REASSURE LIFE LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. REASSURE LIFE LIMITED 2020-05-27 → present
2. OLD MUTUAL WEALTH LIFE ASSURANCE LIMITED 2014-09-19 → 2020-05-27
3. SKANDIA LIFE ASSURANCE COMPANY LIMITED 1979-12-31 → 2014-09-19
4. MACKSTON LIMITED 1978-04-19 → 1979-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a result of this review, the Directors believe the Company has adequate resources to continue in operational existence over the going concern period assessed up to 30 June 2026. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. REASSURE LIFE LIMITED · parent
   1. Quilter Investors Limited Global Dynamic Equity Acc A 84.53% · England and Wales

Significant events

• “In February 2023 it was announced that the Company's policies would be transferred from Alpha, the ReAssure in-house administration system, to an administration system managed by an outsource provider, Diligenta Limited, a subsidiary of Tata Consultancy Services Limited. Release 1 delivered the migration of annuity products in September 2024. In March 2025 a decision was taken to cancel further planned policy migrations and instead continue to utilise Alpha, in partnership with Wipro, a leading global technology company who will assume responsibility for the platform and manage servicing of the remaining policies.”
• “On 21 November 2024, the Company transacted a capital reduction of £50m following shareholder approval and supported by a solvency statement from the Board, increasing distributable reserves through a transfer from the Share Capital Account to the Profit and Loss Account.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

12

last 12 months

Capital events

1

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -7.6%

  £119,000,000 → £110,000,000

• Cash

  -66.7%

  £3,000,000 → £1,000,000

• Net assets

  -43.8%

  £178,000,000 → £100,000,000

• Employees

  —

  Not reported

• Profit before tax

  +3.8%

  £52,000,000 → £54,000,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers