The expertise within our businesses and the synergies that exist between them allow us to maximise the use of our resources to deliver growth and value.
We believe this expertise and experience gives us a number of competitive advantages. These include:
Financial and strategic discipline
We operate with high operational efficiency. This is underpinned by our strong solvency and asset de-risking.
Scale positions in attractive markets
We use our experience and scale in our existing markets to grow in attractive international markets.
Corporate relationships and diverse distribution
We are a leading pensions solutions provider to UK corporations and the principal provider of protection, savings and investment products to UK Building Societies. Our Group synergies across insurance and asset management enable us to provide comprehensive client solutions.
Scale of data, long experience and market leading expertise increases certainty of risk outcomes and supports sophisticated pricing. The Group benefits from strong diversification of risk.
By rotating many of our senior managers into new roles at the end of 2012 we are widening the skill base of our senior management team, improving the potential for information sharing and talent development.
HOW WE GENERATE CASH
All of our businesses generate operational cash which we use to reinvest in new business, pay dividends to shareholders and strengthen our balance sheet.
OUR FINANCIAL MODEL
1. Dividend includes £116m for half-year and £336m for year-end.
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HOW OUR PRODUCTS SUPPORT OUR CUSTOMERS
Below you will find an explanation of how our products and services help customers throughout their lives.
We provide people with financial solutions and services that allow them to plan for their future, to deal with the most exciting, critical or difficult financial moments in their lives.
* Selected by employers and made available to employees.
INVEST ASSETS/PREMIUMS TO
ENSURE DELIVERY OF PROMISES.
LEGAL & GENERAL INVESTMENT MANAGEMENT (LGIM)
In addition to the manufacture and distribution of the products above, as a Group we invest and manage the premiums to ensure delivery of these promises. We also work with some of the largest corporates in the UK to ensure that their assets (pension and other) are properly invested.