Legal & General Group PLC (LGEN.L)
22 Sep 2017
* Uk's Plumbing Industry Pension Scheme Completes 560 Mln Stg ($731.47 million) Bulk Annuity Buy-in Deal With Legal & General
LONDON, Aug 21 Pension Insurance Corporation and Legal & General were the largest players in the UK bulk annuity market in the first half of 2017, consultants Aon Hewitt said on Monday.
LONDON Britain's Prudential moved to fend off competition from passive funds on Thursday, merging its M&G asset management and UK and European insurance businesses to save costs and improve its products.
* Operating profit up 5 percent to 2.36 bln pounds (Adds CEO comments on UK merger, back books, adds analysts, updates shares)
* Dividend up 7.5 pct at 4.3 pence per share (Adds CEO comment, analyst, detail, share price)
LONDON, Aug 9 Insurer and asset manager Legal & General reported a 27 percent rise in first-half operating profit to 988 million pounds ($1.28 billion), it said on Wednesday, boosted by strong performance in its retirement division.
* Net release from operations for retained business 4 up 6% to £724m (h1 2016: £681m)
* ANNOUNCES ESTABLISHMENT OF INSPIRED VILLAGES GROUP, WHICH IS FORMED OUT OF ENGLISH CARE VILLAGES
LONDON The fund management arm of insurer Legal & General is moving the management of its Asian equity index funds to Hong Kong from London and Chicago, it said on Thursday.
LONDON, Aug 3 The fund management arm of insurer Legal & General is moving the management of its Asian equity index funds to Hong Kong from London and Chicago, it said on Thursday.