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L&G records general insurance COR of 88% as new business jumps 38%

legal and general

Legal & General reported this morning that its general insurance business recorded £304m of gross written premium in 2011.

L&G added that new business premium income grew by 38% to £110m (2010: £80m) as a result of building the company's presence in the direct market and continuing to develop key broker relationships.

Wit

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Throwback Thursday: Female first; Co-op’s woe

Insurance Post’s Throwback Thursday steps back in time to August 1971 to remind you what was going on this week in insurance history when a woman first entered a male building safety arena and Co-operative Insurance’s results were disappointing.

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