AM Best said it has assigned a prospective debt rating of a+ to the proposed subordinate debt issue by Legal & General. It also assigned a negative outlook.
It said the issue had undated maturity, subject to FSA approval, and the ability to defer interest payments.
The issue is part of Legal & General’s existing £2bn Euro Note Programme, said the ratings agency.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
