Legal & General Reinsurance is the Global reinsurance hub of the L&G Group offering life and annuity reinsurance solutions to our clients.
L&G Reinsurance specialises in providing life reinsurance solutions to companies across the globe. We are part of the L&G Group that has over 180 years of knowledge and expertise in insurance. We aim to deliver bespoke solutions to meet the specific needs of our customers.
Assets under management as of 31 December 2019
Credit rating by Standard & Poor
Credit rating by Fitch
Our mission is to be the global leader in the reinsurance of pension risk, providing long term financial security to the customers of our clients. We strive to become a trusted partner of every company we work with, acting as an extension of their businesses, and creating value in all that they do.
Our purpose is to be economically and socially useful, building a better society for the long term and creating value for our shareholders, suppliers and communities.
We're committed to being economically and socially useful
Our long-term financial sustainability is for the benefit of our customers, employees, shareholders, suppliers and society at large. Our products, services and investments should show both economic and social value for the future.
We're customer led
Our customers are at the heart of everything we do. We develop solutions to build financial resilience and meet their present and future financial goals. We strive to achieve great value and excellent service.
We're fair and transparent
We treat our customers, employees, investors, suppliers and regulators with integrity and openness. It should be easy to understand our intentions, provide us with feedback, challenge us and work with us. There is openness and transparency in how we make decisions and manage risks.
We recognise and reward success, investing in the development and wellbeing of our employees. We strive to be a vibrant business that values inclusiveness and embraces difference, where our people are engaged and empowered to deliver outstanding results.
As life reinsurance specialists, we know that every client’s needs are unique. Therefore creating bespoke solutions that specifically address their business needs and objectives is at the heart of the service we deliver.
L&G was established in 1836 and currently has over 10 million customers around the world offering saving, investment, retirement income and insurance products. We’re not only a top 20 global asset manager, but also the UK’s largest provider of individual life assurance products and a market leader in managing retirement risk for pension schemes, both in the UK and US.
Assets under management - £1.015tn
Annuity assets – £63bn
Direct UK investments - £19.2bn