Browsing: Legal & General

A significant number of divorcees fail to update their life insurance policies, potentially leaving their former spouses as beneficiaries, according to new research.

Meiji Yasuda Life Insurance Company is acquiring Legal & General’s U.S. protection business, advised by Debevoise & Plimpton and Linklaters.

Debevoise & Plimpton, Linklaters, and Clifford Chance are advising on the $2.28 billion acquisition.

Legal & General Group Plc (L&G) has agreed to sell its US insurance operations to Japan’s Meiji Yasuda Life Insurance Co in a deal valued at $2.3 billion. This strategic move allows L&G to sharpen its focus on core business areas.