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 Assurance Society Limited, a leading UK pension risk transfer provider, has completed a £370 million buy-in for the BAL section of the ...

The BAL section of the Tui Group UK Pension Trust has completed a £370m buy-in with Legal & General (L&G) Assurance Society, meaning that all section benefits are now fully secured ...

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 (LGEN) stock is up today after the investing and insurance company announced the sale of its U.S. protection ...

U.S. corporate pension funding surpluses vaulted higher in January, thanks to a strong month of returns across global ...

Legal & General Assurance Society Limited (“Legal & General”) has completed a £1.4 billion buy-in with the Sanofi Pension Scheme (“the Scheme”), securing the benefits of 4,900 retirees and 5,600 ...

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

Shares in Legal & General soared after the firm announced the sale of its US insurance business to Japanese firm Meiji Yasuda ...