Chesnara said it remains on track to generate £140 million of cash within the first five years of owning Chesnara Life UK, and that the business, together with the planned Scottish Widows Europe acquisition, is expected to contribute around £1 billion in lifetime cash flows once both deals are fully integrated. The Scottish Widows Europe transaction, announced in February 2026, is expected to add a further €250 million of lifetime cash generation and gives the group a base in Luxembourg.