L&G H1 2010 result reveals £14m general insurance profit
This morning Legal & General reported a £14m general insurance profit for the six months to 30 June 2010 (H1 2009: £6m). £11m of this was attributable to its household book.
It added that the underwriting result had improved to £7m and COR stood at 90% (H1 2009: 99%) with the household account at 91% (H1 2009: 98%).
Overall L&G delivered a 34% growth in IFRS operating
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