Resolution Limited is a Guernsey-incorporated investment vehicle which has the stated intent of forcing consolidation in the British life insurance industry.
It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
The firm was founded by entrepreneur Clive Cowdery in 2008 after agreeing a deal to retain the naming rights to Resolution plc, the zombie fund investor he founded which was sold to Pearl Group that year.
The company was established with the intention of completing the leveraged buyout and merger of at least three UK life insurance operators by 2012 and spinning out the enlarged company on the stock market. The first of these, Friends Provident, was acquired in November 2009 for £1.86 billion. Upon completion of the deal Resolution, which obtained a listing on the London Stock Exchange in December 2008, took Friends' place in the FTSE 100 Index. It was relegated to the FTSE 250 in March 2010 but returned to the FTSE 100 six months later.
It purchased AXA Sun Life Holdings Ltd from AXA SA in autumn 2010.