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

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 Group agreed to sell its U.S. protection entity, which includes its local pension risk transfer business, to Japanese life insurer Meiji Yasuda in a $2.3 billion deal. L&G will ...

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

Following the deal, Meiji Yasuda will own L&G's US protection business and have a 20 per cent economic interest in its ...

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

As indicated at its Institutional Retirement Deep Dive in December 2024, Legal & General completed £10.5 billion of global Pension Risk Transfer (PRT) in 2024, comprising £8.4 billion in the UK and £2 ...

Legal & General Group agreed to sell its U.S. protection entity, which includes its local pension risk transfer business, to Japanese life insurer Meiji Yasuda in a $2.3 billion deal. L&G will ...