Shares provides unbiased commentary, ideas, views and news on stocks, funds, pensions and savings. Company Secretarial team of six. Phoenix Group have acquired ReAssure We are today pleased to announce that Phoenix Group has acquired ReAssure and is now the UK’s largest long-term savings and retirement business. Proposed acquisition of ReAssure Group plc . Swiss Re announced an agreement to sell its U.K. life subsidiary ReAssure Group plc to Phoenix Group Holdings plc. Global reinsurance giant Swiss Re has announced the completion of the sale of its ReAssure Group plc subsidiary to Phoenix Group Holdings plc, following the receipt of all regulatory and antitrust approvals. Confirmation of Intention to Float on the London Stock Exchange. Responsibilities encompass all aspects of Board and Committee management, company law and corporate governance. Andy Briggs, CEO of the Phoenix Group commented: "I am delighted to confirm completion of the acquisition of ReAssure and would like to extend a warm welcome to our … The transaction is another significant milestone on Phoenix’s growth journey and has established Phoenix as the largest long-term savings and retirement business in the UK with circa £300 billion of assets under … As part of the agreement, which values ReAssure at £3.25bn, Swiss Re will receive a cash payment of £1.2bn, shares in Phoenix representing a 13% to 17% stake and be entitled to a seat on its Board of Directors. ReAssure’s Solvency II coverage ratio on a shareholder basis was … Thu 26 Sep, 2019 - 7:16 AM ET. ReAssure Group plc Entity featured on Fitch Ratings. Very Strong Capitalisation: ReAssure Group plc’s capitalisation, as measured by Fitch Ratings’ Prism Factor-Based Capital Model (Prism FBM), is ‘Extremely Strong’ based on end-2018 results. Helping scientists & the medical profession look after cells. Tab navigation. 2019. It focuses on the acquisition and management of closed books. Phoenix Group Holdings plc is pleased to announce the completion of the acquisition of ReAssure Group plc ("ReAssure") from the Swiss Re Group. 6 December 2019 - Sale of ReAssure to Phoenix Group On 6 December 2019, Swiss Re announced an agreement to sell its subsidiary ReAssure Group plc to Phoenix Group Holdings plc. REASSURE GROUP PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Following the announcement by ReAssure on 7 June 2019 regarding the publication of a Registration Document, ReAssure today confirms its intention to proceed with an Initial Public Offering (the "IPO" or the "Offer") and As part of the agreement, which values ReAssure at GBP 3.25 billion, Swiss Re will receive a cash payment of GBP 1.2 billion, shares in Phoenix representing a 13% to 17% stake and be entitled to a seat on its Board of … You have at your disposal scanned copies of official documents submitted by the company at Companies House. FTSE 100 life insurer Phoenix Group is to buy its biggest rival, ReAssure, from Swiss Re in a £3.2bn cash-and-shares deal. The Company offers legal protection for health, as well as investment and fund solutions. Reassure Group serves customers in the United Kingdom. Swiss Re announced today an agreement to sell its subsidiary ReAssure Group plc to Phoenix Group Holdings plc. Whilst this announcement does not impact the existing Phoenix customers, we welcome the new customers to the Phoenix Group. Reassure Group Plc is closed book life insurance consolidator in the United Kingdom. Reassure Group PLC provides insurance services. 5 Phoenix is acquiring 100% of ReAssure Group plc (“ReAssure”) • Consolidator of Heritage life businesses with 23 transactions • Circa 2,900 employees(4) £30bnwith principal operations in Telford and Hitchin • Policy administration mainly in-house on ALPHA platform • Acquisition of Old Mutual Wealth Life Assurance Limited (“Old … Completion of acquisition of ReAssure Group plc. Our website makes it possible to view other available documents related to REASSURE GROUP PLC. Proposed acquisition of ReAssure Group plc The Board of Phoenix Group Holdings plc ("Phoenix" or the "Company" and, together with its subsidiaries, the "Group") is pleased to announce the proposed acquisition of ReAssure Group plc ("ReAssure"), a leading life insurance closed book consolidator in the United … The Board of Phoenix Group Holdings plc ('Phoenix' or the 'Company' and, together with its subsidiaries, the 'Group') is pleased to announce the proposed acquisition of ReAssure Group plc ('ReAssure'), a leading life insurance closed book consolidator in the United Kingdom (the … Total consideration of £3.2 billion to Swiss Re Group (“Swiss Re”) and MS&AD Insurance Group … On 22 July Phoenix Group plc completed the acquisition of ReAssure Group plc from Swiss Re Group. The Board of Phoenix Group Holdings plc ("Phoenix" or the "Company" and, together with its subsidiaries, the "Group") is pleased to announce the proposed acquisition of ReAssure Group plc ("ReAssure"), a leading life insurance closed book consolidator in the United Kingdom (the … The company was founded in 1963 and is headquartered in Telford, the United Kingdom. The position will be based … Credit Ratings, Research and Analysis for the global capital markets. Find out more information about REASSURE GROUP PLC. Great investment tools with live data. Swiss Re has announced an agreement to sell its subsidiary ReAssure Group plc to Phoenix Group Holdings plc. Free registration. NINE MONTHS: News Release: HALF-YEAR: News Release: FIRST QUARTER: News Release. Phoenix Group Holdings plc ("Phoenix" or the "Company" and, together with its subsidiaries, the "Group") is pleased to announce the completion of the acquisition of ReAssure Group plc ("ReAssure") from the Swiss Re Group (the "Acquisition").Andy Briggs, CEO of the Phoenix Group … London, United Kingdom Closed life and pensions consolidator. Total consideration of £3.2 billion to Swiss Re Group ("Swiss Re") and MS&AD Insurance Group … As part of the agreement, which values ReAssure at £3.25 billion ($4.3 billion), Swiss Re will receive a cash payment of £1.2 billion ($1.6 billion), shares in Phoenix representing a 13% to 17% … For over forty years, we have been helping hospitals, research laboratories, pharmaceutical companies and the IVF industry with the safe storage and preservation of … ReAssure Group PLC, the UK closed-book arm of Swiss Re, will aim to float in London with a market cap of £2.8bn-£3.3bn. As previously announced, Swiss Re received a cash payment of £1.2 billion and shares in Phoenix representing a 13.3% stake. ReAssure Group plc. Swiss Re has finally found its exit point from its UK closed life book consolidator business, ReAssure, agreeing to sell the ReAssure Group plc business to the largest pensions and life consolidation specialist in Europe, Phoenix Group Holdings plc in a deal worth UK £3.25bn. Forward looking statements Equity research, broker reports, and media content available to private and non-institutional investors. You can find out more about this sale by visiting reassure.co.uk We don’t expect the transfer of Legal & General policies to be affected by this … Swiss Re announced today an agreement to sell its subsidiary ReAssure Group plc to Phoenix Group Holdings plc. As part of the agreement, which values ReAssure at GBP 3.25 billion, Swiss Re will receive a cash payment of GBP 1.2 billion, shares in Phoenix representing a 13% to 17% stake and be entitled to a seat on its … The group focuses exclusively on the acquisition and management of closed book life insurance policies, with a mission to secure and improve customer outcomes for its policyholders. Proposed acquisition of ReAssure Group plc. REASSURE GROUP PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity ReAssure Group Plc. Swiss Re announced an agreement to sell its U.K. life subsidiary ReAssure Group plc to Phoenix Group Holdings plc. These documents may contain Accounts, Annual … As part of the agreement, which values ReAssure at GBP 3.25 billion, Swiss Re will receive a cash payment of GBP 1.2 billion, shares in Phoenix representing a 13% to 17% stake and be entitled to a seat on its Board of … 2020 2019 2018 2017 2016 2020. ReAssure Group plc Apr 2019 - Present 1 year 7 months. Swiss Re Group Investors Debt Swiss Re Finance (UK) Plc: Financial Statements. ReAssure, part of Phoenix Group are looking to recruit a dedicated Suspense Account Management Representative to join our team within the Customer Services Support function. ReAssure Group plc ReAssure is a leading closed book life insurance consolidator in the UK. Level the playing field with access to the latest investment research. Swiss Re announced an agreement to sell its subsidiary ReAssure Group plc to Phoenix Group Holdings plc. Kingdom closed life and pensions consolidator Analysis for the global capital markets to. 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