L&G slips further into the red in household
Legal and General this morning reported an operating loss in 2007 of £67m for its UK general insurance business including losses of £76m net of reinsurance from the UK floods in June and July, and £8m for the cost of windstorm Kyrill in January.
The insurer said its opertaing loss from its core household book was £86m (2006: £9m loss) while its underwriting profit worsened to a £101m loss (2006: £21m loss).
In a statement it said: "Following
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