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Chesnara buys Dutch insurance group for £55m

Fri, 05/12/2014

The Dutch-based Waard Group, which consists pf three insurance companies and a servicing company, has been acquired by Chesnara. The £55.1m deal is part of Chesnara’s strategy of buying life and pensions businesses in the UK and Western Europe. Chesnara is a holding company which owns life insurance companies such as Protection Life Company and Countrywide Assured.