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L&G general insurance profit falls to £30m

houses-terraced

Legal & General's operating profit increased to £1.09bn (2011: £1.05bn) while operating profit from divisions - excluding capital and financing and investment projects - rose to £1.12bn (2011: £1.06bn).

Pre-tax profit was up by 9% at £1.04bn (2011: £953m).

Within its housing and protection business, operating profit increased by 14% to £359m (2011: £314m) and operational cash generation was £279m

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