Swiss Re today announced the sale of ReAssure to Phoenix Group Holdings, subject to regulatory approval.6 December, 2019
Phoenix Group Holdings is a FTSE 100 listed company. The Group currently has around 10 million policyholders and £245 billion of assets held by the Group’s life companies, which includes Phoenix Life and Standard Life. The Phoenix Group operates primarily in the UK and specialises in taking over and managing closed life and pension funds.
We don’t expect today’s announcement to have an
Change to Volatility Ratings used for Ark Life Funds8 January, 2015
A volatility rating indicates the level to which the unit price of the fund may move up and down when compared to another fund. We have now implemented a change to our ratings in order to reflect the guidelines set out by the European Securities and Markets Authority (ESMA) on volatility ratings.
To find out more about this change click here: Change to Volatility Ratings January 2015
Ark Life Sale to Guardian Financial Services29 September, 2014
Following receipt of the Central Bank of Ireland’s approval, Guardian Financial Services completed its acquisition of Ark Life Assurance from Allied Irish Bank on 7 May 2014. This follows the announcement on 17 December 2013 of Guardian’s successful bid for Ark Life.
There is no impact to Ark Life customers as a result of the sale.
Guardian Financial Services is a life assurance group which