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Resolution Life Group Holdings Ltd, which is registered in Bermuda, is the holding company for several global insurance brands, including AMP Life. [ 9 ] [ 10 ] In 2019, investors in the holding company included JPMorgan Chase , KKR , Nippon Life Insurance Company , Temasek Holdings and a Middle Eastern sovereign wealth fund.
AMP Life is a superannuation, retirement investments and life insurance company based in Australia and New Zealand. It currently employs 1,000 people and manages $55 billion in funds for its 1.5 million [ 1 ] customers. [ 2 ]
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Sir Clive Cowdery (born 26 May 1963) [1] is an English businessman and philanthropist who made a personal fortune in the insurance industry, founding two FTSE100 insurers and a third insurer which has deployed circa $5bn in capital with $90bn in assets, [2] and has since donated large amounts to charity, [3] including the Resolution Foundation which he founded in 2005.
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Resolution purchased Axa Sun Life Holdings Ltd from Axa SA in Autumn 2010. [6] In October 2010 it bought Bupa Health Assurance. [7] In 2011 Resolution merged the UK operations of Friends Provident with the UK life assurance businesses acquired from Axa and Bupa under the name Friends Life. [8] Resolution changed its name to Friends Life Group ...