Chesnara plc (CSN)

Profile

https://www.chesnara.co.uk

Chesnara plc is a public limited company specializing in life assurance and pensions consolidation across Europe. Headquartered in Preston, Lancashire, United Kingdom, it operates as a holding company that acquires and manages closed books of life and pension policies, primarily in the UK, Sweden, and the Netherlands. Established in 2004 through the demerger of Countrywide's life assurance business, Chesnara plc has grown via strategic acquisitions, including City of Westminster Assurance in 2007, Save & Prosper Group in 2010, Legal & General's Dutch business in 2017, Robein Leven in 2021, Canada Life's UK bonds and legacy pensions in 2024, and most recently, HSBC Life's UK life assurance business in January 2026. Led by Chief Executive Officer Steve Murray and Chairman Luke Savage, the company employs around 378 people and focuses on optimizing mature policy portfolios. As a FTSE 250 constituent, Chesnara plc plays a vital role in the insurance sector by providing efficient management solutions for legacy assurance and pensions products, enhancing value for policyholders and shareholders alike.