GRE shake-up promises more for shareholders.

Guardian Royal Exchange is to restructure its life business, in a bid
to increase dividends to shareholders.

The insurer has sold a large proportion of Guardian Life and Annuity Fund
to PPP Lifetime Care for £220m, which will allow GRE to distribute all the
profits from critical illness and term assurance to shareholders.

The Group recently bought PPP Healthcare for £435m and will now inject
£300m of new capital into it to develop the business.

The capital injection , together with future business

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: