What is the current revenue of the Phoenix Group depends on which Phoenix Group you mean, but most commonly it refers to Phoenix Group Holdings plc which is a large UK life insurance and pension consolidator based in London and part of FTSE 100, owning brands like Standard Life, Phoenix Life, and SunLife. As of its most recent financial reports for 2023 and 2024, Phoenix Group Holdings reported IFRS revenue and income measures that are complex due to insurance accounting, but its total income including net investment income and other income was around 20 to 25 billion British pounds in 2023, with operating profit and cash generation being key metrics for insurers rather than simple revenue. For example, Phoenix Group reported long-term free cash generation of around 1.5 to 2 billion pounds and operating profit of around 600 to 700 million pounds. Its assets under administration are over 280 billion pounds, making it one of UK's largest long-term savings businesses. If Phoenix Group refers to Phoenix Insurance in Israel, Phoenix Holdings Ltd reported revenue of around 15 to 20 billion Israeli new shekels. If Phoenix Group refers to US Phoenix Companies, revenue is smaller around 1 billion dollars for life and annuity business under Nassau. So for UK Phoenix Group Holdings, current revenue is roughly 20 billion pounds total income.
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