Yes, Phoenix Group still exists and is a major operating insurance group, particularly referring to Phoenix Group Holdings plc which is the large UK life insurance and pension consolidator based in London, FTSE 100 listed company owning Standard Life, Phoenix Life, and SunLife brands, managing over 280 billion British pounds of assets under administration and serving around 12 million customers in the UK. It continues to operate, pay claims, administer existing life and pension policies, and sell new pension and savings products through Standard Life brand, and remains one of UK's largest long-term savings businesses regulated by Financial Conduct Authority and Prudential Regulation Authority. Its recent financial reports for 2023 and 2024 show continued cash generation and profitability. Phoenix Holdings Ltd in Israel, which is one of Israel's largest insurance groups headquartered near Tel Aviv providing life, health, and property insurance, also still exists and is listed on Tel Aviv Stock Exchange. Phoenix Life Insurance Company in the US, now part of Nassau Financial Group founded in 1851 in Hartford, also still exists administering life and annuity policies. So Phoenix Group in all major markets still exists as operating insurer, not dissolved, though some brands operate as closed book consolidators.
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