Guardian Royal Exchange Assurance plc was a large British insurance company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.
History
The company was established through the merger of the Guardian Assurance Company and Royal Exchange Assurance in 1968.[1]
In February 1998 it acquired PPP Healthcare, a private healthcare insurer, for £435m.[2]
In February 1999 it was acquired by Axa of France for $5.7bn and integrated into its Sun Life & Provincial Holdings division.[3]