Legal & General has reported a £13m drop in general insurance profits for the six months up to June 2005.
Operating profit on continuing operations slumped to £4m from £17m for the same period last year.
The company blamed a reduced operating profit of £2m (£11m last year) from the household account on higher bad weather claims.
It said other factors responsible for the drop were a smaller release of reserves from the mortgage indemnity book and a loss on its motor account.
However, gross written premiums from continuing operations grew by 8% to £170m due to well-performing household and healthcare business lines.
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.
