legal-and-general-america-home-office

180+ Years of History

We're the U.S. insurance division of Legal & General Group — leveraging the expertise of a top ten global insurer and backed by a financial powerhouse.

Built To Last 

We've been making long term commitments to customers — and keeping them for over 70 years. It's a recipe that works because Legal & General America continues to back our market-leading competitive position and solid operating performance with exceptional financial strength ratings from three of the world's top ratings agencies. Our long history demonstrates our experience in every kind of economic climate. Keeping our products affordable, protecting and providing high quality, efficient customer service are just the fundamentals for us.

Our Story By The Numbers

Approximately 95% Investment Grade Portfolio
The Legal & General America operating companies are among the most financially sound life insurers. Our investment portfolio is conservatively positioned and prudently managed. It's highly liquid and well diversified with approximately 95% investment grade corporate bonds and very highly rated structured securities.1

1.3 Million U.S. Customers
That's the number of policy owners counting on us to help provide financial security for the people they have so carefully chosen to protect.1

New Coverage Ranks Us in the Top Five
Legal & General America is a top five provider of term life insurance in the U.S., issuing more than $57 billion in new coverage in 2019. We also issued approximately $1 billion in new annuity contracts in 2019 to over 12,530 annuitants. 2

$759 Billion of Coverage In Force
Legal & General America is growing; our life insurance in force is over $759 billion.1

Over $5 Billion in Assets
Another testament to our financial strength, the Legal & General America operating companies has over $5 billion in assets at year-end 2019. 3

Capitalization is More Than the Industry Average
The capitalization level of a company is particularly meaningful because it measures a company's solvency. It assesses the level of a company's assets available to pay future liabilities; such as current and future policyholder benefits. On this basis, we are particularly strong. The Pure Capital Ratio measures the cushion a company has against a decline in the value of its assets. Our Pure Capital Ratio was 18.1%, more than the industry average of 12.1%.4

Delivering value and security

Our strength is your clients' financial security. With our long history of sustainability and expertise, you can be assured that we'll be here when customers need us most.

 

PDF  Our Financial Strength

PDF  Our Numbers Add Up

PDF  Our History

PDF  Our Structure

PDF  Our Governance

  1. Year-end 2019
  2. Top five term life ranking based on coverage in the brokerage channel, 2019 LIMRA U.S. Retail Individual Life Insurance Sales By Channel
  3. Statutory Returns 2019
  4. Year-end 2019 ALIRT Insurance Research
  5. 2018 non-banking assets, 2020 study, A.M. Best
  6. Conversions for year-end 2019, FX 1 GBP = USD 1.277C

Our parent company

9TH LARGEST

insurer in the world

$1.5 TRILLION

assets under management

$26 BILLION

economic and social investments

TOP 10

global asset manager

Financial strength ratings

94

COMDEX Score

 

A COMDEX score is a composite of all the financial strength ratings a company has received, ranging from 1-100. Not many life companies have a score as high as ours. 

AA-

Very Strong Rating Fitch and S&P

S&P's has been rating the financial strength of insurance companies for over 40 years. They reaffirmed the AA- (Very Strong) rating we share with our parent company. Fitch Ratings reaffirmed the Insurer Financial Strength (IFS) ratings at AA- (Very Strong).

A+

Superior Rating A.M. Best
A.M. Best financial strength rating is an independent opinion of an insurer's overall financial strength and ability to meet its ongoing obligations.