Legal & General reports drop in GI pre-tax profit to £46m
Legal & General has reported general insurance profit before tax reduced to £46m as a result of interest rates cuts.
The insurer posted a drop of 200% from £138m in the first half of 2015 to £46m recorded in the same period this year.
General insurance operating profit fell by £48m to £138m (H1 2015: £186m), which
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