L&G reports 2017 operating profit of £2.0bn with record PRT volumes
By IAN Editorial Desk
News date: 7 March 2018Published 24 May 2026·2 min read
By IAN Editorial Desk Legal & General reported a 32% increase in operating profit to £2,055m in 2017, supported by record pension risk transfer activity and...
Legal & General reported a 32% increase in operating profit to £2,055m in 2017, supported by record pension risk transfer activity and a substantial mortality reserve release. The result fed through to a 32% rise in profit before tax to £2,090m and a 50% increase in profit after tax to £1,902m, alongside a higher full-year dividend.
Nigel Wilson, group chief…
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