Legal & General Group Plc · LSE:LGEN
Legal & General — Bank of America Merrill Lynch Annual Financials CEO Conference 2018
8 slides from Legal & General's conference presentation, September 2018
Slide 1: Delivering inclusive capitalism
Delivering inclusive capitalism Sharing success with investors, customers and society LEGAL & GENERAL GROUP PLC | BANK OF AMERICA MERRILL LYNCH ANNUAL FINANCIALS CEO CONFERENCE SEPTEMBER 2018
Slide 2: Forward looking statements
Forward looking statements This document may contain certain forward-looking statements relating to Legal & General, its plans and its current goals and expectations relating to future financial condition, performance and results. By their nature, forward-looking statements involve uncertainty becau
Slide 3: Our strategy is aligned to drivers of consistent structural growth
NIGEL WILSON: GROUP CHIEF EXECUTIVE OFFICER Our strategy is aligned to drivers of consistent structural growth Growth drivers Ageing • Target record year in UK PRT market, >£5bn YTD and >£2bn exclusive • $25bn annual US PRT market opportunity INVESTING demographics & • Lifetime mortgage market growi
Slide 4: Structural growth drives profit
NIGEL WILSON: GROUP CHIEF EXECUTIVE OFFICER Structural growth drives profit Operating Profit (£m) FY 2017 H1 2018 H1 2017 Var % H2 2018 Growth Drivers Legal & General • Actively quoting on £27bn UK PRT business Retirement: 906 361 333 8 • Doubled US PRT premiums YoY ($297m in H1) Institutional Legal
Slide 5: Consistently delivering
NIGEL WILSON: GROUP CHIEF EXECUTIVE OFFICER Consistently delivering Operating profit from divisions (£m) Earnings per share (p) Dividend per share (p) 10% CAGR 2011 – 2018 1 10% CAGR 2011 – 2018 1 10% CAGR 2007 – 2018 Consensus 2,366 18.5 31.87 17.5 £332m longevity release 16.3 15.35 1,902 14.35 1,7
Slide 6: LGR: Institutional new business update
NIGEL WILSON: GROUP CHIEF EXECUTIVE OFFICER LGR: Institutional new business update 2018 YTD1 H1 H2 TD LGRI Completed Transactions £6.0bn £0.7bn £5.3bn UK PRT £5.3bn £0.5bn £4.8bn International PRT £0.4bn £0.2bn £0.2bn Longevity Insurance £0.3bn £0.0bn £0.3bn UK PRT Pipeline UK PRT Actively Quoting a
Slide 7: L&G sustaining long term growth
NIGEL WILSON: GROUP CHIEF EXECUTIVE OFFICER L&G sustaining long term growth 100% “GROWN UPS” LGRI LGRR LGC LGIM LGI GI Mature Savings Sale agreed 20% - 49% 100% “SCALE UPS” - CALA Homes - NTR (Energy) - BTR - ETF - Pemberton - Salary Finance - LGIMA - DC / Retail - ADV - Smartr365 - LGRA - Future Ci
Slide 8: Delivering inclusive capitalism
Delivering inclusive capitalism Sharing success with investors, customers and society LEGAL & GENERAL GROUP PLC | BANK OF AMERICA MERRILL LYNCH ANNUAL FINANCIALS CEO CONFERENCE SEPTEMBER 2018
Legal & General Group — Bank of America Merrill Lynch Annual Financials CEO Conference 2018 on 6ix