Archive

• UK regulator proposes internal model levy

  24 March 2017

  Rules on model change remain in force until review takes place

• Phoenix reveals £2bn longevity swap with RGA

  20 March 2017

  Group sets aside £25m for FCA investigation

• Phoenix issues first sterling tier 3 bond

  17 January 2017

  Losses triggered by breach of MCR

• Phoenix boosts solvency with Abbey Life acquisition

  28 September 2016

  Risk of FCA fines passed to Deutsche Bank

• Phoenix pays £935m to acquire Abbey Life

  28 September 2016

  Deutsche Bank sells closed UK life insurer

• Phoenix in talks to acquire Abbey Life

  16 September 2016

  Major deal in the works for closed life insurer

• Phoenix restructuring will eliminate offshore subsidiary

  25 August 2016

  Simplified structure will be better suited to Solvency II

• Phoenix to buy Axa's SunLife and Embassy businesses for £375m

  27 May 2016

  Funds deal with new shares and debt facility

• Solvency II risk margin balanced out by transitionals - Phoenix

  13 May 2016

  Insurer warns that removing risk margin would have knock-on effects

• Insurers to test the limits of MA benefits

  05 April 2016

  Optimisation was one of the terms that stood out in year-end reports, as differences in approaches to asset eligibility and hedging solutions in matching adjustment portfolios emerged. Hugo Coelho reports