L&G named a “Conviction Buy” by Goldman Sachs broker
British shares rose for the fourth day in a row on Friday with insurers Aviva up 5.3% and Legal & General up 5.7%, Dow Jones reports.
"We believe Legal & General has been overlooked: in our view, its gearing alone should be enough to see it recover from 14-year lows if the market continues to rise," said Goldman Sachs analysts in a note on the sector.
"L&G is on the Conviction Buy List. As we return to more normal investment conditions, we anticipate far less investment variances. This, we believe, will enable the market to focus on L&G's cash-generating ability," the broker added.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
