Phoenix Group Holdings
| Phoenix Group Holdings plc | |
|---|---|
| legal form | Public Limited Company |
| ISIN | KYG7091M1096 |
| founding | 1857 |
| Seat |
Saint Helier , Jersey 
|
| management |
|
| Number of employees | 741 |
| sales | 692 million pounds (772 million euros ) |
| Branch | Life insurance |
| Website | www.thephoenixgroup.com |
| As of December 31, 2015 | |
The Phoenix Group is a British life insurance company . The shares are traded on the London Stock Exchange and are listed on the FTSE 250 Index .
The company is registered on the Channel Island of Jersey . The main offices are in London and Wythall, south of Birmingham .
history
The beginnings of the company go back to 1857 under the name The Pearl Loan Company . In 1914 it was renamed The Pearl Assurance Company and from then on worked in the insurance sector. From 1990 onwards there were numerous takeovers of British life insurers, some financed by investment firms, which were combined in the Pearl Assurance Company .
In 2008 Resolution plc was taken over, which was created in September 2005 through the merger of Resolution Life Group Ltd and Britannic Group plc . With this, the Pearl Group also took over the activities of the former Phoenix Fire Assurance . In 2009, Liberty Acquisition Holdings , an investment vehicle led by Nicolas Berggruen , bought the Pearl Group in a reverse takeover and renamed itself the Pearl Group . The company has been operating under the name Phoenix Group Holdings since March 2010 and operates as a life insurer mainly in the UK insurance market.
In 2019, Phoenix took over Swiss Re's British subsidiary ReAssure.
Individual evidence
- ^ Phoenix Group Holdings Board
- ↑ Executive Management Team
- ↑ a b Annual Report 2015 . Accessed April 22, 2016 (English)
- ↑ History ( overview of activities and takeovers in the life insurance sector )
- ↑ Jeremy Kahn: Billionaire Living Out of Tote Bag Amasses Fortune to Give Away. In: Bloomberg Markets . October 26, 2011, accessed April 27, 2016 . Then came Liberty International Acquisition Co., which went public on the NYSE Euronext in Amsterdam, raising $ 879 million, in February 2008. It acquired UK insurance provider Pearl Group Plc - now called Phoenix Group Holdings - for $ 1.45 billion in September 2009 . "
- ↑ The Phoenix Group Timeline ( overview of the Phoenix Group's takeovers )
- ↑ Swiss Re to sell insurer ReAssure in billion dollar deal. In: handelsblatt.com. December 6, 2019, accessed December 7, 2019 .