Phoenix is a group of authorised life assurance companies which are owned by Phoenix Group Holdings.

The principal life companies branded Phoenix are:

• Phoenix & London Assurance Limited; and
• Phoenix Life Limited.

History of Phoenix

In September 2004, Resolution Life Group Limited bought the UK life funds of the Royal & Sun Alliance Group.

This purchase included the UK life funds of Royal & Sun Alliance Life & Pensions Limited and Royal & Sun Alliance Linked Insurances Limited.

In April 2005, Resolution Life went on to buy Swiss Life (UK). At this point, Resolution Life decided to combine the former Royal & Sun Alliance and Swiss Life (UK) funds. All the policies within it were re-branded to Phoenix.

On 15 April 2005, Resolution Life changed the names of Royal & Sun Alliance Life & Pensions Limited to Phoenix Life & Pensions Limited; and Sun Alliance & London Assurance Company to Phoenix & London Assurance Limited.

In September 2005, Resolution Life Group Limited merged with Britannic Group plc to form Resolution plc. Following the merger, Resolution plc was restructured and on 29 December 2005, Royal & Sun Alliance Linked Insurances Limited was renamed Phoenix Life Limited.

Since then, further life businesses from other companies have been transferred and re-branded to Phoenix Life Limited. If you’d like to know more about these transfers, please follow this link.

In September 2006, Resolution plc bought Abbey National plc’s life companies. Abbey National Life plc was then re-branded to Phoenix Life Assurance Limited.

On 1 May 2008, Resolution plc was acquired by Pearl Group Limited.

On 3 June 2008, Scottish Provident International Life Assurance became part of the Royal London Group.

On 1 August 2008, Phoenix Life Assurance Limited became part of the Royal London Group

On 6 February 2009, Scottish Mutual Assurance Limited and Scottish Provident Limited life and pension products were transferred to Phoenix Life Limited, please follow this link for more information www.phoenixireland.ie/fund_mergers.html

On 2 September 2009, Pearl Group (formerly Liberty Acquisition Holdings (International) Company) became the ultimate holding company of the Pearl group of companies. 

On 15 March 2010, Pearl Group changed its name to Phoenix Group Holdings. Phoenix Group is the holding company of the Phoenix group of companies. Follow this link to their website  www.thephoenixgroup.com

If you'd like to see the full list of original life companies now owned by Phoenix Group Holdings please follow this link.