Hibernian Group

Hibernian Group

Hibernian Group plc is a large insurance company in Dublin, Ireland. The company also provides investment management and pension services. The company is a subsidiary of Aviva.

Hoover's reports that Hibernian is the largest general insurer in Ireland, with a market share of more than 20%. [ [http://www.hoovers.com/hibernian-group/--ID__91308--/free-co-factsheet.xhtml Hoover's - Hibernian Group plc Information] ]

Subsidiaries of Hibernian Group plc include:
*Ark Life Assurance Company Limited
*Hibernian General Insurance Limited
*Hibernian Health Insurance Limited

(Aviva plc reports [ [http://www.aviva.com/files/reports/2006ar/index.asp?pageid=45 Aviva plc - Annual Report 2006] ] its ownership of Hibernian Life & Pensions Limited as independent of its ownership of Hibernian Group plc.)

The former Norwich Union (Ireland) was merged into Hibernian. [ [http://www.norwich-union.ie Norwich Union (Ireland)] ]

The company found itself at the centre of controversy in June 2008 when it announced that it was to transfer much of its operations to Bangalore India, with the loss of 580 jobs. [ [http://www.rte.ie/news/2008/0624/hibernian.html RTÉ News: Hibernian in talks over 580 job cuts ] ]

Footntotes

References

* [http://ec.europa.eu/comm/competition/mergers/cases/decisions/m1777_en.pdf Discusses the acquisition of Hibernian Group plc by CGU]
* [http://goliath.ecnext.com/coms2/product-compint-0000458843-page.html Goliath - Hibernian Group plc]
* [http://www.business2000.ie/images/pdfs/hibernian_2nd_ed.pdf Business2000.ie - Hibernian]

External links

* [http://www.hibernian.ie Hibernian Group plc]


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