"In 1999, when NPI was the UK's 17th-largest life insurer, the organisation was taken over by Australian financial giant AMP.
In December 2003, Pearl, NPI and London Life were de-merged from AMP to become part of a new UK company called HHG.
Twelve months later, in December 2004, the HHG board accepted an offer of over £1 billion for Pearl, NPI and London Life and, in April 2005, the three companies became part of the newly formed Pearl Group Limited.
Pearl Group is backed by two large investment organisations, Sun Capital Partners and TDR Capital, both of which are committed, experienced and long-term investors, focused on the key areas of importance to policyholders, namely long-term investment returns, financial security and service.
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