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Sun Life

Axa restructures, sells last UK operations to Phoenix

Europe | 27 May 16

Axa restructures, sells last UK operations to Phoenix

French insurance giant Axa announced the sale of the remaining parts of its UK business to the Phoenix Group on Friday, and unveiled a new-look global business structure from incoming chief executive Thomas Buberl.

International Adviser

Companies | 25 Apr 16

UK insurer Phoenix poised to buy Axa’s Sun Life

UK insurer Phoenix Group is close to securing a £500m ($717m, €634m) buyout of smaller rival Sun Life from French insurance giant Axa, The Financial Times has reported.

PEOPLE MOVES: Axa, Investec, Miton…

People Moves | 7 Apr 16

PEOPLE MOVES: Axa, Investec, Miton…

Axa Group has announced a high-profile return and a senior appointment. A new role of managing director UK has been created at Investec Wealth & Investment, while significant departures have been announced by Miton and Argonaut.

Sun Life revenue falls, confirms US wealth business closure

Companies | 11 Feb 16

Sun Life revenue falls, confirms US wealth business closure

Net revenue was down by a quarter at Canada’s third largest insurer by assets, Sun Life Financial, during the fourth quarter and full year of 2015. The company also incurred a C$63m (£31.1m, $45.3m, €40.2m) restructuring cost related to the closure of its US wealth business.

PEOPLE MOVES: Momentum, OMI, Sun Life…

People Moves | 12 Jan 16

PEOPLE MOVES: Momentum, OMI, Sun Life…

Board and senior appointments were the name of the game this week with Momentum Pensions and Brown Advisory adding to their boards, while Old Mutual International and Sun Life were among those announcing changes at senior levels.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.