Chesnara raises dividend as profit increases
31st Mar 2022 08:54
(Sharecast News) - Chesnara increased its dividend as the life and pensions consolidator reported higher annual profit and solid financial strength.
Read moreWednesday broker round-up
12th May 2021 13:55
(Sharecast News) - Air Partner: Canaccord reiterates buy with a target price of 100p.
Read moreChesnara hires Royal London's Steve Murray as new CEO
12th May 2021 11:07
(Sharecast News) - Chesnara has hired Steve Murray from Royal London to replace John Deane who is retiring after six years in charge of the life and pensions company.
Read moreChesnara raises final dividend amid Covid-19 turmoil
30th Mar 2020 11:30
(Sharecast News) - Chesnara shares rose more than 10% after the life insurer said it would increase its final dividend in the midst of turmoil caused by the Covid-19 crisis.
Read moreChesnara appoints Luke Savage as chairman
14th Feb 2020 09:01
(Sharecast News) - Chesnara has appointed insurance industry veteran Luke Savage as chairman of the life and pensions company to take over from Peter Mason with immediate effect.
Read moreChesnara buys portfolio of life and savings policies
22nd Nov 2019 08:11
(Sharecast News) - Life and pensions company Chesnara has acquired a portfolio of term life and savings policies from the Dutch branch of Belgian-owned Argenta Bank-en Verzekeringsgroep.
Read moreWednesday broker round-up
20th Nov 2019 13:27
(Sharecast News) - Burford Capital: Berenberg downgrades to hold with a target price of 810p.
Read moreWednesday broker round-up
28th Aug 2019 12:43
(Sharecast News) - Greggs: UBS upgrades to buy with a target price of 2,300p.
Read moreChesnara shares slip as earnings tumble
29th Mar 2019 11:06
(Sharecast News) - Shares in Chesnara were on the back-foot on Friday, even as it reported a significant improvement in cash generation in its final results to £47.8m, from £28.6m in the prior year.
Read moreL&G sells Dutch arm to Chesnara for €160m
24th Nov 2016 07:31
(ShareCast News) - Legal & General has agreed to sell its Netherlands business to London-listed pensions firm Chesnara for €160m (£135.6m), the latest disposal from the insurer as it looks to consolidate its overseas operations. The sale of the Dutch arm is expected to improve the FTSE 100 company's
Read moreChesnara's H1 pre-tax profit slips, dividend lifted
31st Aug 2016 11:59
(ShareCast News) - Insurance-focused takeover specialist Chesnara has booked a first-half pre-tax profit of £0.24m, from a year-earlier surplus of £30.4m, stating its strategy continued to deliver dividend-supporting cash. "Despite the initial short term impact of the further reduction in yield curv
Read moreChesnara ups dividend as profits rise
28th Aug 2015 11:26
(ShareCast News) - Pension management firm Chesnara upped its interim dividend as first half profits rose from £30.4m to £27.4m. The company's profit figures were by boosted by a gains of £16.2m for the €69.9m acquisition of Dutch firm Waard group, which was completed in May. Chesnara recommended a
Read moreChesnara replaces CEO and buys Dutch insurer
3rd Dec 2014 08:27
Insurer Chesnara said it was replacing its chief executive as it announced plans to buy a Dutch rival and to raise about £35m in a placing. Chesnara said experienced insurance industry executive John Deane would replace Graham Kettleborough, who will stay in his role until at least the end of this m
Read moreFriday broker round-up UPDATE
29th Aug 2014 10:58
Arrow Global: Numis shifts target price from 285p to 287p and leaves its add rating unchanged. Berendsen: Oriel raises target price from 1130p to 1243p keeping a buy recommendation. British Polythene Industries: Investec ups target price from 720p to 750p reiterating a buy recommendation. bwin.pa
Read moreFriday broker round-up UPDATE
28th Mar 2014 12:35
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down
Read more