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| Company type | Public |
|---|---|
| LSE: CSN | |
| Industry | Life assurance and pensions |
| Founded | 2004 |
| Headquarters | Preston, Lancashire,United Kingdom |
Key people | Luke Savage (Chairman) Steve Murray (CEO) |
| Revenue | |
| Website | www |
Chesnara plc is a life assurance and pensions business, based inPreston, Lancashire,United Kingdom. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.[2]
The company was established when the life assurance business ofCountrywide was demerged in May 2004.[3] Graham Kettleborough was appointed chief executive at that time and went on to lead the company through the acquisition of a series of other portfolios and businesses.[4] These included City of Westminster Assurance for £70 million in January 2007[5] and the pensions provider, Save & Prosper Group, for £63.5 million in November 2010.[6]
Following the resignation of Kettleborough in December 2014, John Deane was appointed chief executive.[7] The company acquired the Dutch insurance business ofLegal & General for £137 million in April 2017.[8][9]
After Deane stepped down in May 2021, Steve Murray became chief executive.[10] In November 2021, the company bought Robein Leven, a provider of savings accounts, mortgages and annuities, operating in the Netherlands.[11]
The company acquired the UK bonds and legacy pensions business ofCanada Life in December 2024.[12][13] Then, in July 2025, the company announced that it had signed an agreement to acquire the UK life assurance business ofHSBC Life for £260 million, with completion expected in early 2026.[14][15][16] In January 2026, it was announced that Chesnara had completed the acquisition of HSBC Life.[17]