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Nic Nicandrou appointed group CFO at Phoenix

Phoenix Group CFO Rakesh Thakrar to depart

Phoenix Group's 2023 results benefit from strong bulk annuity business

The UK life insurer wrote £6.2bn of bulk purchase annuity premiums (BPA) in 2023

Phoenix chief Andy Briggs confident of M&A outlook following "cups of tea" with executives

Growth in bulk annuities also a driver of growth for UK life insurer

Solvency II reforms not about capital release, says Phoenix CEO

Andy Briggs says matching adjustment eligibility is more important issue

UK regulator approves Phoenix's internal model merger

Integration of Standard Life internal model brings solvency boost

UK insurers remain "conservative and cautious" over 2020 mortality data

Impact of Covid-19 pandemic still to be decided

Phoenix expects big benefits from internal model harmonisation

The UK life insurer expects a major Solvency II surplus from the strategy

Phoenix promotes customer director to CRO

Susan McInnes replaces Wayne Snow

Solvency II risk margin balanced out by transitionals - Phoenix

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