Legal & General

DeFi Technologies Subsidiary Valour Inc. Hits $421M CAD AUM, Record $13.6M CAD Daily Turnover, Wins at XENIX Awards

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星期一, 十二月 11, 2023

Significant Daily Turnover Achievement: The company also achieved a notable daily turnover on December 8th, surpassing $13.6 million CAD in both certificates and ABS, showcasing its strong market presence and investor engagement.

Key Points:

Significant Daily Turnover Achievement: The company also achieved a notable daily turnover on December 8th, surpassing $13.6 million CAD in both certificates and ABS, showcasing its strong market presence and investor engagement.
The XENIX ETF AWARDS Germany 2024, hosted by XENIX, a provider of qualitative ETF ratings, celebrated the achievements of pioneers in the ETF sector.
Secondly, Valour witnessed a daily turnover surpassing $13.6 million CAD on December 8th in both certificates and ABS, reflecting robust market engagement and investor confidence.
Our achievements, from these significant financial milestones to receiving prestigious recognition at the XENIX Awards, are a testament to our relentless pursuit of innovation and excellence.

Legal & General America leverages innovation to help close US individual life coverage gap, delivers record-setting, profitable growth

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星期一, 十二月 4, 2023

Policy, CSM, Boundedly generated group, Law, Growth, Legal & General

FREDERICK, Md., Dec. 4, 2023 /PRNewswire/ -- Legal & General America's individual insurance division (LGIA) today announced its best-ever single-year sales volume of $160M Annualized Premium Equivalent (APE), which represents a 39% increase in APE over 2022, continuing its impressive growth trajectory in the United States. With LGIA's year set to close on December 31, the record will continue to expand.

Key Points:

With LGIA's year set to close on December 31, the record will continue to expand.
We are proud to deliver affordable solutions that are helping to close the life insurance coverage gap and creating a brighter tomorrow for our customers and their families."
"We are thrilled at the rapid growth by LGIA and its commitment to technological innovations and underwriting process advancements," said Sir Nigel Wilson, CEO for Legal & General Group.
Additionally, LGIA's term life business is written at profitable margins, generating significant Contractual Service Margin (CSM), or store of future profits on an IFRS 17 reporting basis.

AM Best Affirms Credit Ratings of Legal & General Group Plc and Its Rated Subsidiaries

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星期三, 十一月 1, 2023

AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of the non-operating holding company, Legal & General Group Plc (L&G) (United Kingdom).

Key Points:

AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of the non-operating holding company, Legal & General Group Plc (L&G) (United Kingdom).
The ratings of LGAS, Banner Life and William Penn factor in their strategic importance to L&G, and their integration within the group.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

LifeQuotes.com Salutes Breast Cancer Awareness Month with a Good News Survey: Life Insurance Prices for Recovering Breast Cancer Patients are Lower than Four Years Ago

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星期一, 十月 9, 2023

Zieba continued, "High quality life insurance coverage is often available to breast cancer survivors at very attractive rates.

Key Points:

Zieba continued, "High quality life insurance coverage is often available to breast cancer survivors at very attractive rates.
Breast Cancer Awareness Month is a yearly campaign that intends to educate women about the importance of early screening, checkups, and more.
"Life Insurance Innovation" award winner... Life Insurance Direct Marketing Association
"The premier Web site in terms of details and ease of use..." -- Yahoo!
Life insurance policies described, quoted, shown and illustrated throughout this press release may not be available in all states.

Infratil and L&G Capital Increase Investment in Kao Data to Accelerate High Performance Platform Expansion

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星期五, 十月 6, 2023

Computation, Morrison, Intelligence, United Kingdom, AI, Goldacre, HPC, Society, UK, Growth, Synthetic media, Legal & General, L&G, Security (finance), Cryptocurrency, Law

LONDON, Oct. 6, 2023 /PRNewswire/ -- Kao Data, the specialist developer and operator of high-performance data centres for enterprise, cloud, HPC and AI, has announced that leading infrastructure investment firm, Infratil and Legal & General Capital, the alternative asset platform of Legal & General Group, have increased their equity stakes in Kao Data. Infratil will now hold a majority stake of 53%, Legal & General Capital will hold 32%, and Goldacre NOÉ Group, Kao Data's founding investors, will hold 15%.

Key Points:

Infratil and Legal & General Capital have increased their equity investment in Kao Data to lead the next phase of platform growth across the United Kingdom.
LONDON, Oct. 6, 2023 /PRNewswire/ -- Kao Data , the specialist developer and operator of high-performance data centres for enterprise, cloud, HPC and AI, has announced that leading infrastructure investment firm, Infratil and Legal & General Capital , the alternative asset platform of Legal & General Group, have increased their equity stakes in Kao Data.
Infratil will now hold a majority stake of 53%, Legal & General Capital will hold 32%, and Goldacre NOÉ Group, Kao Data's founding investors, will hold 15%.
Since 2021, Infratil Ltd and Legal & General Capital have together invested in Kao Data, growing the company from a single site data centre developer/operator, to a multi-site platform.

Infratil and L&G Capital Increase Investment in Kao Data to Accelerate High Performance Platform Expansion

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星期五, 十月 6, 2023

Computation, Morrison, Intelligence, United Kingdom, AI, Goldacre, HPC, Society, UK, Growth, Synthetic media, Legal & General, L&G, Security (finance), Cryptocurrency, Law

LONDON, Oct. 6, 2023 /PRNewswire/ -- Kao Data, the specialist developer and operator of high-performance data centres for enterprise, cloud, HPC and AI, has announced that leading infrastructure investment firm, Infratil and Legal & General Capital, the alternative asset platform of Legal & General Group, have increased their equity stakes in Kao Data. Infratil will now hold a majority stake of 53%, Legal & General Capital will hold 32%, and Goldacre NOÉ Group, Kao Data's founding investors, will hold 15%.

Key Points:

Infratil and Legal & General Capital have increased their equity investment in Kao Data to lead the next phase of platform growth across the United Kingdom.
LONDON, Oct. 6, 2023 /PRNewswire/ -- Kao Data , the specialist developer and operator of high-performance data centres for enterprise, cloud, HPC and AI, has announced that leading infrastructure investment firm, Infratil and Legal & General Capital , the alternative asset platform of Legal & General Group, have increased their equity stakes in Kao Data.
Infratil will now hold a majority stake of 53%, Legal & General Capital will hold 32%, and Goldacre NOÉ Group, Kao Data's founding investors, will hold 15%.
Since 2021, Infratil Ltd and Legal & General Capital have together invested in Kao Data, growing the company from a single site data centre developer/operator, to a multi-site platform.

Thornburg Investment Management Announces Mark Zinkula as Chief Executive Officer

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星期五, 九月 29, 2023

Thornburg, Generation Investment Management, Growth, Thornburg Investment Management, Inc., FTSE, Legal & General, Management

SANTA FE, N.M., Sept. 29, 2023 /PRNewswire/ -- Thornburg Investment Management, Inc. ("Thornburg"), a global investment firm that oversees $42 billion in client assets1, today announced that its Board of Directors has appointed Mark Zinkula as its new President & Chief Executive Officer effective immediately, following an extensive global search process.

Key Points:

SANTA FE, N.M., Sept. 29, 2023 /PRNewswire/ -- Thornburg Investment Management, Inc. ("Thornburg"), a global investment firm that oversees $42 billion in client assets1, today announced that its Board of Directors has appointed Mark Zinkula as its new President & Chief Executive Officer effective immediately, following an extensive global search process.
Mr. Zinkula was formerly the Chief Executive Officer of Legal & General Investment Management, a global investment manager with $1.4 trillion in assets under management.
Thornburg Chairman Garrett Thornburg said: "We are delighted to welcome Mark as our new President & Chief Executive Officer.
He has a deep understanding of investment management and an excellent record of driving organic business growth across client channels and asset classes.

ARK Invest Acquires Rize ETF Limited, Paving the Way for Its Expansion into Europe, the UK, and New Markets Globally

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星期二, 九月 19, 2023

WisdomTree Investments, Rize, ETF, Marketing, Ark Invest, Research, Trade, Acquisition, Legal & General, SFDR, UCITS, ETF Securities, United Kingdom, CIO, Entrepreneurship, Growth, Financial adviser, European

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.

Key Points:

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.
The Rize ETF Founders are a proven team of ETF experts and have over 40 years of combined ETF experience.
The existing name and brand of Rize ETF will be phased out, and the platform will transition into "ARK Invest Europe," which will be a division of ARK Invest Limited.
ARK Invest Europe will serve as the hub for ARK's expansion into the Europe, the UK and new markets globally.

ARK Invest Acquires Rize ETF Limited, Paving the Way for Its Expansion into Europe, the UK, and New Markets Globally

Retrieved on:

星期二, 九月 19, 2023

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.

Key Points:

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.
The Rize ETF Founders are a proven team of ETF experts and have over 40 years of combined ETF experience.
The existing name and brand of Rize ETF will be phased out, and the platform will transition into "ARK Invest Europe," which will be a division of ARK Invest Limited.
ARK Invest Europe will serve as the hub for ARK's expansion into the Europe, the UK and new markets globally.

Global Pension Risk Transfer Monitor: Record H1 Transaction Volumes in UK and US

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星期四, 八月 24, 2023

In the US, the Monitor found that last year’s record momentum for US transactions continued in the first half of 2023.

Key Points:

In the US, the Monitor found that last year’s record momentum for US transactions continued in the first half of 2023.
Last year’s explosive transaction volume in the US was driven by several jumbo deals, including IBM’s $16 billion transaction.
In the UK, the Monitor reported an unprecedented acceleration in demand, driven by more pension schemes being closer to buyout than ever before.
We have been busy gearing up for increasing demand and look forward to supporting more pension schemes in the months and years ahead.”