UK insurer Phoenix Group posts higher half-year profit
08/09/2025 07:24
Sept 8 (Reuters) - British insurer Phoenix Group PHNX.L reported a 25% rise in half-year adjusted operating profit on Monday, helped by growth in its pensions and savings business. The company, which said it was "firmly on track" to deliver its targets, logged 451 million pounds ($608.90 million) of adjusted operating profit for the six-month period ended June 30, compared with 360 million pounds reported last year. ($1 = 0.7407 pounds) (Reporting by Ankita Bora in Bengaluru; Editing by Sherry Jacob-Phillips) ((Ankita.Bora@thomsonreuters.com;))