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LGGNY / Legal & General takes £10mln hit from chaos in pensions market

Legal & General takes £10mln hit from chaos in pensions market
Legal & General Group PLC (LSE:LGEN) forecast a £10mln hit to full-year revenues and profits as a result of the chaos in the pensions market in September but maintained operating profit guidance overall. The FTSE 100 listed insurer said it expected resilient full year 2022 operating profit growth in line with the 8% delivered in the first half (£1.16bn vs £1.08bn) and full year 2022 capital generation of £1.8bn in line with the guidance given at the half-year stage. Read More
Posted: Nov 18 2022, 02:46
Author Name: Proactive Investors
Views: 101970

LGGNY News  

We Ask Ourselves Why Legal & General's Share Price Is Not Higher

By Seeking Alpha
October 18, 2023

We Ask Ourselves Why Legal & General's Share Price Is Not Higher

Legal & General Group's share price has decreased by 14% since March and is now lower than it was in 2013. Valuation does not seem to be a valid reaso more_horizontal

Legal & General lacks near-term catalysts, says broker

By Proactive Investors
October 4, 2023

Legal & General lacks near-term catalysts, says broker

Legal & General Group PLC could lack a spark until its new boss arrives in the New Year, according to Jefferies, whcih has downgraded the insurer t more_horizontal

Legal & General Group Plc (LGGNY) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 17, 2023

Legal & General Group Plc (LGGNY) Q2 2023 Earnings Call Transcript

Legal & General Group Plc (OTCPK:LGGNY) Q2 2023 Results Conference Call August 15, 2023 5:30 AM ET Company Participants Nigel Wilson - CFO Stuart Davi more_horizontal

Legal & General falls on lack of buy-back

By Proactive Investors
August 15, 2023

Legal & General falls on lack of buy-back

L&G shares fell despite a decent reaction to its latest numbers from City analysts. The life and general insurer operating profit in the six months to more_horizontal

Legal & General on track as annuity sales bolster profits

By Proactive Investors
August 15, 2023

Legal & General on track as annuity sales bolster profits

Legal & General Group PLC (LSE:LGEN) remained confident of hitting its targets after boosting the dividend by 5% and reporting better-than-expected o more_horizontal

Legal & General and 888 update investors on Tuesday

By Proactive Investors
August 14, 2023

Legal & General and 888 update investors on Tuesday

Legal & General share buyback potential adds interest for interims First off the block among the life insurers is Legal & General Group PLC (LSE:LGEN more_horizontal

Chance of Legal & General share buyback adds interest for interims - analyst

By Proactive Investors
August 11, 2023

Chance of Legal & General share buyback adds interest for interims - analyst

Legal & General Group PLC (LSE:LGEN) results offer the possibility of a new share buyback announcement, according to UBS. The FTSE 100 life insurer is more_horizontal

Legal & General shares: Downgraded price target but still rated 'overweight'

By Proactive Investors
August 1, 2023

Legal & General shares: Downgraded price target but still rated 'overweight'

Investors may be concerned to see that JPMorgan has downgraded the share price target for Legal & General Group PLC (LSE:LGEN) to 315p from 355p. How more_horizontal


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