Sun Life & Provincial Holdings
Sun Life & Provincial Holdings plc was a large British insurance company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by French insurance company Axa Group in 1996.
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Public | |
Industry | Insurance |
Fate | Acquired |
Successor | Axa Group |
Founded | 1995 |
Defunct | 2000 |
Headquarters | London, UK |
Key people | Lord Douro, (Chairman) |
History
The company was established in 1995 as a holding company for the Sun Life Assurance Society and the Provincial Insurance Company in both of which Union des Assurances de Paris (UAP) of France had acquired substantial holdings.[1]
Sun Life Assurance Society
The Sun Life Assurance Society was a life insurance offshoot, founded in 1810, of the Sun Fire Office.[2] The Head Office moved to Bristol in 1976.[3] UAP acquired 50% of the Sun Life Assurance Society in 1992.[4]
References
- Business.com
- National Archives
- Sun Life by Colin Marriner
- UAP buys Provincial Insurance for £300m The Independent, 30 September 1994
- Mrs JF Trevelyan: Obituary Archived 2011-06-14 at the Wayback Machine The Westmoreland Gazette, 7 November 2008
- Sun Life to buy Axa for £690m The Independent, 3 July 1997
- Sun Life Stock soars as Axa ups bid to £24bn for remaining stake Independent, 3 May 2000
Further reading
- Minnitt, Jack The Sun Life Story 1810-1985, Published 1985
- Westall, Oliver Provincial Insurance Company 1903-1938
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