Compass

LGA Financial Strength Ratings Reaffirmed (12/21/17)

Legal & General America continues to back our market-leading competitive position and solid operating performance with exceptional financial strength ratings from three of the world's top ratings agencies.

 

Standard & Poor's 'AA-' (Very Strong) Financial Strength Rating

Standard & Poor’s has been rating the overall financial strength of insurance companies since 1971; it’s one of the largest global rating organizations in the world. The Standard & Poor’s review dated July 7, 2017 reaffirmed the AA- (Very Strong) financial strength rating we share with our parent company, assessing our operations as “core" to Legal & General Group.

 

A.M. Best 'A+' (Superior) Financial Strength Rating

A.M. Best’s financial strength rating is an independent opinion of an insurer’s overall financial strength and ability to meet its ongoing insurance policy and contract obligations. In its November 2017 press release reaffirming the A+ (Superior) rating for Banner and William Penn, A.M. Best noted our “strong competitive position in the U.S. term life marketplace” and “solid operating performance” on both “a U.S. GAAP and International Financial Reporting Standard basis”.   

 

Fitch Ratings 'AA-' Financial Strength Rating

In June 2017, Fitch Ratings reaffirmed the Insurer Financial Strength (IFS) ratings for Banner and William Penn, with ratings of AA- (Very Strong).

View the Financial Strength Factsheet here.