52 Week Range
As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Phoenix Group Holdings Hikes 2020 Cash Generation Target Range To 1.5-1.6 Bln Stg
Phoenix Agrees 70 Mln Stg Private Placement With Network Homes
Phoenix Group Says It Mandated Joint Lead Managers For Issue Of Tier 2 Notes
Phoenix Group Holdings plc is a United Kingdom-based company that specializes in the acquisition and management of closed life insurance and pension funds. The Company operates through three business segments: UK Heritage, UK Open and Europe. The UK Heritage segment provides a range of life and pensions products. Assets under administration in its open business are held in three product lines: Workplace, Retail pensions and Wrap. It also includes capital-light products. UK Open business relates to its pension and long-term savings products sold under the Standard Life brand. The European segment distributes unit linked life assurance products which have no material guarantees. Its SunLife brand provides customers with a range of specialist products, including life cover, equity release and funeral plans. Its subsidiaries include Phoenix Life Limited, Phoenix Life Assurance Limited, ReAssure Group plc and Abbey Life Assurance Company Limited.
1 Wythall Green Way, Wythall Green
Nicholas Stephen Leland Lyons
Non-Executive Chairman of the Board
Andy H. Briggs
Chief Executive Officer, Director
Chief Executive, Standard Life Assurance Limited and Group Director, Open Business
Chief Executive, Phoenix Life and Group Director, Heritage Business
Group Chief Operating Officer
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Insurer Phoenix Group Holdings Plc <PHNX.L> on Thursday posted an 11% rise in half-year earnings and raised its 2020 cash generation target as it benefited from a flurry of deals with British companies selling their corporate pension schemes.
Insurer Phoenix Group Holdings Plc on Thursday posted an 11% rise in half-year earnings and raised its 2020 cash generation target as it benefited from a flurry of deals with British companies offloading their corporate pension schemes.
Phoenix Group Holdings has agreed to buy the British ReAssure business of Swiss Re for 3.2 billion pounds ($4.1 billion) in cash and shares, the UK insurer's biggest deal to date as it bulks up on policies closed to new customers.
Shares of U.K. insurer Phoenix Group Holdings are appealing for several reasons including their pending inclusion in a key British stock index and a stable, hefty dividend, according to Barron's.
Phoenix Group, Europe's largest owner of life assurance funds closed to new customers, expects Britain's approaching departure from the European Union to push more UK companies to offload risks linked to their pension schemes in 2019.
Phoenix Group Holdings, Europe's largest owner of life assurance funds closed to new customers, reported higher full-year profit and targeted cash generation of 3.8 billion pounds from 2019 to 2023, as companies offload their pension risks.
British life insurer Phoenix Group Holdings <PHNX.L> said on Thursday it beat its cash generation target for 2017 and 2018, as companies continue to offload their pension risks.
British life insurer Phoenix Group Holdings said on Thursday it beat its cash generation target for 2017 and 2018, as companies continue to offload pension schemes.
Britain's Standard Life Aberdeen (SLA) raised its stake in Phoenix Group to almost 27 percent, a filing showed on Tuesday, months after SLA sold the bulk of its insurance business to Phoenix.
Britain's Phoenix Group Holdings <PHNX.L> will seek to buy more European corporate pension schemes, the chief executive said on Thursday after the firm completed its first major bulk annuity purchase earlier this year.
Phoenix Group Holdings expects to generate more cash than its originally targeted 1 billion pounds ($1.28 billion) to 1.2 billion pounds for 2017 and 2018, Britain's largest owner of life assurance funds closed to new customers said on Thursday.
Phoenix Group, Europe's largest manager of books of mature business, on Friday named Nicholas Lyons as chairman, effective Sept. 1.
* STANDARD LIFE ABERDEEN SHAREHOLDERS VOTE IN FAVOUR OF SALE OF STANDARD LIFE ASSURANCE LIMITED TO PHOENIX GROUP HOLDINGS
Standard Life Aberdeen <SLA.L> on Wednesday said it expected to save an extra 100 million pounds a year in 'efficiency savings' by 2020 after it completes the sale of its insurance business to Phoenix Group <PHNX.L>.
Standard Life Aberdeen <SLA.L> plans to return as much as 1.75 billion pounds to its shareholders in the wake of the sale of its insurance business to Phoenix Group <PHNX.L>.
Britain's Standard Life Aberdeen (SLA) <SLA.L> said on Thursday it was considering the potential for a "substantial" return of capital to shareholders after it completes a deal to sell the bulk of its insurance business to Phoenix Group <PHNX.L>.
Standard Life Aberdeen on Thursday said it was considering the potential for a "susbtantial" return of capital to shareholders after its deal to sell the bulk of its insurance business to Phoenix Group closes.
* PHOENIX AND STANDARD LIFE ABERDEEN ARE ACTIVELY PROGRESSING WITH SEPARATION AND INTEGRATION PLANNING FOR PROPOSED TRANSACTION
* CHAIRMAN WILL REMAIN IN OFFICE UNTIL HIS SUCCESSOR HAS BEEN FOUND, IF NOT BEFORE 31 AUGUST 2018. Source text for Eikon: Further company coverage:
* ANNOUNCEMENT OF RT1 ROADSHOW WITH CREDIT INVESTORS AND UPDATE ON STANDARD LIFE ASSURANCE ACQUISITION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.