Legal & General - A major UK financial services group
- A leading provider of insurance, investment and savings products in the UK
- Established in 1836
- Market capitalisation of circa £ 8bn
- Over 5.75 million customers and almost 10,000 employees
- The Group's primary focus is on the UK but it also has operations in the USA,
the Netherlands, France and Germany.
Financial strength
Financial strength ratings for Legal & General Assurance Society Limited are as follows:
| Rating | |
|---|---|
| Standard & Poor's | AA+ |
| A.M.Best | A+ |
| Moody's | Aa1 |
Customer and adviser recognition
Legal & General has recently received the following awards:- British Insurance Awards 2007: Life Insurer of the Year for the eighth time in ten years
- Specialist Insurer of the Year 2007: Life and Pensions Awards
- Bankhall Protection Provider of the Year 2007: Bankhall members IFAs
- Group Critical Illness 2007: Cover Excellence Awards
- Best Overall Provider 2007: LifeSearch Awards
For an extensive list of other awards we won last year, please see http://www.legalandgeneralgroup.com/about-us/roll-honour.cfm
A leading fund manager
- Legal & General Investment Management ("LGIM") provides fund management expertise to the Group's retail and corporate businesses as well as to trustees of pension schemes and other institutional clients.
- LGIM had some £257bn funds under management as at 30 June 2007.
- LGIM is the largest fund manager of UK pension funds and the largest investor in the UK equities market.
International businesses
- Our business in the USA is one of the country's largest brokerage channel writers of term assurance for high net worth customers. Business is transacted through two subsidiaries - Banner Life and William Penn.
- In the Netherlands, we concentrate on both annual and single premium business for higher income households distributed via independent intermediaries and through banks.
- Our French business sells primarily single premium investment based products through a direct sales organisation.
