UK Insurance Trends

L&G Supporting New Smart Building At Midlands Campus

The construction of Birmingham’s first smart-enabled building, Enterprise Wharf, is now underway at the Innovation Birmingham Campus. Established in 2018 in a joint venture between leading regional property company Bruntwood and Legal & General, Bruntwood […]

Global insurance trends

Funding: Next Insurance Secures $250m

Next Insurance today announced a $250 million new funding round led by FinTLV Ventures and Battery Ventures with participation from CapitalG, Group 11, Zeev Ventures, Founders Circle and G Squared bringing the company’s valuation to $4 […]

Life/Health/Critical illness

L&G Retirement Announces Results for 2020

Legal & General Group today announces its 2020 Annual Results, with Legal & General Retirement Institutional (LGRI) reporting a particularly strong year. LGRI maintained its position as a leader in the UK market in 2020, having […]

News

L&G Buys A Slice of CAA Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a c.£110 million buy-in transaction with the CAA Section of the Civil Aviation Authority Pension Scheme (CAAPS) (“the Scheme”). This […]

News

L&G Buy Into Deutsche Bank Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £570 million pensioner buy-in transaction with the DB (UK) Pension Scheme (“the Scheme”). The Scheme is sponsored by a subsidiary of Deutsche […]

Insurance & Reinsurance

MetLife Completes Reinsurance Transactions With L&G

Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (“MetLife”), announced it has completed four United Kingdom longevity reinsurance transactions with Legal & General Assurance Society Limited (“Legal & General”) in 2020. “Legal & […]

Life/Health/Critical illness

L&G Agrees Bulk Annuity Deal With BHS Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £2.5 million bulk annuity transaction with the Trustee of The BHS Senior Management Scheme (“the Scheme”), securing the remaining members’ […]