Legal & General Share News (LGEN)

Legal & General Completes GBP230 Million Bulk Annuity Deal

Legal & General Enters European Pension Risk Transfer Market

L&G writes 200 mln euro pension transfer deal for Dutch insurer ASR

LONDON, Dec 16 (Reuters) - British insurer Legal & General said on Wednesday it was entering the European pension risk transfer market with a 200 million euro ($218.58 million) deal for Dutch insurer ASR Nederland. Legal & General Re, in cooperation with Hannover Re is taking on the risk

Legal & General to cease quarterly reporting

(ShareCast News) - Legal & General has announced it will cease quarterly reporting in 2016. It follows regulatory changes that removed requirements for Interim Management Statements, a position it advocated for earlier this year. In a letter to all the FTSE 350 boards in June, the company said it b

Legal & General Ends Quarterly Reporting In Support Of Long Termism

Broker tips: UK life insurers, Entertainment One, Micro Focus International

(ShareCast News) - Shares in UK life insurers will catch-up with their European peers next year after underperforming in 2014, as Solvency II proved to be a more acute headwind for them, Nomura told clients on Thursday. Yet developments for them had generally been better than expected for them, so c

UK life insurers set to catch up next year, Nomura says

(ShareCast News) - Shares in UK life insurers will catch-up with their European peers next year after underperforming in 2014, as Solvency II proved to be a more acute headwind for them, Nomura told clients on Thursday. Yet developments for them had generally been better than expected for them, so c

LONDON MARKET CLOSE: OPEC-Hit Oil Prices Wipe Out UK Stock Gains

LONDON MARKET MIDDAY: US Stocks To Add Gains On Economic Confidence

UPDATE 1-Prudential likely to be first UK insurer to announce Solvency II ratios

(Adds Aviva, Standard Life, Admiral plans, share prices) By Carolyn Cohn LONDON, Dec 7 (Reuters) - Britain's largest insurer Prudential said on Monday it would give an update on its capital position under new EU Solvency II rules on Jan. 19, ahead of other insurers who plan to issue r

BUZZ-UK Insurers: BoE's green light for capital models lifts stocks

** British insurers up after BoE on Saturday approves their capital calculation models, enabling them to lower costs under new rules ** BoE's nod means the insurers can use internal models to determine how much capital they hold to ensure they can meet policyholder commitments under EU Solv

Prudential likely first UK insurer to announce Solvency II ratios

LONDON, Dec 7 (Reuters) - Britain's largest insurer Prudential said on Monday it would give an update on Jan 19 on its capital position under new European Union Solvency II rules, ahead of other insurers who aim to issue ratios alongside annual earnings statements. Prudential, Aviva and the

RSA, Prudential, Legal & General get green light on Solvency II rules

(ShareCast News) - Three major UK insurers said they had received approval to use their internal models to comply with the new European-wide Solvency II requirements to protect against financial shocks. RSA, Prudential and Legal & General are among 19 companies to get full or partial approval for th

Bank Of England Approves Solvency II Models For 19 UK Insurers

Bank of England gives insurance firms go-ahead on Solvency II plans

(ShareCast News) - The Bank of England has approved the internal capital calculation models of 19 insurance firms, including Lloyd's of London, Aviva, RSA and Prudential. The endorsement means that the firms can use an internal model to determine the amount of capital they need to set aside to prote