UK life assurer Legal & General (L&G) has reported a 27% rise in new business sales for 2001 to £801m and has forecast further growth in market share in 2002.
The UK's third largest insurer said total UK new business was up 32% at £710m, but international new business for the year was down about 3% at £91m.
European business continued to show strong growth in the year with new business sales up 21% to €63m (£39.1m) from €52m (£32.3m) a year ago.
In the U.S., however, new annual premium business fell to $76m (£53.3m) from $93m (£65.2m).
The company said new institutional fund management sales were up 4% to £13.2bn. The business added another 231 pension funds to its client list.
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.
