Legal & General (L&G)
#Insagepeople: 08 - 14 May 2017
Keep up to date with all the latest people moves.
GI profits up at L&G for 2016
Provider posts COR of 89% - identical to 2015.
Admiral and Legal & General join Markerstudy’s pet aggregator panel
Platform offers cover for cats and dogs.
Cheryl Agius appointed GI CEO at L&G
Agius moves over from Legal & General’s strategic pension risk transfer team.
Legal & General and Prestige underwriting team up on home market
Strategic partnership announced aimed at the non-standard home market in the UK.
Legal & General sees GI profit drop
COR and GWP in its general insurance division have also deteriorated.
Flood Re publishes list of insurers
Aviva, Hiscox, Legal & General, LV and More Than among firms which will offer policies backed by the scheme.
L&G pushes for long-term pricing in home
Managing director for partnerships Mark Holweger says prices need to turn in 2016 for insurers to maintain consistency.
L&G reports drop in GI profit for 2015
Provider says it lost £15m due to last year's floods.
Staff at L&G vote for industrial action over 1550 possible job cuts
Insurer postpones Kingswood office closure to 2018 and looks at relocating some of its staff.
PRA approves Solvency II models for 19 insurers
Regulator’s list includes both life and general insurers.
Legal & General staff vote to strike over 1700 possible job cuts
Insurer promises more information about possibly relocating staff to more "cost-effective" locations.
No room for lower premiums in household, says Holweger
MD for intermediated business at Legal & General says insurer wants to expand its buy-to-let broker distribution channels.
Insurance revenue down but profit up at L&G
Operating profit surges by 36% for the first six months of the year.
Legal & General plans office reshuffle
Insurer confirms its locations are undergoing consultations.
Redundancy threat at L&G's Hove office
Insurer confirms consultation process with learning and development team.
Legal & General set to make new deals
Managing director for intermediated business Mark Holweger confirms the insurer has already made a few arrangements.
Holweger sees “huge opportunities” with brokers for L&G
Provider chief hails “strong profit performance” and growth.
GWP flat at L&G in 2014
Provider’s general insurance operating profit drops 14.5%.
L&G reports Q3 premium growth
General insurance premiums reach over £100m for the first time.
SSP director Findlayson leaves for COO role at marketing firm
He spent two years at tech company in commercial strategy and proposition role.
Phased closure for L&G Ipswich site
Legal & General to move claims to Birmingham and customer service to Hove offices.
Legal & General to close in Ipswich
Reports say 140 jobs are set to be cut at the Suffolk office.
L&G goes out on a limb
The stand out story by miles this week was Legal & General's shock withdrawal from the Association of British Insurers (ABI).