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UK matching adjustment benefit rises to £78bn
09 July 2024More business for bulk annuity insurers, as interest rates dip
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Life back-book consolidators shrug off threat from rising rates
09 August 2022Rising interest rates are unlikely to stop life insurers from selling their legacy liabilities to consolidators, as many other incentives for doing deals remain. David Walker reports
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UK regulator approves Phoenix's internal model merger
14 September 2021Integration of Standard Life internal model brings solvency boost
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Phoenix expects big benefits from internal model harmonisation
12 August 2021The UK life insurer expects a major Solvency II surplus from the strategy
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Swiss Re forecasts mild solvency uptick after selling Phoenix stake
23 June 2021Sale unlikely to fully repair 17 points fall in SST ratio in 2020
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L&G's £30bn portfolio transfer to ReAssure cleared by court
24 August 2020Transaction had been stalled due to Covid-19
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ReAssure purchase bumps up Phoenix's cash generation
06 August 2020Phoenix also goes ahead with dividend payment
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Life and health is sole source of profit for Swiss Re, amid pandemic
31 July 2020Reinsurer confirms forecast of $1.1bn first-half loss
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Swiss Re forecasts $1.1bn in H1 losses
23 July 2020Reinsurer also completes sale of ReAssure to Phoenix
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Swiss Re announces next chief underwriter, disbands life unit
19 June 2020Thierry Léger to replace Edi Schmid