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Top 20 Spotlight - 20: St Andrew's

GROUP HEAD OFFICE St Andrew's House Portsmouth Road Esher Surrey KT10 9SA www.st-andre...

GROUP HEAD OFFICE

St Andrew's House
Portsmouth Road
Esher
Surrey KT10 9SA
www.st-andrews.co.uk

A year in the news

January - March 2008

- February: Parent company Halifax Bank of Scotland reports its general insurance profit decreased by 24% to £232m (2006: £304m), reflecting the £135m cost of the floods in June and July 2007, which outweighed the "positive impact from good volume growth in household insurance".

April - June 2008

- April: Business investment company Caley, established by parent company HBOS with HSBC and Lloyds TSB, confirms it has acquired three businesses from the Erinaceous Group.

- June: St Andrew's Group promotes Andrew Taylor as head of partnerships and appoints Ian Valentine as director of sales and marketing.

July - September 2008

- August: Parent company HBOS reveals its general insurance profit leapt by 64% to £176m in the first six months of the year, in marked contrast to the bank's overall performance. General insurance sales overall rose by 3% to £892m gross written premium, compared with £868m in 2007. Overall HBOS group announces that pre-tax profits fell by more than 70%, from £2.99bn in 2007 to £848m over the same period for 2008.

- August: Parent confirms it is to be taken over by Lloyds TSB.

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