Inactive Instrument

Co-Operative Group Ltd

Food Retail & Distribution

End-of-day quote London S.E. Other stock markets
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2019	Operative : Funeral firm Dignity reports first quarter profit drop, shares fall	RE
2019	Operative : Britain's Co-op stops kitchen knife sales as stabbings rise	RE

Operative : Supermarket chain Co-Operative Group to sell underwriting arm for $238 million

January 18, 2019 at 01:25 pm EST

(Reuters) - Co-Operative Group Ltd, Britain's sixth largest supermarket group, said on Friday it was selling its insurance underwriting business, CIS General Insurance, to motor insurance specialist Markerstudy for 185 million pounds.

Co-Operative Group also said it signed a 13-year agreement with Markerstudy to distribute motor and home insurance products.

(Reporting by Sangameswaran S in Bengaluru; Editing by James Emmanuel)

Latest news about Co-Operative Group Ltd

Operative : Funeral firm Dignity reports first quarter profit drop, shares fall	19-05-13	RE
Operative : Britain's Co-op stops kitchen knife sales as stabbings rise	19-04-05	RE
Operative : Co-op points to Brexit-challenged 2019, profit flat	19-04-05	RE
Operative : Supermarket chain Co-Operative Group to sell underwriting arm for $238 million	19-01-18	RE
Operative : British funeral industry faces investigation into 'exploitative' prices	18-11-29	RE
Operative : Bank reports nine-month loss of 87 million pounds	18-11-06	RE
Barclays : customers experience app outage in latest IT glitch	18-10-05	RE
Operative : Co-op strikes green plastic bag deal with Italy's Novamont - source	18-10-01	RE
OPERATIVE : MPs criticise RBS and Barclays for online banking outages	18-09-21	RE
Operative : Co-op says can't guarantee to avoid food shortages in 'no-deal' Brexit	18-09-14	RE
Operative : Sainsbury's lags rivals in UK grocery market - Kantar Worldpanel	18-08-21	RE
Britain's biggest banks report 64 payment outages in last three months	18-08-15	RE
Operative : Bank hires new CEO from Lloyds	18-07-09	RE
Operative : Bank CEO quits after less than 18 months	18-06-07	RE
Operative : Britain threatens tougher regulation for pre-paid funeral market	18-06-01	RE
Operative : Sainsbury's to top Britain's Tesco with £7.3 billion swoop on Walmart's Asda	18-04-30	RE
Operative : Co-op reports profit jump, eyes new markets	18-04-06	RE
Paragon Banking : Britain's Co-operative Bank names Bob Dench as chairman	18-02-02	RE
Operative : Funeral company Dignity's shares halve after profit warning	18-01-19	RE
Operative : UK supermarkets say won't run out of cigarettes after P&H's collapse	17-11-29	RE
Operative : Members of UK convenience retailer Nisa back Co-op takeover	17-11-13	RE
Operative : Convenience retailer Nisa's CEO leaves during takeover talks	17-09-30	RE
Operative : Aldi sticks with UK expansion despite profit fall	17-09-25	RE
Operative : move to share wealth hits profit	17-09-21	RE
Operative : Britain's Co-op in exclusive takeover talks for wholesaler Nisa	17-08-30	RE

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Company Profile

Co-operative Group Limited is a United Kingdom-based company, which is engaged in providing food, general insurance, funeral care, legal service and electrical services. The Company's segments include Food, Funeralcare, General Insurance and Other businesses. The Company provides food services to its customers through over 2,800 stores. It also offers a range of home, motor, and pet insurance products. The Company operates approximately 900 funeral homes, and its legal services include probate, making a will, family law, personal injury claims, employment law and conveyancing. It offers electrical products through its online stores. In addition, the Company holds interest in bank business, which offers a range of banking products from mortgages and loans to current accounts, credit cards and saving products, as well as travel business, which operates over 400 travel agencies, a business travel operation, call centers, a specialist cruise operation and over 600 travel homeworkers.

Sector

Food Retail & Distribution

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Other Food Retail & Distribution

Co-Operative Group Ltd

Equities

Food Retail & Distribution

Operative : Supermarket chain Co-Operative Group to sell underwriting arm for $238 million

Latest news about Co-Operative Group Ltd

Chart Co-Operative Group Ltd

Company Profile

Sector Other Food Retail & Distribution