In addition to the pension risk transfer stake, Japanese insurer Meiji Yasuda will acquire all of L&G’s U.S. protection business in a total $2.3 billion deal.

Companies shifting pension assets en masse to insurers seems to be a trend that will not buck anytime soon in the U.K., ...

Meiji Yasuda also plans to take a 20% interest in L&G's US PRT business and acquire 5% of L&G's shares from the market.

Shares in Legal & General soared after the firm announced the sale of its US insurance business to Japanese firm Meiji Yasuda ...

Legal & General has agreed to sell its US insurance entity, comprising its US protection and US Pension Risk Transfer ...

From a sales standpoint, a lot went right for Prudential Financial in Q4, and the year as a whole. Life sales and PRT deals, in particular.

Legal & General (L&G) has sold its US insurance business to Meiji Yasuda for £1.8bn as the firm presses ahead with plans to ...

Legal & General is to sell its US protection business to Japanese peer Meiji Yasuda in a $2.3bn deal that will see the latter ...

Legal & General Group (OTC:LGGNY) has agreed to sell its US insurance entity, comprising its US protection and US Pension ...

U.S. pension risk transfer premiums rose slightly in December ... “After a quiet fourth quarter, the pipeline for January and February PRT deals is very active. With a new year and a new ...

Strong earnings growth forecasts should support my high-yielding Legal & General shares, with a further boost coming from a ...