Legal & General (L&G) registered a 26pc fall in operating profits in 2007, impacted by the longer life expectancy of its UK clients.
The group paid out £269m in "longevity strengthening" last year, which contributed to a downturn in profits from £1.23bn in 2006 to £912m on a European embedded value (EEV) basis. Profits after tax were...
Lowest level since 2016
Subset of fintech
Just one-fifth not in favour
Armed forces charity
PI providers adding constraints to cover