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Insurance Banks Chesnara

Chesnara says acquisitions delivering early gains

The company said its recent acquisitions are already contributing to performance, reinforcing the life insurer's buy-and-hold consolidation strategy.

by tickstock newsroom
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Chesnara (LSE:CSN), the life insurance consolidator, said its recent acquisitions are showing immediate benefits to the group, though did not disclose specific financial figures.

The company has built its business model around acquiring closed life insurance books and running them for cash generation and dividend support. The group's strategy typically centres on buying blocks of policies from insurers looking to exit non-core markets, then managing them efficiently for shareholder returns.

by tickstock newsroom