GRE shake-up promises more for shareholders.
Guardian Royal Exchange is to restructure its life business, in a bid to increase dividends to share...
Guardian Royal Exchange is to restructure its life business, in a bidto 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
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