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Friends Provident was an organisation offering life insurance based in the United Kingdom. It was founded as a mutual Friendly Society for Quakers, although it was demutualised in 2001 and became a publicly listed company, no longer linked with the Religious Society of Friends. On 29 March 2011 Friends Provident changed its trading name to Friends Life, although its registered name remains as Friends Provident〔http://www.cityam.com/news-and-analysis/friends-life-launches-resolution-buyouts〕 The head office was located at 100 Wood Street in London. The registered office is at Pixham End, Dorking in Surrey. It is a member of the Association of British Insurers and is regulated by the Financial Conduct Authority. It was listed on the London Stock Exchange and a constituent of the FTSE 100 Index until being acquired by buyout firm Resolution in November 2009. F&C Asset Management demerged from Friends Provident in 2009.〔(Our history ) F&C Asset Management〕 ==History== The Company was founded by Samuel Tuke and Joseph Rowntree, both Quakers, in 1832 in Bradford as the ''Friends Provident Institution'',〔Milligan's Biographical dictionary of British Quakers in commerce and industry page 581. This refers to a history of the company: ''Friends for life'' by D. Tregonning and H. Cockrell (1982)〕 a friendly society for members of the Religious Society of Friends (Quakers). In 1854 it became a mutual life assurance company. In 1918 it acquired Century Insurance and in 1926 it bought Liverpool Marine & General Insurance.〔(Friends Provident History 1918-1945 )〕 Policies and membership of the Friends Provident Institution were only available to Quakers until 1915. Until 1983, a minimum of five members of the Board of Directors of Friends Provident had to be Quakers. Today, Friends Provident does not have any formal link with the Religious Society of Friends. In 1986 it merged with UK Provident.〔(Friends Provident History 1980-1999 )〕 In 1992 it became a foundation partner in the Eureko Alliance in association with AVCB (The Netherlands), Topdanmark (Denmark) and Wasa (Sweden). As part of this alliance, Friends Provident passed all of its then non UK subsidiaries (primarily in Australia and Canada) into Eureko.〔(Four European Insurers form Eureko )〕 In 1993 it acquired the UK operations of National Mutual of Australia and in 1998 it acquired London & Manchester Assurance.〔 In July 2001 it went through a process of demutualisation and was first listed on the London Stock Exchange.〔(Friends Provident backs IPO plan )〕 As part of the demutualisation the Friends Provident Foundation was endowed as an independent charity.〔(Friends Provident Foundation website, About Us )〕 On 21 January 2008 JC Flowers made a bid of £4bn (175p per share) as an informal offer for the company.〔(JC Flowers in £4bn bid for troubled Friends Provident ), The Times, 21 January 2008〕 Resolution resumed talks with Friends Provident in July 2009 but was rejected twice, though Friends Provident eventually agreed to a takeover in August 2009. The £1.86 billion acquisition closed in November 2009. On 29 March 2011 Friends Provident changed its name to Friends Life.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Friends Provident」の詳細全文を読む スポンサード リンク
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