Phoenix Group Holdings PLC 2010 AR2
The report highlights Phoenix Group's strategic and financial progress in 2010, including achieving a Premium Listing on the London Stock Exchange and inclusion in the FTSE 250 Index. The Group met all its key financial objectives, generating £734 million in cash from operating companies and increasing its Market Consistent Embedded Value (MCEV) by 15% to £2,104 million. In operations, the Group successfully migrated over 4 million policies from legacy systems onto a modern administration platform. Additionally, customer complaint volumes decreased by 24% compared to 2009.
Company: Phoenix Group Holdings PLC
Sector: Finance & insurance
Country: United Kingdom
Year: 2010
Type: AR2
Pages: 200
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Phoenix Group Holdings PLC
Annual Report And Accounts
The report highlights Phoenix Group's strategic and financial progress in 2010, including achieving a Premium Listing on the London Stock Exchange and inclusion in the FTSE 250 Index. The Group met all its key financial objectives, generating £734 million in cash from operating companies and increasing its Market Consistent Embedded Value (MCEV) by 15% to £2,104 million. In operations, the Group successfully migrated over 4 million policies from legacy systems onto a modern administration platform. Additionally, customer complaint volumes decreased by 24% compared to 2009.
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Document Details
Report Year
2010
Reporting Period
Jan 1, 2010 - Dec 31, 2010
Fiscal Year
2010
Published
Mar 28, 2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees