In addition to the pension risk transfer stake, Japanese insurer Meiji Yasuda will acquire all of L&G’s U.S. protection business in a total $2.3 billion deal.

Legal & General closes £1.4bn bulk annuity buy-in with Sanofi Pension Scheme To access the premium content on InsuranceERM, you must first sign in to your account. Not registered? Sign up today for ...

For L&G, an ability to participate in this market on a number of fronts, particularly the annuity and international angles, should provide ongoing areas of growth.' Legal & General Group shares ...

Its analysis shows that Legal and General is currently a market leader when it comes to annuity rates. A 65-year-old could turn a £100,000 pension pot into an annual income of £7,400 by ...