News

Deals: Phoenix Sells Ark Life to Irish Life Group

It’s shaping up to be another very busy week for deals and acquisitions across the insurance sector; Phoenix Group Holdings plc (“Phoenix” and, together with its subsidiaries, “the Group”) announces that it has entered into […]

News

Got a Green Insurtech Idea? Need Funding? Read On

Phoenix Group (“Phoenix”), the UK’s largest long-term savings and retirement business, announces the launch of its first dedicated Venture Capital fund, “Phoenix Venture Capital Partners”, with an initial allocation in excess of £100m. This move […]

Business

Phoenix Group Buys M&S Bulk Annuity

Phoenix Group, the UK’s largest long-term savings and retirement business, today announces that it has completed a £360 million bulk purchase annuity with the Trustee of the Marks and Spencer Pension Scheme. This buy-in marks […]

Insurance & Reinsurance

Update From Phoenix Group on ReAssure Deal

Phoenix Group Holdings plc is pleased to announce the completion of the acquisition of ReAssure Group plc (“ReAssure”) from the Swiss Re Group. Andy Briggs, CEO of the Phoenix Group commented: “I am delighted to […]

News

Is the Insurance Sector Still Deal Hungry? GlobalData Survey Q4 Data Here

The UK insurance industry saw a drop of 6.5% in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database. A total of 29 deals worth $4.86bn […]

News

GlobalData Reveals Top Insurance Sector Deals in December 2019

Total insurance industry deals for December 2019 worth $14.31bn were announced globally, according to GlobalData’s deals database. The value marked an increase of 233.5% over the previous month and a rise of 224.4% when compared […]