Archive

Phoenix Group's 2023 results benefit from strong bulk annuity business

The UK life insurer wrote £6.2bn of bulk purchase annuity premiums (BPA) in 2023

Rothesay swoops for £6bn Scottish Widows bulk annuity portfolio

The deal will enable Lloyds Banking Group to focus on growing other lines of business

Standard Life completes £114m buy-in with Vector Pension Scheme

TNFD launches consultation on guidance and metrics for insurers

Firms have until 29 March to give feedback on natural-related disclosures

Phoenix Group's bulk annuity business rises 25% in 2023

The UK life insurer was involved in seven BPA deals in second half of last year

Solvency UK reforms unlikely to alter credit investors' view on insurers

Phoenix Group's Rakesh Thakrar described the reforms as a "correction" of previous rules

Phoenix targets 45% women in senior leadership positions by 2025

The UK life insurer has also set objectives for representation of women in its top-paying roles

Phoenix's chief sets out ways UK chancellor can accelerate net zero strategy

Ahead of today's Autumn Statement, Andy Briggs highlighted the role of insurance capital

Transition Plan Taskforce releases guidance for insurers

The guidance states firms should disclose scope 3 emissions

Phoenix upgrades cash generation targets following Part VII transfer

Shares in UK life insurer soars upon news