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Legal & General ties up £13m PRT deal with Brandsby
The bulk annuity transaction secures benefits for all of the scheme's 120 members
L&G closes RT1 debt raise at £500m
Notes priced higher than other recent issues
Re/insurers face wider scrutiny from climate activists
Unfriend Coal becomes Insure Our Future to cover all fossil fuels
L&G to issue RT1 debt
Move comes after UK insurer paid full 2019 dividends to shareholders
UK names four IAIGs
Internationally active insurance groups will be supervised according to global rules
Aviva and Legal & General strike £466m PRT deals
Recent market volatility from Covid-19 has made bulk annuity pricing attractive
Three more insurers raising equity for Covid-19 losses and opportunities
Antarius and R&Q are already underway as Covid-19 bites
Legal & General takes advantage of cheap credit to issue debt
Q1 results show little impact from Covid-19
L&G highlights pension risk transfer market's resilience amid Covid-19
The insurer wrapped up eight PRT deals in March
L&G's £650m Part VII transfer delayed by Covid-19 chaos
Deal to transfer with-profits business to ReAssure put on ice