Legal & General Group PLC (LGEN.L)
Thu, Aug 9 2018
* Sees strong H2 driven by bulk annuities (Adds detail from statement, CEO quote, analyst quote, shares, background)
LONDON, Aug 9 British insurer Legal & General posted a 7 percent year-on-year rise in first-half operating profit on Thursday, buoyed by gains across all units except general insurance.
Aug 6 British insurer Legal & General said on Monday it has teamed up with Virgin Money to offer lifetime mortgages to Virgin customers at the end of their interest-only home loan term.
* Shares up 0.8 pct, lag FTSE 100 (Adds analyst comments, share price reaction, background, bullet points)
* REAL ESTATE UNIT BUYS WOODSIDE INDUSTRIAL ESTATE IN DUNSTABLE, UK FROM HERBERT MANAGEMENT CORP FOR 182 MILLION STG, NET INITIAL YIELD 5 PERCENT Further company coverage: (Reporting By Carolyn Cohn)
* The total valuation of 100% of the equity in CALA Homes was £605m
* HAS MEAN GENDER PAY GAP OF 30.5 PERCENT, MEDIAN GAP OF 31.6 PERCENT -ANNUAL REPORT
LONDON, March 7 Legal & General Chief Executive Nigel Wilson was paid 3.5 million pounds ($4.86 million) in 2017, a drop of 36 percent from a year earlier, the insurer said on Wednesday.
LONDON, March 7 A slowdown in improvements in life expectancy in Britain boosted insurer Legal & General's 2017 results, it said on Wednesday, as it reported a forecast-beating 32 percent rise in operating profit.
LONDON, March 7 British insurer Legal & General reported an above-forecast 32 percent rise in 2017 operating profit of 2.1 billion pounds ($2.92 billion), it said on Wednesday, helped by reserve releases related to changing longevity expectations.