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L&G reports 92% GI COR and £17m operating profit at the half year

legal and general

Legal and General has reported that its general insurance business has made an operating profit of £17m for the half year to 30 June 2011, up from £10m in 2010.

The household business contributed £13m to this figure.

Overall L&G made a £9m underwriting profit for the half year (H1 2010: £9m) with the household book reponsible for £6m (H1 2010: £7m); and

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