Third quarter and nine-month results released by Legal&General today have helped the company put a f...
Third quarter and nine-month results released by Legal&General today have helped the company put a few more pennies on its share price and help sustain the 15% market value recovery over the past two-weeks. According to the figures, L&G's total new business sales increased 21% to £708m from £585m during the same period last year. The company calculates this increase as the "APE", Annual Premium Equivalent, which is total new annual premiums plus 10% of single premiums. However, the figures covering the third quarter ended September show that things are not all smooth s...
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