Legal & General reports drop in GI pre-tax profit to £46m

Legal & General has reported general insurance profit before tax reduced to £46m as a result of interest rates cuts.

The insurer posted a drop of 200% from £138m in the first half of 2015 to £46m recorded in the same period this year.

General insurance operating profit fell by £48m to £138m (H1 2015: £186m), which

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@postonline.co.uk

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@postonline.co.uk

Sorry, our subscription options are not loading right now