Company

Legal & General Group plc

Headquarters: London, United Kingdom

Founded: 1836

Employees: 10,046

CEO: Dr. Nigel David Wilson

show_chart LSE: LGEN

Market Cap

£16.27 Billion

GBP as of April 1, 2022

US$21.34 Billion

history Market Cap History

Company Description

Legal & General Group PLC, more simply known as Legal & General, is a multinational financial services company. It is involved in investment management, lifetime mortgages, pensions, annuities, and life assurance. Tracing its origins to 1836, Legal & General now primarily operates in the United Kingdom and the United States, also engaged through its investment management activities in the Middle East, Europe, and Asia.

Legal & General Group plc market capitalization over time

Evolution of Legal & General Group plc market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Legal & General Group plc

Detailed Description

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI). The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; lifetime mortgages; lifetime care plans; and retirement interest only mortgages. The LGIM segment provides index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real estate funds. The LGC segment offers investment strategy and implementation, and direct investment and structuring services. The LGI segment provides protection products, such as health, disability, critical illness, and accident; individual term assurance; reinsurance; savings and death benefits; and annuities. The company is also involved in the unit trust and institutional fund management, mortgage finance, treasury, building project and modular housing development, general insurance, and open-ended investment businesses, as well as manufacture of sheds. It also engages in the real estate investment, operation, management, and trading, fund general partner, fund trustee, commercial lending, venture capital investing, contractual scheme, management, pension tracing and transfer, investor alternative investment fund, collective asset-management, and investment management activities; and provision of investment advisory, business information consultancy, and technology services. The company was founded in 1836 and is headquartered in London, the United Kingdom.

Wikipedia Introduction

Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortgages (a form of equity release), pensions, annuities, and life assurance. As of January 2020, it no longer provides general insurance following the sale of Legal & General Insurance to Allianz. It has operations in the United Kingdom and United States, with investment management businesses in the Gulf, Europe and Asia. Legal & General is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Legal & General Investment Management (LGIM), the asset management arm of L&G, is the 10th largest investment management firm in the world by AUM. It is also the second largest institutional investment management firm in Europe (after BlackRock).

Source: Wikipedia, retrieved on March 13, 2021, 12:40 p.m.

Stocks & Indices

Legal & General Group plc has the following listings and related stock indices.


Stock: LSE: LGEN

Stock: FSX: LGI

Stock: OTC: LGGNF

Product & Services

Investments, Lifetime Mortgages, Pensions, Annuities

Key People

Sir John Kingman (chairman) Nigel Wilson (CEO)

Financials

Revenue: £45,450 million (2021)

Operating income: £2,632 million (2021)

Net income: £2,043 million (2021)


Total assets: £582,638 million (2021)

Total equity: £10,943 million (2021)

Details

Headquarters:

One Coleman Street

London, EC2R 5AA

United Kingdom

Phone: 44 20 3124 2000

Fax: 44 20 3124 2500