AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of the non-operating holding company, Legal & General Group Plc (L&G) (United Kingdom).

AM Best Affirms Credit Ratings of Legal & General Group Plc and Its Rated Subsidiaries. Concurrently, AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of L&G’s rated subsidiaries: Legal and General Assurance Society Limited (LGAS) (United Kingdom); Banner Life Insurance Company (Banner Life) (Frederick, MD); and William Penn Life Insurance Company of New York (William Penn) (Valley Stream, NY). The outlook of these Credit Ratings (ratings) is stable.

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AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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