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Legal & General Group PLC (LGEN.L)

LGEN.L on London Stock Exchange

26 Mar 2019
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0.50 (+0.19%)
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Wed, Mar 6 2019

Legal & General's record annuity sales raises dividend doubts

LONDON Legal & General said it had made record sales of annuities in 2018, although some analysts questioned whether Britain's third-largest insurer could continue to raise its dividend at the same time, knocking its shares on Wednesday.

UPDATE 2-Legal & General's record annuity sales raises dividend doubts

* Shares down 3.7 pct, bottom of FTSE 100 (Adds analyst, trader, shares, background)

Legal & General 2018 operating profit rises 10 pct

LONDON, March 6 British life insurer Legal & General posted a 10 percent rise in operating profit to 1.9 billion pounds ($2.5 billion) in 2018, helped by record sales of annuities, it said on Wednesday.

CORRECTED-(OFFICIAL)-MOVES-Legal and General Investment Management names Middle East distribution head

Jan 8 European asset manager Legal and General Investment Management on Tuesday named Noareen Raja as its head of Middle East distribution, responsible for client relationships in the region.

Britain's Direct Line considering $504 mln bid for Legal & General unit- Sky News

Dec 19 Britain's largest motor insurer Direct Line indicated it is interested in making a 400 million pound ($504.36 million) bid to buy Legal & General Group's general insurance unit, Sky News reported on Wednesday, citing City sources.

UPDATE 1-Legal & General strikes 2.4 bln stg pension de-risking deal

* L&G global pipeline for deals at record high (Adds detail from statement, bullet points)

Legal & General strikes 2.4 bln stg pension de-risking deal

LONDON, Oct 8 British insurer Legal & General said on Monday it had agreed a deal to insure 2.4 billion pounds ($3.14 billion) in pension risk with the Nortel Networks UK Pension Plan.

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