High profile desertions lead to speculation of a sell-off
Mark Burgess, head of active equities at Legal & General Investment Management (LGIM), and member of the Association of British Insurers (ABI) investment committee is quitting to join rival Threadneedle, leading to speculation that L&G may sell off LGIM, the FT reports.
His resignation follows that of Peter Chambers, LGIM’s chief executive, who announced his surprise retirement in March.
Tim Breedon, L&G’s group chief executive has denied speculation that LGIM might be floated or sold to the management
The Times carries a profile of Burgess.
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.
