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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 .
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.
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