L&G brings COR down to 82% as disciplined pricing sees GWP fall
Legal & General delivered a 36% increase in operating profit to £38m within its general insurance business at the halfway point of 2015 (H1 2014: £28m).
The £10m rise was recorded alongside a six percentage point improvement in the composite insurer's combined operating ratio, which stood at 82% (H1 2014: 88%).
The bottom line improvement was achieved
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