Phoenix Group sells Irish life company for €230m
Deal will ‘simplify our European operations and accelerate cash release’ from the business
Deal will ‘simplify our European operations and accelerate cash release’ from the business
Firm says that the ‘final’ offer is ‘fair and reasonable’
Plans are underway to roll it out in other markets in Asia
Just over a quarter would not be able to support themselves for a month
Surge in pandemic-driven wealth is pushing investors towards greater flexibility
Acquisition will be carried out via its British subsidiary
Deal will give customers access to a range of life and health insurance products
‘Outdated viewpoints on medical conditions just aren’t relevant anymore’
And add another service for clients
As it continues to seek out books of business to buy
Over a third added family members to their current plan
As 60% believe it has also improved affordability in the market