S&P`s has been assessing the financial strength of insurance companies for more than 40 years. They confirmed the AA (Very Strong) rating, which we share with our parent company. Fitch Ratings has confirmed the Insurer Financial Strength (IFS) rating to AA- (Very Strong). Banner Life and William Penn insurance has been protecting American families and businesses for more than 70 years. Approximately 98% Investment Grade PortfolioLegal & General America operating companies are among the most financially sound life insurers. Our investment portfolio is positioned prudently and prudently managed. It is highly liquid and well-diversified with approximately 98% investment grade corporate bonds and highly rated structured securities.11.5 million U.S. clientsThat`s the number of policyholders who rely on us to provide financial security for the people who have so carefully protected them.1New coverage ranks us #2Legal & General America is the second largest provider of term life insurance in the United States. Spend more than $57 billion on new coverage in 2020. In addition, we issued approximately $1.6 billion in new pensions to more than 26,000 retirees in 2020.
$282 billion coverage growth in KraftLegal & General America; Our existing life insurance policy is over $782 billion.1 More than $6.8 billion in assetsAnother proof of our financial strength is that Legal & General America`s operating companies have assets of more than $6.8 billion at the end of 2020. 3Capitalization is more than double the industry averageA company`s capitalization is particularly significant because it measures a company`s creditworthiness. It evaluates the amount of a company`s assets that are available to settle future liabilities; such as current and future benefits for policyholders. We are particularly strong on this basis. The pure capital ratio measures the cushion a company has against a loss in the value of its assets. Our capital ratio alone was 17.8%, which is higher than the industry average of 12.1%.4 See how affordable term life insurance is today. This company has a Corporate Social Responsibility Report, which can be viewed on our partner website, ResponsibilityReports.com Protect your loved ones and plan for the unexpected. Find out what types of coverage we offer to cover you and your family. «Our journey into the future remains focused on protection solutions for all Americans. Expanding digital capabilities, distribution partnerships and new product innovations will be critical to our success as we help families secure their financial future. A COMDEX score is a composition of all the financial ratings a company has received, from 1 to 100. Few life insurance companies score as high as ours.
Report locked. Legal & General Group Plc has reached its limit for free reporting views. LGIM`s attention has been brought to the attention of unrelated parties claiming to represent «Legal & General Investment Management Limited» or «Legal & General Resources Limited» by offering investment products and services in the Southeast Asia region, particularly Malaysia. These parties may communicate with residents by email, telephone or personal contact. Please note that neither LGIM nor its subsidiaries Legal & General Group Plc provide services to individuals in the Southeast Asia region. LGIM also has no local offices or offices in the Southeast Asia region. If you have been approached by persons claiming to represent LGIM or subsidiaries of Legal & General Group Plc in connection with the provision of investment services to individual investors, please contact LGIM immediately. Please also contact the relevant local authorities immediately if you believe you have been a victim of such scams. Legal & General Investment Management is one of Europe`s largest asset managers, providing investment solutions to a wide range of clients worldwide. With our affordable prices, it`s a simple New Year`s resolution.
Keeping our products affordable, protecting your retirement and providing efficient, high-quality customer service are just the basics for us. Our long history shows our experience in any type of economic climate. Today, we continue to evolve to better meet the needs of our customers in a more dynamic world. Legal & General Group Plc does not currently have printed reports on AnnualReports.com. Click the button below to request a report when hard copies are available. If you want to demystify life insurance or learn how to protect your financial goals, check out our guides to get you started. Legal & General Group Plc is a financial services provider based in the United Kingdom. The company`s segments include: Legal & General Retirement Institutional (LGRI), Legal & General Capital (LGC), Legal & General Investment Management (LGIM), Insurance and Retail Retirement. The LGRI segment represents the global pension risk transfer business, including longevity insurance. The LGC segment represents shareholder assets invested in direct investment, primarily in specialty commercial real estate, clean energy, housing construction and financing for small and medium-sized enterprises (SMEs), as well as traded and clean assets.