Legal & General

Legal & General recorded a 26% drop in operating profit (EEV basis) in 2007, to £912m.

The number of critical illness claims (CIC) rejected by Legal & General (L&G) for non-disclosure last year has dropped from 2006, it announced today.

Legal & General's with-profits bonuses rose 12% last year to £665m.

Legal & General has launched an investment plan offering a 140% return of any capital growth in the FTSE 100 over its six-year term.

Legal & General (L&G) and fund platform provider Cofunds have announced an extension of their distribution relationship to 2013.

Legal & General's new UK life and pensions sales rose 8% to a record £1,16bn in 2007, according to select figures ahead of the group's annual results.

Protection provider Legal & General says it expects the number of IFA queries through its underwriting helpline to exceed 60,000 by the end of the year.

Legal & General will add 2% allocation of units for all investments into its with profits growth and income bonds before the end of the year.

Legal & General International Ireland (LGII), the group's recently created offshore arm, has launched a series of offshore products.

AXA is considering scrapping the ongoing duty of disclosure across its protection range.