This communication may contain certain forward-looking statements regarding Legal & General, its plans and current objectives and expectations regarding future financial condition, performance and results. By their nature, forward-looking statements involve uncertainties regarding future events and circumstances beyond Legal & General`s control, including, but not limited to, domestic and global economic and business conditions in the United Kingdom, market risks such as interest rate and foreign exchange fluctuations, the policies and actions of regulatory and governmental authorities, the effects of competition, the temporal effects of these events and other uncertainties related to future acquisitions or mergers in the industries concerned. Accordingly, Legal & General`s actual conditions, performance and future results may differ materially from the plans, objectives and expectations expressed in these forward-looking statements, and those reading this press release should not place undue reliance on forward-looking statements. These forward-looking statements speak only as of the date they are made and Legal & General Group Plc undertakes no obligation to update any forward-looking statements contained in this press release or any other forward-looking statements. Legal & General America retirement products are issued and administered by Banner Life Insurance Company, based in Urbana, MD. Banner products are available in 49 states and the District of Columbia, not New York. #17-019. Nigel Wilson, Group CEO, said: “We are on track to reach more than US$1 billion in less than two years, underscoring our view that the US market can benefit from our extensive experience and decades of experience as a global leader in pension risk reduction.” Our companies, Banner Life Insurance Company and William Penn Life Insurance Company, have been protecting Americans with life insurance for more than 70 years. Today, we are known as Legal & General America and are proud to be among the ninth largest insurers in the world. In 2019, Legal & General America had more than 1.3 million policyholders and ranked among the top five term life insurance providers in the United States, issuing more than $57 billion in new coverage.
See what employees are saying about what makes Legal & General Retirement America a great place to work. These words come from employee feedback on the Trust Index survey™. 800-664-6129 Toll Free301-810-4927 DirectFax: 301-810-4889Hours: 8:00-6:00 ET, Monday to Friday[email protected] With our affordable prices, it`s an easy New Year`s resolution. Kim Lisella Rosenberg, Head of Distribution and Retirement Solutions at LGRA, said: “At the beginning of 2017, there is a growing demand for insurers who are flexible and highly responsive to dynamic customer needs. We intend to be at the forefront of this rapidly evolving market and continue to focus on our highly collaborative approach with our clients. If you want to demystify life insurance or learn how to protect your financial goals, check out our guides to get you started. Protect your loved ones and plan for the unexpected. Find out what types of coverage we offer to cover you and your family. “Through our growing role as a retirement partner in the U.S., we have built an experienced team dedicated to the PRT market. In addition to our sales team based in Stamford, Connecticut, we were also able to leverage the tremendous investment and administration capabilities of our other U.S. units.
Our unique ability to bring a wealth of expertise and experience, combined with the agility and innovation we bring as a young player to the U.S., has been very well received by the market,” commented George Palms, President of LGRA. Legal & General Retirement America Enters into $355 Million Pension Risk Transfer Agreement with Trinity Industries, Inc. Women are more vulnerable to cost-of-living crises, according to a new employee experience report below at Legal & General Retirement America compared to a typical company. 87% of Legal & General Retirement America employees say it`s a great place to work, compared to 57% of employees at a typical American company. Legal & General Retirement America (“LGRA”) closed its first U.S. transaction with Royal Philips` U.S. subsidiary in October 2015 for approximately $450 million. In 2016, new business totaled about $450 million with six additional clients, including the Diocese of Palm Beach, the Foundation Resolution Corporation and the Honolulu Museum of Art. February 23, 2017 – Stamford, CT – Legal & General today announced highlights of its expanding pension risk transfer (“PRT”) business in the United States. We offer tailor-made solutions for the needs of our pension clients.
Our capabilities include: “We are very pleased with our initial successes in the U.S. and see great opportunities in the coming decades. We will continue to invest heavily in our international expansion and intend to be a major player as we gradually expand our position in the U.S. market,” added Kerrigan Procter, CEO of Legal & General Retirement (“LGR”) and recently appointed Group Executive Director of the firm. If you have any questions about your pension, contact [email protected] Legal & General`s Global Pension Risk Transfer Monitor forecasts a strong H1 2022 with UK market poised for second biggest year in history Legal & General`s entry into the US PRT market combines over thirty years of PRT expertise in the UK with its proven investment capabilities in the US.