Archive

  • UK matching adjustment benefit rises to £78bn

    09 July 2024

    More business for bulk annuity insurers, as interest rates dip

  • Life back-book consolidators shrug off threat from rising rates

    09 August 2022

    Rising 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

  • UK regulator approves Phoenix's internal model merger

    14 September 2021

    Integration of Standard Life internal model brings solvency boost

  • Phoenix expects big benefits from internal model harmonisation

    12 August 2021

    The UK life insurer expects a major Solvency II surplus from the strategy

  • Swiss Re forecasts mild solvency uptick after selling Phoenix stake

    23 June 2021

    Sale unlikely to fully repair 17 points fall in SST ratio in 2020

  • L&G's £30bn portfolio transfer to ReAssure cleared by court

    24 August 2020

    Transaction had been stalled due to Covid-19

  • ReAssure purchase bumps up Phoenix's cash generation

    06 August 2020

    Phoenix also goes ahead with dividend payment

  • Life and health is sole source of profit for Swiss Re, amid pandemic

    31 July 2020

    Reinsurer confirms forecast of $1.1bn first-half loss

  • Swiss Re forecasts $1.1bn in H1 losses

    23 July 2020

    Reinsurer also completes sale of ReAssure to Phoenix

  • Swiss Re announces next chief underwriter, disbands life unit

    19 June 2020

    Thierry Léger to replace Edi Schmid