Group MCEV - £2,378 million
Group IFRS operating profit - £439 million
IGD surplus (estimated) - £1.2 billion and IGD headroom of £0.4 billion
Gearing ratio - new methodology - 44%
Over 5 million policyholders
Around 1200 staff
Member of FTSE 250 index
Listed on the London Stock Exchange
One of ‘Britain’s Top Employers’ – certified by the CRF Institute
Group assets under management - £68.6 billion
Operating Companies cash generation - £817 million
PLHL ICA surplus (estimated) - £1.2 billion
£68.6 BILLION1 ASSETS UNDER MANAGEMENT SERVING OVER
5 MILLION1 POLICYHOLDERS.
Our business manages closed life funds in an efficient and secure manner, protecting and enhancing policyholders' interests whilst maximising value for the Group's shareholders.
As a closed life fund consolidator Phoenix Life focuses on the efficient run-off of existing policies, maximising economies of scale and generating capital efficiencies through operational improvements.
1 As at 31 December 2013.