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Legal & General Group

Photograph by Alessia Pierdomenico — Reuter

The biggest manager of U.K. pension assets says it is looking to declutter its business model. First on the block are a number of its international insurance units. The company’s new strategy is to focus on the pension fund business and replicate what it has done in the U.K. elsewhere. Last year, it bought Global Index Advisors in Atlanta to jumpstart its U.S. business.

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Company Information

CEO
Nigel Wilson
Industry
Insurance: Life, Health (stock)
Sector
Financials
HQ Location
London, Britain
Websitehttp://www.legalandgeneralgroup.com
Years on List16
Figures prepared in accordance with International Accounting Standards.

Key Financials (last fiscal year)

($ Millions)% change
Revenues84,80538.2%
Profits1,621.516.2%
Assets622,938.9-
Employees11,038-

Profits as a % of

Profit as % of Revenues1.9%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity17.3%