** Insurer Legal & General's shares down 4.5 pctafter its first-half insurance business misses estimates
** Shares bottom of the FTSE and second-largestlosers on the Stoxx
** Co posts H1 oper profit beat, profit rose 10 pct to 822mln stg vs expectation of 812 mln stg
** Jefferies analysts say oper profit beat concealsinsurance disappointment, flag insurance oper profit of 138 mlnstg was a 30 pct miss against consensus
** Shares bottom of, and biggest drag on, the Stoxx 600Insurance Index, with a quarter of their 30-day avg volsgone through in the first half-hour of trade
** Stock hit a post-Brexit high on Monday (albeit still 7.7%below pre-vote levels as at Mon close) (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)