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Pin to quick picksLegal & General Share News (LGEN)

Share Price Information for Legal & General (LGEN)

London Stock Exchange
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Share Price: 245.20
Bid: 246.00
Ask: 246.10
Change: -3.40 (-1.37%)
Spread: 0.10 (0.041%)
Open: 247.60
High: 249.90
Low: 245.20
Prev. Close: 248.60
LGEN Live PriceLast checked at -

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Allianz said to near deal to buy L&G's home insurance business

Mon, 29th Apr 2019 14:51

(Sharecast News) - Allianz is reportedly in advanced talks to buy Legal & General's home insurance business.According to Sky News, the German insurer is in exclusive talks to buy the business that was put up for sale by L&G at the end of last year.Sky cited a source close to the bidder as saying that a deal - which could be worth more than £300m - was close but could still fall through.In 2017, Allianz entered into a joint venture with LV to create the third largest personal insurer in the UK. Allianz paid £500m for a 49% stake in the UK insurer's general insurance businesses.Back in December, Sky reported that Direct Line was among a group of potential bidders for L&G's home and contents arm. It said at the time that the company was lining up a £400m offer.
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18 Nov 2022 16:58

LONDON MARKET CLOSE: FTSE 100 gains capped by falling oil prices

(Alliance News) - Stock prices in London closed higher on Friday, but falling prices hit oil majors, keeping a lid on the FTSE 100's progress.

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18 Nov 2022 12:18

LONDON MARKET MIDDAY: Stocks pick up and pound firms against dollar

(Alliance News) - Stocks in London were higher by midday on Friday, managing to shake off a gloomy economic backdrop, while the pound got a boost from market acceptance of Thursday's UK government budget.

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18 Nov 2022 09:09

LONDON MARKET OPEN: FTSE 100 looks to end week on high note

(Alliance News) - Stock prices in London opened mixed on Friday, amid economic gloom in the UK, despite new data showing slight improvements in retail sales and consumer confidence.

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18 Nov 2022 08:29

TOP NEWS: Legal & General backs annual profit growth expectations

(Alliance News) - Legal & General Group PLC on Friday said its pension risk transfer business has continued to "perform strongly" with recent new-business wins.

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18 Nov 2022 07:56

LONDON BRIEFING: UK retail sales are better than forecast in October

(Alliance News) - Stock prices in London were called to open slightly higher on Friday, while new data showed UK retail sales performed better than expected last month.

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18 Nov 2022 07:17

Legal & General reiterates guidance amid defined-benefit struggles

(Sharecast News) - Legal & General reiterated its full-year guidance in a trading update on Friday, for operating profit growth in line with the 8% it delivered in the first half, and capital generation of £1.8bn.

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16 Nov 2022 14:25

Britain's insurers become test case for post-Brexit 'unshackling'

LONDON, Nov 16 (Reuters) - The British government and the Bank of England are reforming insurers' capital rules, seen as a post-Brexit test of UK willingness to "unshackle" the City of London after leaving the European Union.

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16 Nov 2022 11:11

Bulkamania: dividend upgrades coming

STOXX 600 down 0.6%

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16 Nov 2022 09:26

LONDON BROKER RATINGS: Berenberg raises Kainos to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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7 Nov 2022 10:01

UK bond turmoil leaves smaller pension schemes with longer-term costs

Smaller schemes may seek more protection with bespoke LDI

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3 Nov 2022 13:18

Top asset managers put new exit restrictions on $9.3 bln UK property funds

LONDON, Nov 3 (Reuters) - Two of Britain's largest asset managers are deferring withdrawals from funds managing 8.3 billion pounds ($9.28 billion) of UK property, the companies told Reuters on Thursday, in fresh signs of deteriorating sentiment towards UK real estate.

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2 Nov 2022 22:44

More Capricorn shareholders speak out against NewMed deal

LONDON/NEW YORK, Nov 2 (Reuters) -

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27 Oct 2022 10:14

LONDON BROKER RATINGS: Kepler Cheuvreux starts Haleon at 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:

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20 Oct 2022 14:02

UK fund manager Schroders LDI assets fall by 20 bln stg

Schroders AUM declines by 2.7%, Solutions unit AUM falls by 9%

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13 Oct 2022 10:45

How are life insurers coping in LDI storm?

LONDON, Oct 13 (Reuters) - The focus of a gilt market storm has been around pension schemes' use of liability-driven investments (LDI), many of which are highly leveraged.

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