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LGEN Legal & General Group Plc

253.10
2.70 (1.08%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Legal & General Group Plc LSE:LGEN London Ordinary Share GB0005603997 ORD 2 1/2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.70 1.08% 253.10 254.10 254.20 254.80 251.90 252.00 18,420,897 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ins Agents,brokers & Service 36.48B 457M 0.0764 33.29 15.21B

Legal & General Agrees First Pension-Risk Transfer Deal in Canada

24/04/2019 7:43am

Dow Jones News


Legal & General (LSE:LGEN)
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By Adam Clark

 

Legal & General Group PLC (LGEN.LN) said Wednesday it has agreed to its first pension-risk transfer deal in Canada for 200 million Canadian dollars ($149.3 million).

The U.K. insurer said the deal is being written by Brookfield Annuity Co. and Legal & General Reinsurance Co Ltd., as part of a strategic partnership in Canada.

Including the latest deal, L&G has written 2.5 billion pounds ($3.2 billion) worth of international pension-risk transfers since its first deal in 2015.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

April 24, 2019 02:28 ET (06:28 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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