Spun out of Goldman Sachs in 2007 by chief executive Addy Loudiadis, 57, this London firm manages more than £50bn of assets, insuring the annuity pension schemes of clients such as Asda, the Royal Mail and British Airways. In 2017, Goldman Sachs sold its stake to a consortium of investors in a deal that valued the group at £2bn. It has donated to a Covid-19 support fund that is raising up to £100m for UK charities. It has been ranked on a “new business” profit measure of £958m in 2019, when gross written premiums were £16.6bn.
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