And also in the financial news this week ...

L&G profit doubles

Legal & General’s UK first-half general insurance business operating profit has more than doubled to £14m from £6m last year. Division managing director Peter Graham attributed the rise to improved underwriting and claims management. He said the company was planning to expand its aggregator presence.

£195m profit at Lloyds

Profit before tax and fair value unwind at Lloyds Banking Group’s general insurance group increased 5% to £195m in the first half of 2010 from £186m last year. The company took a £70m charge related to its exit from PPI business.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.