Phoenix Group
#2074
Rank
$7.4B
Marketcap
United Kingdom
Country
Mr. Andrew David Briggs FIA, M.B.E. (Group CEO & Director)
Mr. Rakesh Kishore Thakrar (Group CFO & Exec. Director)
Mr. Antonios Kassimiotis (Group Chief Operating Officer)
Summary
History
The company was founded in 1857 as The Pearl Loan Company and operated from the Royal Oak Public House opposite the Whitechapel Bell Foundry. It changed its name to The Pearl Assurance Company in 1914, when it moved to 252 High Holborn where it was based until moving its head office to Peterborough 1989. In 1990, it was acquired by the Australian insurance group, AMP, and in 2003, Pearl, NPI and London Life were demerged from AMP to become part of Henderson Group.In 2005, the Pearl Group was bought from Henderson Group by Sun Capital Partners and TDR Capital. It acquired Resolution Life in 2008. In 2009, the business was acquired by the Liberty Acquisition Holdings Company , which subsequently renamed itself Pearl Group.In 2010, Pearl Group rebadged as Phoenix Group Holdings. In March 2014, the business sold Ignis Asset Management to Standard Life Investments, the asset management arm of Standard Life.In 2018, Phoenix Group agreed to acquire Standard Life Assurance from Standard Life Aberdeen for £2.9 billion. As part of the transaction Standard Life Aberdeen retained a stake in the combined group.In 2020, Phoenix completed the acquisition of fellow closed book specialist ReAssure Group from Swiss Re.In 2021, it was announced that Phoenix had acquired the rights to the Standard Life brand and had undertaken additional steps to simplify the relationship with Standard Life Aberdeen that had developed since the acquisition of the Standard Life business three years previously.
Mission
Vision
Key Team
Mr. Michael John Eakins (Group Chief Investment Officer)
Ms. Claire Hawkins (Corp. Affairs & Investor Relations Director)
Mr. Andrew Downey (Investor Relations Director)
Mr. Quentin Zentner (Group Gen. Counsel)
Shellie Wells (Head of Corp. Communications)
Ms. Anna Franekova (Corp. Devel. Director)
Ms. Sara Thompson (Group HR Director)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Phoenix_Group
https://in.investing.com/equities/phoenix-group-holdings
https://finance.yahoo.com/quote/PHNX.L/profile?p=PHNX.L
https://www.comparably.com/companies/phoenix-contact/mission
https://www.crunchbase.com/organization/phoenix-group-229b
Mr. Andrew David Briggs FIA, M.B.E. (Group CEO & Director)
Mr. Rakesh Kishore Thakrar (Group CFO & Exec. Director)
Mr. Antonios Kassimiotis (Group Chief Operating Officer)