BUZZ-Legal & General: Rallies after U.S. annuity deal
** Legal & General (LSE: LGEN.L - news) 's shares rise more than 3 percent after the insurer announces its first U.S (Other OTC: UBGXF - news) . bulk annuity contract
** L&G America and Prudential Financial (NYSE: PJH - news) are insuring $900 mln of Philips (Amsterdam: PHIA.AS - news) ' U.S. subsidiary's pension scheme
** "The deal is strategically very important for Legal & General as it enters a large and attractive market," say analysts at BoAML, who are overweight the stock
** L&G is top gainer on FTSE 100 index
(Reuters Messaging: carolyn.cohn.thomsonreuters.com@reuters.net)