Search results
Results From The WOW.Com Content Network
In 2010, Pearl Group rebranded as Phoenix Group Holdings. [9] In March 2014, the business sold Ignis Asset Management to Standard Life Investments, the asset management arm of Standard Life. [10] In 2018, Phoenix Group agreed to acquire Standard Life Assurance from Standard Life Aberdeen for £2.9 billion.
Resolution Life Group Holdings Ltd, which is registered in Bermuda, is the holding company for several global insurance brands, including AMP Life. [ 9 ] [ 10 ] In 2019, investors in the holding company included JPMorgan Chase , KKR , Nippon Life Insurance Company , Temasek Holdings and a Middle Eastern sovereign wealth fund.
In 1851, the oldest predecessor of The Phoenix Companies, The American Temperance Life Insurance Company, was founded.The American Temperance Life Insurance Company was a part-mutual, part-stock company that insured only those who abstained from alcohol and was founded by a group of prominent Hartford businessmen as well as religious and civic leaders.
In January 2007, the head of Standard Life's life and pensions business, Trevor Matthews, used the racist phrase "nigger in the woodpile" while giving a presentation at one of the company's Edinburgh offices. After issuing an apology, Mr Matthews remained in his job and no disciplinary action was taken.
Chief executive, Phoenix Group Andy Briggs MBE (born March 1966) is a British businessman and chief executive of Phoenix Group . [ 1 ] He previously served as the Aviva Chief Executive Officer UK Insurance and Global Life and Health as well as the Government Business Champion for Older Workers and NSPCC trustee.
This page was last edited on 28 January 2023, at 10:16 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The Company became wholly owned by Lloyds TSB in 1996 [2] and absorbed Hill Samuel Life Assurance Company in 1998. [2] It lost its sales force in 2000 when it closed to new business. [2] In 2007, Lloyds Banking Group sold the Company to Deutsche Bank. [3] On 30 December 2016 Abbey Life was acquired by the Phoenix Group. [4]
The name of the company upon its formation in May 2000 was CGNU plc and was created when Norwich Union merged with insurer CGU. [7] In April 2002, the company's shareholders voted to change the company name to Aviva plc, an invented palindrome word derived from "viva", the Latin for 'alive' and designed to be short, memorable and work worldwide.