Legal & General Reinsurance Company Limited (L&G Re) is the global reinsurance hub of the
Legal & General Group. We specialise in the reinsurance of annuity, longevity and mortality risks by providing bespoke solutions to meet the risk and capital management needs of our clients.
L&G Re is based in Bermuda and engages with clients located in strategic territories across the globe. We are licensed by the Bermuda Monetary Authority and have credit ratings of A+ from both Standard & Poor’s and Fitch. We have a strong balance sheet with £5.8 billion ($7.2 billion) of assets under management at 31 December 2016.
We are active members of Bermuda International Long-Term Insurers and Reinsurers (BILTIR). BILTIR was created to serve as a formal association representing the long-term insurers and reinsurers in Bermuda. The primary focus of BILTIR is to act as an advocate for Bermuda’s life and annuity industry for public policy that supports the industry marketplace.
Legal & General SAC
Legal & General SAC Limited (L&G SAC) is a wholly owned subsidiary of L&G Re, offering a risk transfer vehicle that allows pension schemes access to third party reinsurance.
Legal & General Group
The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies. As at 31 Dec 2016, we were responsible for investing £894 billion ($1,105 billion) worldwide on behalf of investors, policyholders and shareholders. We guard and look after the financial security of over 10 million customers of our life assurance, pensions, investments and general insurance plans.
Legal & General offers a range of de-risking solutions, which includes buyout, buy-in, longevity insurance and liability-driven investment (LDI), to pension schemes of all sizes. Legal & General has expertise in investment management, all aspects of defined benefit provision as well as an in-depth understanding of mortality trends and longevity risk.
We have been listed on the London Stock Exchange since 1979 and sit within the FTSE 100.
For more information visit our Group website at www.legalandgeneralgroup.com