as at 29 Oct 2026
Insurance Asset News
ALM & Capital

Phoenix Group 2024 SFCR shows solvency coverage of 151%

By IAN Editorial Desk
News date: 18 April 2024Published 24 May 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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