Legal & General Group PLC (LGEN.L)
22 Jul 2016
Thu, Jul 14 2016
(The following statement was released by the rating agency) LONDON, July 14 (Fitch) Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Legal & General Group Plc's (L&G) core rated operating entities, Legal & General Assurance Society Ltd, Banner Life Insurance Company and William Penn Life Insurance Company of New York, at 'AA-'. Fitch has simultaneously affirmed L&G's Long-Term Issuer Default Rating (IDR) at 'A+'. The agency has also affirmed the senior unsecured de
* Legal & General Group Plc says Philip Broadley appointed independent non-executive director Source text for Eikon: Further company coverage: (Bengaluru Newsroom)
LONDON, July 7 Legal & General Investment Management said on Thursday it had cut the offer price to zero on its UK Property Fund and Feeder Fund in response to market ructions after the UK's vote to leave the European Union.
* Legal & General books £4.0bn of retirement new business sales in h1 2016, as lifetime mortgages overtake individual annuities
LONDON, June 28 Legal & General's balance sheet has proven resilient following Britain's decision to leave the EU partly because the British insurer trimmed its exposure to riskier assets before the vote, it said on Tuesday.
* Our solvency II surplus is c.£4.9bn, we expect our net cash for half year 2016 to be up 15% and we run an 'a minus' rated credit portfolio of £44.8bn.
LONDON, June 28 British insurer Legal & General has appointed John Kingman as its group chairman, the company said on Tuesday.
June 21 UK insurer Legal & General Group Plc's pension risk transfer business appointed Ashu Bhargava as a director in strategic transactions.
June 15 Legal & General Investment Management (LGIM) said it named Ali Toutounchi as a trustee of the Legal & General mastertrust and a member of the Legal & General independent governance committee.
* 87.57 percent shareholders at AGM vote for proposal on disapplication of pre-emption rights Source text for Eikon: Further company coverage: