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Subscribe nowRising interest rates are unlikely to stop life insurers from selling their legacy liabilities to consolidators, as many other incentives for doing deals remain. David Walker reports
Integration of Standard Life internal model brings solvency boost
The UK life insurer expects a major Solvency II surplus from the strategy
Sale unlikely to fully repair 17 points fall in SST ratio in 2020
Transaction had been stalled due to Covid-19
Phoenix also goes ahead with dividend payment
Reinsurer confirms forecast of $1.1bn first-half loss
Reinsurer also completes sale of ReAssure to Phoenix
Thierry Léger to replace Edi Schmid
Group still targeting £800m to £900m cash generation this year