LGEN.L - Legal & General Group Plc

Legal & General Group Plc

One Coleman Street
London EC2R 5AA
United Kingdom
44 20 3124 2000
http://www.legalandgeneralgroup.com

Sector: Financial Services
Industry: Insurance—Life
Full-time employees: 8,542

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Nigel David Wilson	Group CEO & Director	2.4M	1.52M	1956
Mr. Stuart Jeffrey Davies	Group CFO & Director	1.41M	N/A	1971
Mr. Kerrigan William Procter	CEO of Legal & Gen. Capital and Director	1.33M	709.8k	1969
Ms. Michelle Sylvia Scrimgeour	CEO of Legal and Gen. Investment Management & Director	589k	N/A	1963
Mr. Edward Luke Houghton	Head Investor Relations	N/A	N/A	N/A

Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), and General Insurance (GI) segments. The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; and lifetime mortgages. The LGIM segment provides index fund management; active fixed income and liquidity management; solution and liability driven investment; active equity; corporate pension scheme solutions; and real estate funds. The LGC segment offers investment strategy and implementation, and direct investment and structuring services. The LGI segment protection products, such as health, disability, critical illness and accident; individual term assurance; savings and death benefits; and annuities. The GI segment provides household and accident, sickness, unemployment, and pet insurance products. The company is also involved in insurance agency and brokerage, unit trust, institutional fund management, distribution, mortgage finance, treasury, SPV, building project and modular housing development, general insurance, and open ended investment businesses. It also engages in the real estate investment and trading, fund general partner, fund trustee, long term, commercial lending, venture and development capital, contractual scheme, real estate agency, private equity, management, investor alternative investment fund, collective asset-management, reinsurance, and investment management activities, as well as provides investment advisory and property services. The company was founded in 1836 and is based in London, the United Kingdom. As of December 31, 2018, Legal & General Group Plc operates as a subsidiary of Legal & General Group PLC.

Corporate governance

Legal & General Group Plc’s ISS governance QualityScore as of 4 December 2019 is 3. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.