Legal & General

United States Steel Corporation Further Strengthens Balance Sheet by Permanently De-Risking a Portion of its Pension Plan

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星期四, 十一月 11, 2021
Manufacturing, Other Manufacturing, Professional Services, Steel, Insurance, Securities Exchange Act of 1934, Safety, Contract, Security (finance), U.S. Steel, Legal & General, Securities Act of 1933, Forward-looking statement, Annual report, Company, U.S. Securities and Exchange Commission, Nature, Iron, NYSE, Employee Retirement Income Security Act of 1974, General officer, Time, Steel, Life insurance

The purchase of the group annuity contracts will be funded directly by the assets of the pension plan.

Key Points: 
  • The purchase of the group annuity contracts will be funded directly by the assets of the pension plan.
  • Legal & General will begin paying benefits for certain retirees and beneficiaries in the United States Steel Corporation Plan for Employee Pension Benefits (Revision of 2003) on January 1, 2022.
  • References to "we," "us," "our," the "Company," and "U. S. Steel," refer to United States Steel Corporation and its consolidated subsidiaries.
  • U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe.

U.S. Pension Risk Transfer Market Hits an Estimated $16 Billion in Q3, Second Largest Reported Quarter to Date

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星期四, 十月 28, 2021
Professional Services, Legal, Finance, Transfer, MD, General Motors, Boundedly generated group, District, Legal & General, Banner, PRT, Video game

Legal & General Retirement America (LGRA), a leading provider of pension risk solutions in the US, today released its third quarter Pension Risk Transfer (PRT) Monitor.

Key Points: 
  • Legal & General Retirement America (LGRA), a leading provider of pension risk solutions in the US, today released its third quarter Pension Risk Transfer (PRT) Monitor.
  • The third quarter was also reported to be the second highest single quarter to date, behind only the fourth quarter in 2012 when General Motors completed a transaction of $26 billion.
  • With Q4 transactions projected to be between $10-15 billion, total annual market volume could be between $35-40 billion, potentially surpassing its previous high set in 2012 at $36 billion.
  • Legal & General Retirement America (LGRA) specializes in customized pension risk solutions for institutional clients in the US market.

HqO Acquires Leading European Tenant Experience Platform Office App

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星期二, 十月 19, 2021
Generation Investment Management, Acquisition, Work, Legal & General, Technology, Twitter, Ecosystem, LinkedIn, JPMorgan Chase, Leadership, CEO, Instagram, Knowledge, GLOBE, Blackstone, EMEA, Solution, Workplace, Tenant, Dell, Property management

BOSTON, Oct. 19, 2021 (GLOBE NEWSWIRE) -- HqO , the end-to-end tenant experience platform for commercial real estate properties, today announces that it has acquired Office App , a leading European tenant and employee engagement platform.

Key Points: 
  • BOSTON, Oct. 19, 2021 (GLOBE NEWSWIRE) -- HqO , the end-to-end tenant experience platform for commercial real estate properties, today announces that it has acquired Office App , a leading European tenant and employee engagement platform.
  • HqO is excited to welcome Office App to the HqO family, said Chase Garbarino, Co-founder and CEO of HqO.
  • As Europes leading tenant and employee engagement platform, Office App provides landlords and corporates with a digital platform on which to create future-proof, sustainable, and people-focused office spaces.
  • Active in over 150 million square feet in 8 countries, HqO is known for its tenant experience platform comprised of an award-winning tenant app, analytics suite, and partner marketplace.

Legal & General America Awards Annual Life Lessons College Scholarship

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星期三, 十月 13, 2021
Legal & General, Boundedly generated group, Program, Time, Social responsibility, General officer, African Americans, LGA, Friends, Reading, Education, School, Multimedia, Life Happens, Filmmaking, Life, Student, Perseverance, S&P Global Ratings, CEO, Consumer, Family, Safety, Howard University, Hope, Medicine

FREDERICK, Md., Oct. 13, 2021 /PRNewswire/ -- Today, Legal & General America (LGA), a top-ten life insurance provider, announced that Jovan Scurry, a senior high school student in August, Georgia, is this year's recipient of its sponsored Life Lessons Scholarship.

Key Points: 
  • FREDERICK, Md., Oct. 13, 2021 /PRNewswire/ -- Today, Legal & General America (LGA), a top-ten life insurance provider, announced that Jovan Scurry, a senior high school student in August, Georgia, is this year's recipient of its sponsored Life Lessons Scholarship.
  • Through its annual Life Lessons Scholarship Program, Life Happens recognizes students through scholarships ranging from $5,000 to $20,000, to help pay for their college education.
  • Legal & General America is part of the worldwide Legal & General Group.
  • The Legal & General America companies are Banner Life Insurance Company and William Penn Life Insurance Company of New York.

AM Best’s Annual Europe Insurance Market Briefing to Examine State of Industry; New Scor CEO to Deliver Keynote Address

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星期五, 十月 8, 2021
Banking, Professional Services, Insurance, Finance, ESG, COVID-19, AIR, Credit, IFRS 17, Industry, Law, AIR Worldwide, General officer, Jean-Jacques Rousseau, AM Best, IFRS, News, GMT, Legal & General, EMEA, AM, Insurance, ALL, Management, Risk management

Laurent Rousseau, the newly appointed chief executive of Scor, will be the keynote speaker at AM Bests annual Europe Insurance Market Briefing and Methodology Review Seminar in London.

Key Points: 
  • Laurent Rousseau, the newly appointed chief executive of Scor, will be the keynote speaker at AM Bests annual Europe Insurance Market Briefing and Methodology Review Seminar in London.
  • This year delegates will also be able to follow the event virtually with an online registration.
  • To register for an in-person or virtual place at the briefing and seminar, or for more information, please visit https://www.ambest.com/conferences/imbeurope2021 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Legal & General America Welcomes Farron Blanc as VP of Brokerage Distribution & Strategy

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星期三, 十月 6, 2021
Farron, Banner, BCG, LGA, Boundedly generated group, Multimedia, MD, CEO, Term Life, Law, Legal & General, S&P Global Ratings, View, VP, General officer, SVP, Online shopping, Insurance

FREDERICK, Md., Oct. 6, 2021 /PRNewswire/ --Legal & General America (LGA) is pleased to announce it has appointed Farron Blanc as Vice President of Brokerage Distribution & Strategy, reporting to Jennifer Torneden, SVP of Sales, Marketing & Strategic Growth.

Key Points: 
  • FREDERICK, Md., Oct. 6, 2021 /PRNewswire/ --Legal & General America (LGA) is pleased to announce it has appointed Farron Blanc as Vice President of Brokerage Distribution & Strategy, reporting to Jennifer Torneden, SVP of Sales, Marketing & Strategic Growth.
  • "I am thrilled to be joining the Term Life insurance market leader, Legal & General America," said Farron Blanc, VP of Brokerage Distribution & Strategy.
  • The Legal & General America companies are Banner Life Insurance Company and William Penn Life Insurance Company of New York.
  • The Legal & General America companies are part of the worldwide Legal & General Group.

Legal & General Retirement America Reaches 100,000 Annuitants Milestone, Continues Best-In-Class Customer Service

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星期一, 十月 4, 2021
Legal, Professional Services, Legal & General, Insurance, Banner, PRT, Boundedly generated group, MD, Growth, History, District, NPS, Industry, Life insurance

This comes just six years after the companys founding and continues a period of remarkable growth and best-in-class customer service.

Key Points: 
  • This comes just six years after the companys founding and continues a period of remarkable growth and best-in-class customer service.
  • Legal & General Retirement America (LGRA) specializes in customized pension risk solutions for institutional clients in the U.S. market.
  • Established in 2015, Legal & General Retirement America is a business unit of Legal & General America, Urbana, MD.
  • The Legal & General America companies are part of the worldwide Legal & General Group.

LifeQuotes.com Reminder: September is Life Insurance Awareness Month; Prices Fall to All-Time Lows

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星期三, 九月 1, 2021
SBLI, Care Act 2014, Lincoln National Corporation, Health, Assurity Life Insurance Company, Legal & General, MassMutual, Securian Financial Group, Affordable Care Act, Policy, Mutual, ART, Forester, John Hancock Financial, MD, Insurance, Transamerica Corporation, Gold, American National Insurance Company, AEGON, Principal Financial Group, Prudential Financial, ORD, View, NE, LLC, AL, NOT, Yahoo!, CA, Multimedia, Newport Beach, California, ACA, Online shopping

-- Insurance for Dummies

Key Points: 
  • -- Insurance for Dummies
    LifeQuotes.com is an insuretech pioneer that caters to self-directed life insurance shoppers at www.lifequotes.com .
  • Policies examined include American Family Life Insurance Company, Madison, WI, policy form ICC14-LD10001; American National Insurance Company, Galveston, TX, policy form ART 12; Assurity Life Insurance Company, Lincoln, NE, policy form I L1702; Banner Life Insurance Company, Urbana, MD, policy form ICC08-LIA, and William Penn Life Insurance Company, Garden City, NY, policy form LIA-WP, both Legal & General America companies; Foresters Financial of Toronto, Canada, under form ICC16 770620; Haven Life Insurance Agency, Issued by C.M Life Insurance Agency, LLC, a subsidiary of Massachusetts Mutual Life Insurance Company (Mass Mutual) of Springfield, MA.
  • Policy form # ICC19PCM-SI 0819); Lincoln Life & Annuity Insurance Company of New York, Syracuse, NY, policy form LEF06321-18_7-10, and The Lincoln National Life Insurance Company, Fort Wayne, IN, policy form LEF06321_5-12, both insurance company affiliates of Lincoln National Corporation, whose marketing name is Lincoln Financial Group; John Hancock Life Insurance Company (U.S.A) of Boston, MA 02117, on policy form number ICC16 2016TERMand John Hancock Life Insurance Company of New York, Valhalla, NY 10595, Minnesota Life Insurance Company and Securian Life Insurance Company of St. Paul, MN under policy number F76777-15; Pacific Life Insurance Company of Newport Beach, CA, policy form P16YLT.
  • North American Company for Life & Health Insurance, Chicago, IL, policy form LS174; Penn Mutual Life Insurance Company of Horsham, PA, under policy form ICC13-LT; Principal Life Insurance Company of Des Moines, IA, under policy form ICC17 SN 104; Protective Life and Annuity, Birmingham, AL, policy form TI-15; Pruco Life Insurance Company of New Jersey, Newark, NJ, policy form ORD 96200-2010, member companies of Prudential Financial, Inc., Newark, NJ; Sagicor Life Insurance Company of Scottsdale, AZ under form number 1000; The Savings Bank Mutual Life Insurance Company of Massachusetts, Woburn, MA, policy form A91-OSV (SBLI and The No Nonsense Life Insurance Company are registered trademarks of The Savings Bank Mutual Life Insurance Company of Massachusetts;Transamerica Life Insurance Company, Cedar Rapids, IA, policy form 1-304 11-107, both AEGON companies; Vantis Life Insurance Company, Windsor, CT, policy form # ICC17DTC; United of Omaha Life Insurance Company, Omaha, NE, policy form LAP1099, a Mutual of Omaha affiliate company.

Legal & General America Earns Great Place To Work™ Certification for Sixth Consecutive Year

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星期五, 八月 27, 2021
LGA, Certification, Great Places, Legal & General, Leadership, General group problem solving model, Law, Multimedia, Banner, Organization, Culture, View, MD, Management, Online shopping

Great Place To Work is the global authority on workplace culture, employee experience, and leadership behaviors.

Key Points: 
  • Great Place To Work is the global authority on workplace culture, employee experience, and leadership behaviors.
  • "The Great Place To Work Certification isn't something that comes easily it takes ongoing dedication to the employee experience," saidSarah Lewis-Kulin, vice president of global recognition at Great Place To Work.
  • Strengths that contributed to LGA's Certification include:
    For more information please visit: https://www.lgamerica.com/about-us/careers
    LGA is part of the worldwide Legal & General Group.
  • The Legal & General America companies are part of the worldwide Legal & General Group.

UK Protection Insurance Report 2021 - Term Assurance Accounts for Largest Share of the Protection Market at 74% of Contracts and 71% of New Business Premia - ResearchAndMarkets.com

Retrieved on: 
星期二, 六月 29, 2021
Insurance, Professional services, Insurance, Finance, Financial services, Mortgage loan, Legal & General, Types of insurance, Life insurance, Draft:Business assurance

The term assurance market contracted by 5.6% to 516.6m in new business premiums in 2020, down from 547.6m in 2019.

Key Points: 
  • The term assurance market contracted by 5.6% to 516.6m in new business premiums in 2020, down from 547.6m in 2019.
  • Non-mortgage-related term assurance was the only term assurance product to record an increase, up 3.3% in terms of new contracts sold in 2020.
  • Legal & General is the largest player in the term assurance market with a 29.4% share in terms of contracts sold in 2019.
  • Term assurance accounts for the largest share of the protection market at 74.1% of contracts and 71.5% of new business premiums.