Britain’s L&G Sells US Protection Unit to Japanese Insurer for $2.3 Billion February 7, 2025 By Amy-Jo Crowley, Iain Withers and Yadarisa Shabong Legal & General said on Friday it would sell its U.S. protection business to Japan’s Meiji Yasuda for $2.3 billion...
UK Closer to Mandatory CO2 Disclosures With New Guidelines October 10, 2023 By Alastair Marsh The UK just moved a step closer to requiring companies to provide detailed statements on future carbon emissions reductions that...
Legal & General’s CEO Says UK Must Speed Up Reforms to Lure Investors August 17, 2023 By Laura Benitez The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc Chief Executive...
UK Pension Funds Back Next Phase of Post-Brexit Shakeup in City of London July 11, 2023 By Huw Jones Aviva, Legal & General and seven other pension firms intend to invest 50 billion pounds ($64 billion) in unlisted companies...
Legal & General Hires Santander’s Simoes as CEO June 15, 2023 British insurer Legal & General has hired Banco Santander’s António Simões as its new CEO, it said on Thursday, replacing...
MOVEit Cyber Attack Hits UK Printing Firm Used by Insurers, Brokers and Banks June 15, 2023 By Olivia Solon A UK printing firm that sends mail for clients ranging from major health-insurance providers to multinational banks was a victim...
ESG Backlash Overshadows Power to Drive Better Returns: UK’s Biggest Fund Manager April 27, 2023 By Alastair Marsh The politicization of the acronym ESG risks overshadowing its power to drive returns for shareholders, according to the head of...
Legal & General’s Wilson to Retire After Decade as CEO January 30, 2023 By Loukia Gyftopoulou Legal & General Group Plc’s veteran chief executive officer is to retire after more than a decade at the helm...
When UK Firms Transfer Pension Obligations to Insurers, They See Share Boost: Report June 17, 2020 Most London-listed companies that transferred pension obligations to insurance companies saw their share prices rise by up to 3% more...
Growing Number of UK Insurers Cancel Dividends Amid COVID-19 Concerns April 8, 2020 By Sinead Cruise and Muvija M British insurers canceled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank...