L&G writes £8.4bn of UK pension risk transfer business in 2024

Insurer’s full-year results also show ‘continued strong growth’ in the firm’s DC business

Martin Richmond
clock • 2 min read
L&G group chief executive António Simões
Image:

L&G group chief executive António Simões

Legal & General (L&G) wrote £8.4bn of pension risk transfer in the UK in 2024 as well as experiencing a record year of international PRT volumes, according to its full-year results.

The insurer's results, published today (12 March), revealed it had written £10.7bn of global PRT new business across 56 deals, with four deals exceeding £1bn. The firm said this came in addition to...

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