Chesnara shares climbed 4.1% to 343.49p on Tuesday, nearing a 52-week high of 352p, after the life insurance group reported a 79% rise in operating capital generation to £96 million for the six months ended June 30, 2026.
The group’s adjusted operating profit increased 46% to £31 million, while cash remittances rose 31% to £73 million. Assets under administration expanded 38% to approximately £21 billion. The board declared an interim dividend of 8.16p per share, a 6% increase, marking the 22nd consecutive year of dividend growth.
The company attributed the performance to the completed integration of the former HSBC Life (UK) business, rebranded as Chesnara Life UK. The acquisition, Chesnara’s largest to date, contributed £51 million to operating capital generation during the period. Analysts noted the day’s gains reflected company-specific momentum rather than broader market or sector trends.
The FTSE 100 edged 0.2% higher at the open, while the FTSE 250, which includes Chesnara, rose 0.1%.
