UK’s Legal & General Launches Fresh UK Lawsuit Against Glencore After Bribery Scandal February 20, 2023 By Upmanyu Trivedi Legal & General Group Plc have launched a fresh lawsuit against Glencore Plc, months after the commodities giant pleaded guilty...
Major UK Asset Manager Divests from Insurer AIG over Climate Policies June 15, 2021 By Alastair Marsh Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming...
European Insurers Are Having a Rough Time This August – Here’s Why… August 29, 2019 By Jan-Patrick Barnert European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings...
Allianz Expansion Plan Includes $1 Billion for UK Insurers May 31, 2019 By Will Hadfield Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming...
Swiss Re Purchases 1.1 Million Life Policies from Legal & General for $873.6M December 6, 2017 Swiss Re has agreed to purchase 1.1 million life insurance policies from UK insurer Legal & General Group (L&G) for...
India’s Bank of Baroda Eyes Sale of Insurer, Asset Management Stakes March 22, 2017 By Anto Antony Bank of Baroda, India’s third-largest state-run bank by assets, is considering a sale of some of the minority stakes it...
Aegon, Transamerica Owner, Sells $4.4B UK Annuity Portfolio to Legal & General May 23, 2016 By Sarah Jones Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., divested the final 3 billion pounds ($4.4 billion) of annuities...
Group of UK Insurers Win BOE Approval for Solvency II Capital Requirements December 7, 2015 By Sarah Jones Prudential Plc, Aviva Plc and Legal & General Group Plc are among large U.K. insurers to win Bank of England...