PNXGF News and Press, Phoenix Group Holdings PLC From 05/25/22

Run-off books pose a significant profitability challenge for insurance companies. Three main strategies for addressing it are internal optimisation, outsourcing of certain activities, and selling the closed book to a specialised consolidator. Insurance companies are currently deal...

Aviva has largely finished its corporate restructure, generating GBP 7.5B from the sale of non-core businesses and refocusing around its UK Life (protection and retirement products) and P&C operations. Bulk annuities do offer some opportunities for growth, but management has prior...

My portfolio crossed the mark where I could lock in capital gains, switch decidedly to income stocks and retire today. That is, if these income stocks yield at least some 4.5%. Yield is easy to find, but can it be relied on? For further details see: High Yield And Low Co...

Piotrekswat/iStock via Getty Images Great-West Lifeco's (GWLIF) subsidiary, Irish Life Group, agrees to acquire Ark Life Assurance Company from Phoenix Group Holdings (PNXGF) for a total cash consideration of €230M ($272M). The move bolsters Great-West Lifeco's presence in Ireland...