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In the post-war period General Accident acquired several new subsidiaries including the Yorkshire Insurance Company in 1967, despite a higher bid from Phoenix Assurance. By 1975 assets reached £1 billion and by the early 1980s assets were over £3 billion; total premium income was in excess of £1.5 billion, a third of which came from the US, By the late 1980s, General Accident had become ...
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CGU Insurance Limited is an Australian intermediary-based insurance company and forms part of Insurance Australia Group (IAG). [ 1 ] CGU Insurance was formed through the global merger of Commercial Union plc and NZI 's parent company, General Accident plc. [ 2 ]
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]
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24 Cornhill, head office of Commercial Union for much of the 20th century until the move to St Helen's. Commercial Union was established following a conflagration near London Bridge in 1861, known as the Great Tooley Street Fire, which destroyed a number of warehouses and wharves along the River Thames as a result of which the fire insurance companies were hit by a series of massive claims.
Like accident insurance, disability insurance pays the insured directly if they are injured in a way covered by the policy. However, disability insurance only pays if the injury prevents the insured from working. [3] Accident insurance benefits are paid whether or not the insured misses work as a result of the accident.
American National was founded in 1905 by Galveston businessman William Lewis Moody Jr. Today the company offers a wide array of insurance products and services including life insurance, annuities, health insurance, property and casualty insurance, credit insurance, and pension plan services.