’ deal with Taylor Wimpey.[4]
Operations
The company is a provider of annuities for people with medical conditions.[3]
References
- 1 2 3 "Results for year ended 31 December 2014" (PDF). Partnership Assurance. Retrieved 29 June 2015.
- ↑ "Life insurer Partnership Assurance Group tests float appetite". This is money. 13 May 2013. Retrieved 13 September 2013.
- 1 2 "Cinven eyes £1bn float for Partnership Assurance". The Telegraph. 13 May 2013. Retrieved 13 September 2013.
- ↑ "Taylor Wimpey Annual Report and Accounts 2014". Taylor Wimpey. 29 June 2015. Retrieved 20 March 2015.
External links
This article is issued from Wikipedia - version of the Thursday, July 02, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.