L&G Global Reinsurance Hub
Legal & General Reinsurance is the Global reinsurance hub of the L&G Group offering life and annuity reinsurance solutions to our clients.
Experts in annuity reinsurance
Our specialism is the reinsurance of annuities, particularly pension risk transfer business. Our mission is to guarantee the long-term financial security of our clients’ customers around the world.
Bespoke risk management solutions
Our goal is to create bespoke solutions for our customers to drive their business performance.
Innovation in our DNA
Our proprietary Blockchain-based management system estuare delivers a seamless customer experience.
Delivering innovative risk management solutions
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.
Our mission
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 values and culture
Straightforward
How we communicate: building trust by doing what we say and saying what we mean. We are fair and transparent, open to feedback and always seek to communicate in a fair and genuine way.
Collaborative
How we work together: working together constructively; seeking out originality in ideas and valuing the diversity in our teams. We engage our networks and stakeholders to shape our ideas and manage the impact of our decisions.
Purposeful
How we deliver: balancing performance with principles to do what’s right for the business and our customers. We work with pace and energy, always taking ownership and demonstrating excellent execution.
Our purpose and business principles
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.
Inclusive
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.
Bespoke solutions
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.
Our heritage
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