Gross written premium grew 7% in third quarter alone

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Legal & General’s general insurance business wrote £282m of gross written premium in the first nine months of 2014.

This was up 1% on the £280m it wrote in the same period last year.

In the third quarter of 2014 alone, general insurance gross written premium was £104, up 7.2% on the £97m it wrote in the third quarter of 2013.

As a group, Legal & General increased operational cash by 8% to £844m in the first nine months of 2014 (first nine months of 2013: £780m).

Net cash was up 12% to £827m (First nine months of 2013: £740m).

Group chief executive Nigel Wilson said: “We are growing our revenues, operating profit, customers and net cash and are continuing to deliver strong return on equity.”

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