Phoenix Group agrees €230m sale of Ark Life

15-07-2021

Phoenix Group agrees €230m sale of Ark Life

Paul Mahon, CEO, Great-West Lifeco

UK-based specialist consolidator Phoenix Group has reached an agreement to offload Ark Life Assurance Company dac to Great-West Lifeco subsidiary Irish Life Group for a total cash consideration of €230 million.


Phoenix Group, Ark Life, Great-West Lifeco, Mergers & Acquisitions, Specialty Insurance, Insurance, Reinsurance, Paul Mahon, Declan Bolger, Ireland

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