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.

Meiji Yasuda also plans to take a 20% interest in L&G's US PRT business and acquire 5% of L&G's shares from the market.

Legal & General has launched three new index funds for UK and European investors, tracking equity, bond and infrastructure ...

Legal & General (L&G) has sold its US insurance business to Meiji Yasuda for £1.8bn as the firm presses ahead with plans to ...

According to Bloomberg, Meiji Yasuda will acquire full ownership of L&G’s US protection business while also securing a 20% ...

Legal & General Group plans a GBP 1 billion share buyback and growth strategy. Find out why LGGNY stock remains a Buy with ...

Legal & General sells US protection business and 20% stake in US PRT unit for $2.3B to Meiji Yasuda, plans to buy back shares ...

One source familiar with the Gerenali-Natixis tie-up predicted that sell-offs from insurers with asset management businesses, like Legal & General, Royal London and Aviva, would be most likely to ...