JPMorgan upgrades L&G, downgrades Phoenix
8th Aug 2022 08:03
(Sharecast News) - In a note on the UK life insurance sector on Monday, JPMorgan Cazenove upped its stance on Legal & General but downgraded M&G and Phoenix Group.
Read morePhoenix Group to buy Sun Life for £248m
4th Aug 2022 07:55
(Sharecast News) - Phoenix Group said it was buying closed book UK life insurance company Sun Life for £248m.
Read moreDirector dealings: Bank of Cyprus director invests, Phoenix CEO covers tax bill
30th Mar 2022 13:39
(Sharecast News) - Bank of Cyprus disclosed a series of purchases made by a non-executive board member on Wednesday, worth almost £0.4m.
Read morePhoenix boosts dividend on 'record' results
14th Mar 2022 07:01
(Sharecast News) - Phoenix Group has upped its dividend after annual cash generation exceeded expectations, the blue chip life insurer said on Monday.
Read morePhoenix Group chairman takes sabbatical to act as Lord Mayor of the City of London
23rd Feb 2022 07:42
(Sharecast News) - Insurance provider Phoenix Group said on Wednesday that chairman Nicholas Lyons will take a sabbatical from the group in order to take up a one-year term as Lord Mayor of the City of London.
Read moreAbrdn sells 40m Phoenix Group shares in placing
28th Jan 2022 07:55
(Sharecast News) - Abrdn has sold just under 40m shares in Phoenix Group in placing to institutional investors, raising gross proceeds of around £264m.
Read morePhoenix on track to hit cash generation target as profits rise
11th Aug 2021 07:46
(Sharecast News) - UK life insurer Phoenix said it was on track to hit the upper end of its annual cash generation target range as it unveiled higher interim profits on Wednesday.
Read morePhoenix sells Ark Life to Irish Life for £197m
13th Jul 2021 07:05
(Sharecast News) - UK insurer Phoenix Group on Tuesday said it had sold its Dublin-based Ark Life Assurance unit to Irish Life for €230m (£197m) as it started to streamline its European operations.
Read moreSwiss Re offloads half of its Phoenix Group holding
23rd Jun 2021 08:11
(Sharecast News) - Phoenix Group said on Wednesday that Swiss Re has sold 66,199,917 shares in Phoenix, representing about 6.6% of its total issued share capital.
Read morePhoenix Group terminates talks over sale of European businesses
15th Jun 2021 12:46
(Sharecast News) - Long-term savings and retirement company Phoenix Group said on Tuesday that discussions regarding the potential sale of its European businesses have ended.
Read morePhoenix in talks over possible sale of European businesses
18th May 2021 07:28
(Sharecast News) - Phoenix Group confirmed on Monday that it is in advanced talks about a potential sale of its European businesses.
Read morePhoenix ups dividend, posts record cash generation
8th Mar 2021 07:31
(Sharecast News) - Phoenix posted record annual cash generation and an increased dividend as it unveiled new cash targets.
Read morePhoenix Group to acquire full ownership of Standard Life brand
23rd Feb 2021 07:38
(Sharecast News) - Phoenix Group has entered into a new binding agreement with Standard Life Aberdeen, it announced on Tuesday, which will see it sell its SLAL UK investment and platform-related products to Standard Life Aberdeen, and acquire ownership of the Standard Life brand.
Read morePhoenix beats cash target and makes green pledges
3rd Dec 2020 07:02
(Sharecast News) - Phoenix Group said it beat its target for cash generation in 2020 as the closed life insurance company pledged to be carbon neutral by 2025.
Read morePhoenix Group confirms expressions of interest for European business
24th Nov 2020 07:15
(Sharecast News) - Phoenix Group Holdings confirmed press speculation regarding the possible sale of its European businesses.
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