Abbey Life - Ownership and Business Overview

InsuranceCompany

Abbey Life Ownership

Who owns Abbey Life?

Abbey Life is owned by Phoenix Group Holdings. It was acquired on September 28, 2016.

Abbey Life Business Overview

Where is Abbey Life headquartered?

Abbey Life is headquartered in Bournemouth, United Kingdom.

What sector is Abbey Life in?

Abbey Life is an insurance company.

Insurance M&A Summary in 2016

Out of 60 sectors in the Mergr database, insurance ranked 6 in number of deals in 2016. The largest insurance acquisition in 2016 was StanCorp Financial Group - which was acquired by Meiji Yasuda Life Insurance for $5.0B.

Subscribe to Mergr to view all 377 acquisitions of insurance companies in 2016, including 8 acquisitions by private equity firms, and 369 by strategics.

Abbey Life

Bournemouth, BH8 8AL
United Kingdom,

Abbey Life is a life insurance group that specialises in the management of closed life and pension funds predominantly comprising unit-linked life and pensions policies and annuities in payment. ALAC also manages two with-profit funds, other non-profit funds and a small permanent health insurance book. ALAC is authorised by the PRA and regulated by the FCA and the PRA to carry on long term insurance business in the UK. As at 31 December 2015, Abbey Life had approximately 735,000 policyholders and £10 billion of assets under management.


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