Phoenix Group 2024 SFCR shows solvency coverage of 151%
By IAN Editorial Desk
18 April 2024·Updated 24 August 2026·2 min read
By IAN Editorial Desk Phoenix Group today published its 2024 Solvency and Financial Condition Report (SFCR), showing a Group Solvency II surplus of £3.5...
Phoenix Group today published its 2024 Solvency and Financial Condition Report (SFCR), showing a Group Solvency II surplus of £3.5 billion and Own Funds in excess of both SCR and MCR throughout the year. The disclosures sit alongside a shareholder capital coverage range of 140–180% and continued growth in operating cash generation.
SFCR structure and regulatory basis
Phoenix Group prepared…
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