Legal & General Share News (LGEN)

UPDATE 1-Legal & General net cash up 14 pct in pensions shift

* 9mth net cash generation up 14 pct * Assets under management up 8 pct * L&G looking to international bulk annuities * Shares hit 2-1/2 month high (Updates with quotes, prices) By Carolyn Cohn LONDON, Nov 4 (Reuters) - British insurer Legal & General 's net cash

Legal & General Posts Strong Quarter For Investment Management Unit

Legal & General 9mth net cash rises 14 pct to $1.45 bln

LONDON, Nov 4 (Reuters) - British insurer Legal & General 's net cash generation rose 14 percent to 943 million pounds ($1.45 billion) in the first nine months of 2015 and assets under management rose 8 percent from a year earlier, it said on Wednesday. Net cash was boosted by greater effi

Legal & General lifts net cash 14% and plans cost savings

(ShareCast News) - Insurer Legal & General posted a 14% rise in net cash generation for the first nine months of the year as it said it is ahead of its target to deliver £80m of operating cost savings this year. Net cash generation rose to £943m from £827m in the same period last year, while assets

Earnings, Trading Statements Calendar - Week Ahead

Aviva, St.James's and Standard Life set to outperform, JP Morgan says

(ShareCast News) - The upcoming implementation of the Solvency II capital regime will lift a significant source of uncertainty which has been hanging over UK and European life insurers, JP Morgan said in a research note sent to clients. The new measures will likely see Aviva, St.James Place and Stan

BROKER RATINGS SUMMARY: Citigroup Upgrades Travis Perkins To Buy

BROKER RATINGS SUMMARY: Numis Raises ASOS To Buy From Add

UK company pension insurance deals seen totalling $15 bln in 2015-Aon Hewitt

LONDON, Oct 12 (Reuters) - Deals involving transferring the risk of British company defined benefit pension schemes to insurers are likely to total 10 billion pounds ($15.35 billion) this year, down on last year's record 13 billion pounds, consultants Aon Hewitt said on Monday. These "bulk

New rules drive life insurers to hedge pension risk outside Europe

* Solvency II adds to annuity capital charges * EU insurers look to reinsure outside Europe * L&G entering U.S. bulk annuity market By Carolyn Cohn LONDON, Oct 8 (Reuters) - Life insurers selling higher-risk products like annuities are moving to reinsure or hedge this busi

L&G chief executive calls for flat UK pension tax rate

LONDON, Oct 6 (Reuters) - British insurer Legal & General chief executive Nigel Wilson on Tuesday called for a flat UK pension tax rate of 20 percent, in response to a government consultation on pension taxation. Wilson said in a statement that L&G would like to see 20 percent relief on ta

LONDON MARKET CLOSE: Stocks Recover After "Dreadful" US Jobs Report

LONDON MARKET MIDDAY: Stocks Buoyant Ahead Of US Jobs Report

WINNERS & LOSERS SUMMARY: Data Breach Bruises Experian Shares

BUZZ-Legal & General: Rallies after U.S. annuity deal

** Legal & General's shares rise more than 3 percent after the insurer announces its first U.S. bulk annuity contract ** L&G America and Prudential Financial are insuring $900 mln of Philips' U.S. subsidiary's pension scheme ** "The deal is strategically very important for Legal & Gen