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Chesnara plans more acquisitions after buying HSBC Life and Scottish Widows Europe.

Company Fundamentals
24 Mar 2026
Proactive Investors
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Bullish
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Chesnara PLC, a London-listed life insurance consolidator, announced two major acquisitions: HSBC Life (UK) and Scottish Widows Europe SA, expanding its assets and European presence. These deals were supported by a £140 million equity raise and a £150 million bond issuance, strengthening the group's capital. The company reported strong 2025 results, including a 42% rise in adjusted operating profit and a 10% increase in assets under administration. Chesnara's solvency ratio also improved significantly, and the board recommended a 6% higher final dividend, signaling confidence in future growth and further M&A opportunities.

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