Legal & General Group plc is a UK-based multinational financial services company primarily engaged in life insurance, general insurance, long-term savings, and retirement solutions. Through its core insurance operations, the company offers individual and group life cover, pension risk transfer services for corporate clients, and annuity products designed to generate income in retirement. In addition to its insurance offerings, Legal & General provides deposit-based savings plans and investment-linked solutions for retail customers.
The group’s asset management arm, Legal & General Investment Management (LGIM), operates as one of Europe’s largest institutional investors. LGIM manages a diverse range of equity, fixed income, and multi-asset strategies on behalf of pension schemes, insurers, sovereign wealth funds, and retail investors. The business emphasizes index tracking, liability-driven investment approaches, and sustainable investing mandates, integrating environmental, social, and governance (ESG) criteria across its portfolios.
Founded in London in 1836, Legal & General has grown from a pioneering life assurance society into a global financial services provider. Over its nearly two-century history, the company has expanded its footprint beyond the UK, establishing operations in the United States and mainland Europe. It has been recognized for innovative pension de-risking transactions and for developing digital platforms to streamline policy servicing and customer engagement.
The group is led by CEO Sir Nigel Wilson, who has overseen its strategic diversification and focus on sustainable growth since his appointment in 2012. Under his direction, Legal & General has strengthened its capabilities in retirement income solutions, climate-aware investment products, and partnerships with corporate pension schemes. The company continues to prioritize risk management and long-term value creation for policyholders, shareholders, and institutional clients.
AI Generated. May Contain Errors.
Free LGGNY Stock Alerts