Legal & General Grou (LGGNY) 14.7700 $LGGNY A.M
Post# of 273254
A.M. Best Affirms Ratings of Legal & General Group Plc's US Operations
BusinessWire - Fri Aug 26, 12:01PM CDT
A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit ratings of "aa-" of Banner Life Insurance Company (Banner Life) (Frederick, MD) and William Penn Life Insurance Company of New York (William Penn) (Valley Stream, NY). Banner Life and William Penn are collectively referred to as the Legal & General America Group (LGA) and represent the U.S. operations of the ultimate parent, Legal & General Group Plc (L&G), a worldwide insurance organization headquartered in the United Kingdom. The outlook for each rating is stable.
A.M. Best Affirms Ratings of Legal & General Group Plc and Legal and General Assurance Society Limited
BusinessWire - Fri Aug 26, 12:00PM CDT
A.M. Best has affirmed the issuer credit rating (ICR) of "a" of the non-operating holding company, Legal & General Group Plc (L&G) (United Kingdom). Concurrently, all issue ratings on debt instruments issued or guaranteed by L&G have been affirmed. At the same time, A.M. Best has affirmed the financial strength rating of A+ (Superior) and the ICR of "aa-" of Legal and General Assurance Society Limited (United Kingdom), the largest operating insurance company in the L&G group. The outlook for each of the ratings is stable. (See below for a complete listing of issue ratings.)
Directorate Change - Mark Gregory announces his intention to retire from Legal and General
M2 - Fri Feb 05, 6:20AM CST
Legal & General Group Plc ('Legal & General' or the 'Company' or 'Group') today announces that Mark Gregory, the Group Chief Financial Officer, has informed the Board of his intention to retire from the Group on 31 January 2017.
Directorate Change - Mark Gregory announces his intention to retire from Legal & General
M2 - Thu Feb 04, 5:22AM CST
Legal & General Group Plc ('Legal & General' or the 'Company' or 'Group') today announces that Mark Gregory, the Group Chief Financial Officer, has informed the Board of his intention to retire from the Group on 31 January 2017.
L&G to sell Suffolk Life to Curtis Banks
M2 - Fri Jan 15, 5:34AM CST
Legal & General Group plc has today announced the sale of Suffolk Life, one of the UK's leading providers and administrators of SIPPs, to Curtis Banks Group plc for GBP45 million. The acquisition is subject to an underwritten placing by Curtis Banks Group plc, and regulatory approval, both of which are expected in the first half of 2016.
Legal & General to use Internal Model
M2 - Mon Dec 07, 6:31AM CST
Legal & General Group Plc is pleased to confirm that it will be using its internal model in calculation of Solvency II capital requirements following notice received from the Prudential Regulation Authority.
John Stewart to Retire in 2016
M2 - Mon Nov 16, 11:25AM CST
Legal & General Group Plc -- John Stewart, Chairman of Legal & General Group Plc since 2010, has informed the Board of his intention to retire during 2016, following the identification and appointment of a successor. The Senior Independent Director will lead the Nominations Committee process for the identification and appointment of John's successor.
Boston Private elects Lizabeth H Zlatkus to its board of directors
M2 - Fri Jul 03, 3:02AM CDT
Boston Private Financial Holdings Inc (NASDAQ:BPFH) revealed on Friday that Lizabeth H. Zlatkus has been appointed to its board of directors and also to the board of Boston Private Bank & Trust Company, its wholly owned subsidiary.
BPFH: 12.81 (+0.15)
United Kingdom Creditor Insurance Market 2015 - Key Trends and Opportunities to 2018
M2 - Wed May 27, 11:48AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ff9r5b/creditor) has announced the addition of the "Creditor Insurance in the UK - Key Trends and Opportunities to 2018" report to their offering. This report is the result of extensive research on the creditor insurance industry in the UK, covering the market dynamics and competitive landscape through insights and forecasts. It also discusses key products and distribution channels, and gives an overview of the leading companies in the category. Summary - The report provides market analysis, information and insights into the UK creditor insurance business. - It also provides a snapshot of market size, market dynamics and market segmentation. - The report analyzes key drivers and the outlook for the market. - It summarizes news and regulatory developments in the category. Key Highlights - How did the creditor insurance market perform in the wake of the crisis until 2014? - What are the forecast market sizes and growth rates for creditor insurance to 2018? - How has the PPI mis-selling scandal impaired the category and what effects are still to be expected? - What market drivers are expected to have effects on the creditor insurance market and how will those drivers influence future growth? - Which companies have the largest market shares in the category and how important is creditor insurance in their protection portfolio? News and Deals - FCA fines Clydesdale Bank for failings in PPI complaint handling - PPI complaints numbers slowly start to level off - FCA to gather evidence on how the PPI complaints process is working Key Topics Covered: 1 Executive Summary 2 Introduction 3 Market Analysis 4 Competitive Landscape 5 News and Deals 6 Regulation and Compliance 7 Economic Backdrop 8 Company Profiles 9 Statistics 10 Appendix Companies Mentioned - Allianz Plc - Aviva Plc - Axa UK Plc - Direct Line Insurance Group Plc - Genworth Financial Inc. - Great Lakes Reinsurance (UK) - Legal & General Group Plc - Lloyds Banking Group Plc - Pinnacle Insurance Plc - Royal & Sun Alliance Insurance Plc For more information visit http://www.researchandmarkets.com/research/ff9r5b/creditor
GNW: 4.95 (+0.02)
Income Protection and Critical Illness Insurance in the UK - Key Trends and Opportunities to 2018
M2 - Thu Apr 09, 8:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/xtd5j5/income_protection) has announced the addition of the "Income Protection and Critical Illness Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering. This report is the result of extensive research into the income protection and critical illness insurance market in the UK, covering the market dynamics, outlook and competitive landscape. It provides estimates of the market size and projections of new business premiums, and discusses key products and distribution channels. The report also provides an overview of leading companies in the category, alongside details of any strategic initiatives undertaken. Key Highlights - Protection sales remained flat despite adverse market conditions - The income protection and critical illness category is expected to expand at a benign rate - The MMR is expected to highlight protection advice need - Insurers argue protection is the answer to reducing welfare costs - Technology is expected to change protection distribution - ABI shows a rise in protection claims payouts in 2013 Key Topics Covered: 1 Executive Summary 2 Introduction 3 Market Analysis 3.1 Market Size 3.2 Income Protection Insurance 3.3 Critical Illness Insurance 3.4 UK Long-Term Protection Market, New Regular Business Premiums by Category 3.5 The Number of IP and CI Product Sales 3.6 Claims 3.6.1 Claims outlook 3.7 Market Drivers 3.8 Market Outlook 3.9 Distribution Channels 4 Competitive Landscape 4.1 Review - The Best Performers of 2013 4.2 Income Protection and Critical Illness Insurance - SWOT Analysis 4.3 Product Innovation 5 Deals and News 5.1 Legal and General Revealed 60% of Claims are Cancer-Related 5.2 AIG Completes Purchase of Ageas Protect 5.3 ABI Publishes Updated Statement of Best Practice for CI Insurance 5.4 Aviva and Friends Life Agree Terms for GBP5.6 billion deal 5.5 Seven Families Campaign Begins 5.6 Lloyds Cuts Protection Advice Ahead of Intermediary Launch 5.7 Protection Surge Mitigates Aviva Annuity Attrition 5.8 TSB Bank Signs Protection Deal with Legal and General 6 Regulation and Compliance 6.1 Regulatory Changes 7 Economic Backdrop 7.1 Real GDP Growth 7.2 Demographics 7.3 Labor Market 7.4 Housing and Mortgage Market 7.5 Employment and Support Allowance and Incapacity Benefits Claimants 7.6 GDP per Capita and Household Disposable Income 8 Company Profiles 9 Statistics 9.1 Review Period: 2009-2013 9.2 Forecast Period: 2014-2018 10 Appendix Companies Mentioned - Ageas UK Ltd - Aviva Plc - Canada Life Ltd - Friends Life Group Ltd - Legal & General Group Plc - Liverpool Victoria Group - Lloyds Banking Group Plc - Partnership Assurance Group Plc - The Royal London Group - Unum Ltd For more information visit http://www.researchandmarkets.com/research/xt...protection
Term Life Insurance in the UK, Key Trends and Opportunities to 2018
M2 - Tue Jan 13, 3:41AM CST
Research and Markets (http://www.researchandmarkets.com/research/55k3wl/term_life) has announced the addition of the "Term Life Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering. This report is the result of extensive research into the term life insurance market in the UK, covering the market dynamics, outlook and competitive landscape. It provides estimates of the market size and forecasts for the term life insurance market, and discusses key products and distribution channels. The report also provides an overview of leading companies in the category, along with details of strategic initiatives undertaken. Summary - The report provides market analysis and insights into the UK term life insurance business. - It also provides a snapshot of market size and market dynamics. - Furthermore, the report discusses key drivers, distribution channels and the outlook for the market. - It also summarizes deals, news and regulatory developments in the category. Key Highlights - Term life cover remains the most popular protection product. - Softening house-purchase lending activity may restrict new business sales growth;. - The MMR led to a shake-up in the protection advice market. - Providers are expected to simplify products and underwriting. - Budget changes expected to bring more attention to financial planning. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Market Analysis 4 Competitive Landscape 5 Deals and News 6 Regulation and Compliance 7 Economic Backdrop 8 Company Profiles 9 Statistics 10 Appendix Companies Mentioned - Aegon UK Plc - Ageas UK Ltd - Aviva Plc - Friends Life Group Ltd - Legal & General Group Plc - Liverpool Victoria Group - Lloyds Banking Group Plc - Prudential Plc - The Royal London Group - Scottish Friendly Assurance Society Ltd For more information visit http://www.researchandmarkets.com/research/55k3wl/term_life
PUK: 37.08 (+0.42)
Household Insurance in the UK, Key Trends and Opportunities to 2018
M2 - Fri Dec 05, 3:15AM CST
Research and Markets (http://www.researchandmarkets.com/research/9bh9md/household) has announced the addition of the "Household Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering. This report is the result of extensive research into the household insurance industry in the UK, covering the market dynamics, competitive landscape and consumer perspectives through insights and forecasts. It also discusses key products and distribution channels and gives an overview of the leading companies in the category, along with details of strategic initiatives undertaken. Key Highlights: - Household insurance premiums fell in both 2012 and 2013. - The category has remained profitable despite the decline in premium. - Rising expenses and shift in distribution model threaten future profitability. - Direct Line Group remains the largest household insurer as mid-tier companies gain market share. - Premium growth is expected to settle at 1.2% by 2018. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Market Analysis 4 Competitive Landscape 5 Porter's Five Forces Analysis 6 Deals and News 7 Regulation and Compliance 8 Consumer Perspective 9 Economic Backdrop 10 Company Profiles 11 Statistics Review Period 2009-2013 12 Appendix Companies Mentioned - Ace European Group Ltd - Ageas (UK) Ltd - Aviva Plc - Axa UK Plc - Direct Line Insurance Group Plc - Legal & General Group Plc - Lloyds Banking Group Plc - National Farmers Union Mutual Insurance Society - Royal & Sun Alliance Insurance Plc - Zurich Insurance Plc For more information visit http://www.researchandmarkets.com/research/9bh9md/household
Whole Life Insurance in the UK - Key Trends and Opportunities to 2018
M2 - Fri Nov 21, 8:31AM CST
Research and Markets (http://www.researchandmarkets.com/research/f6m2xz/whole_life) has announced the addition of the "Whole Life Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering. This report is the result of extensive research into the whole life insurance market in the UK, covering the market dynamics, outlook and competitive landscape. It provides estimates of the market size and forecasts for the whole life insurance market, and discusses key products and distribution channels. The report also provides an overview of leading companies in the category, along with details of strategic initiatives undertaken. Key Highlights - Whole life insurance remains a hard product to sell. - Providers expected to promote versatility of the whole life cover. - Advisers are finding it difficult to engage clients on protection. - Individually underwritten plans are expected to increase in popularity. - Premium growth is expected to settle at 1.6% by 2018. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Market Analysis 4 Competitive Landscape 5 Deals and News 6 Regulation and Compliance 7 Economic Backdrop 8 Company Profiles 9 Statistics 10 Appendix Companies Mentioned - Axa UK Plc - Aviva Plc - Engage Mutual Assurance - Legal & General Group Plc - Liverpool Victoria Group - Lloyds Banking Group Plc - Old Mutual Plc - Prudential Plc - The Royal London Group - Wesleyan Assurance Society For more information visit http://www.researchandmarkets.com/research/f6m2xz/whole_life
PUK: 37.08 (+0.42)
PRIAC selected to provide longevity reinsurance to Legal & General for a portion of its bulk annuity portfolio
BusinessWire - Mon Oct 27, 7:43AM CDT
Prudential Retirement Insurance and Annuity Company (PRIAC), a Prudential Financial, Inc. (PFI) company (NYSE RU) has announced that it will provide reinsurance to UK based insurer Legal & General Group plc. Under the terms of the agreement, PRIAC will provide reinsurance of longevity risk for a portion of Legal & General's pension bulk annuity business, which provides security to thousands of UK retirees.
PRU: 80.14 (-0.56)
Group Risk Insurance in the UK - Key Trends and Opportunities to 2018
M2 - Thu Oct 16, 8:18AM CDT
Research and Markets (http://www.researchandmarkets.com/research/wb3pxw/group_risk) has announced the addition of the "Group Risk Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering. New business premiums in the group risk insurance category grew by 35.8% in 2012, but fell by 2.9% in 2013. This was a result of a sharp rise in new business at Friends Life in 2012 following its consolidation of Bupa's protection business and Axa's UK life business, and a subsequent decline in group protection sales reported by the insurer in the 2013 PRA returns. The majority of group risk insurers achieved solid results in both 2012 and 2013, receiving a boost in new group protection sales due to the introduction of pension auto-enrolment from October 2012. The group risk insurance category recorded a compound annual growth rate (CAGR) of 1.0% during the review period (2009-2013) to reach a value of GBP293.7 million in 2013. Providers and advisers are expected to benefit from opportunities created by auto-enrolment, as more employers will be willing to consider a wider range of flexible benefits for their staff. Group risk benefits, such as group income protection (IP), group critical illness (CI) or group life schemes, are expected to become more relevant to employers as they aim to reduce sickness absence costs and improve staff retention. Key Highlights - Protection providers deliver strong results in the group risk insurance category. - Auto-enrolment has the potential to widen the appeal of group risk benefits. - The government is launching a new Health and Work Service (HWS) initiative. - Online technical solutions are well received by intermediaries. - The category is forecast to expand at CAGR of 4.5% during the next five years. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Market Analysis 4 Competitive Landscape 5 Deals and News 6 Regulation and Compliance 7 Economic Backdrop 8 Company Profiles 9 Statistics 10 Appendix Companies Mentioned - Aviva Plc - Canada Life Ltd - Friends Life Group Ltd - HSBC Holdings Plc - Legal & General Group Plc - Lloyds Banking Group Plc - Standard Life Plc - The Royal London Group - Unum Ltd - Wesleyan Assurance Society For more information visit http://www.researchandmarkets.com/research/wb3pxw/group_risk
HSBC: 37.81 (-0.62)