Report 09 August 2017

Market update H1 2017

Our update details new business volumes plus market activity and trends.

Legal & General has had a positive start to 2017 in our 30th year in the bulk annuity market. We have written £1.5 billion of UK bulk annuity business maintaining our strong market share.

Our update includes a case study about how we can partner with pension schemes and their advisers to meet a price target.

Chris DeMarco, Managing Director, UK Pension Risk Transfer comments:

"Over the past 30 years Legal & General has been very successful in a market that has changed enormously. The first half of 2017 has seen a competitive pension risk transfer market with attractive pricing for schemes. The pace of solution innovation is truly impressive and we look forward to more opportunities to help companies settle their pension liabilities and improve benefit security for members."

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You can view the Legal & General Group's half year results by visiting our reporting centre.