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Phoenix Insurance history
Phoenix Insurance company history timeline
2003 – AMP closed Life Companies to new business and demerged them as HHG with Henderson Investors.
2004 – Resolution Life Group Ltd acquired UK Life operations of Royal & Sun Alliance.
The company issued first bonus share on July 1, 2003 and signed agreement with CDBL on December 22, 2004. It started de-mat settlement on January 15, 2005.
2005 – Britannic Group acquired Century Group.
2006 – Resolution PLC acquired Abbey National plc’s Life businesses.
By 2006 Alba Life Limited included policies from Crusader Insurance, Foreman & Staff Mutual Benefit Society, FS Assurance Limited, LAS Investment Assurance (LASIA), LAS Pensions Management (LASPEN) and (Britannia) Life Association of Scotland
2008 – Pearl Group Ltd acquired Resolution PLC and sold open business of Scottish Mutual Assurance Ltd & Scottish Provident Ltd.
2009 – Liberty Acquisition Holdings (International) acquired Pearl Group Ltd.
2010 – Pearl Group changed its name to Phoenix Group Holdings.
A National Provident Life Limited policy that was transferred to Phoenix Life Limited in March 2012
March 2012 fund transfer
A National Provident Life Limited policy that was transferred to Phoenix Life Assurance Limited in June 2015
In 2018, the insurance companies are renamed under a unified Nassau brand and Nassau Life and Annuity Company becomes the flagship.
2018 – Phoenix Group acquired Standard Life Assurance Limited and begins a strategic partnership with Standard Life Aberdeen PLC.
Acquired by AmeriLife in 2021, Saybrus continues to represent Nassau products.
© 2022 Phoenix Life Limited
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Phoenix Insurance competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Allianz Life | 1896 | $7.6B | 1,989 | 145 |
| Voya Retirement Insurance and Annuity Company | - | $818.0M | 1,637 | - |
| John Hancock | 1862 | $31.0M | 6,700 | 73 |
| ISG | 1995 | $2.6B | 2,800 | 215 |
| Penn Mutual | 1847 | $3.7B | 3,140 | 18 |
| Insurance Service Center | 1975 | $1.6M | 30 | 2 |
| Sun Life of Canada | 1997 | $843.7M | 2,591 | 42 |
| Sbli Of Massachusetts | - | $1.4M | 50 | - |
| Forrest T. Jones & Company | 1953 | $68.4M | 100 | 20 |
| ACE Group Holdings Inc | 1999 | $5.3M | 17 | 5 |
Phoenix Insurance history FAQs
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