Business description

Legal & General - A major UK financial services group

  • A leading provider of insurance, investment and savings products in the UK
  • Established in 1836
  • Over 5.8 million customers and approximately 8,500 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 Aa2

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.
 

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Legal & General Group Plc. Registered in England. Registered Number: 1417162. Registered Office: One Coleman Street, London EC2R 5AA. Legal & General Group Plc is a holding company, subsidiary undertakings of which are fully authorised as appropriate under the Financial Services and Markets Act in respect of their investment activities in the UK.
© Legal & General Group Plc 2009

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