LONDON, March 5 (Reuters) - British life and pensions groupLegal & General has unveiled a better than expected 16percent increase in net cash generation as its new businessstrain improved.
In an earnings statement on Wednesday, the company said newbusiness strain fell to 40 million pounds in 2013, from 93million pounds a year earlier.
Analysts had forecast a new business strain of around 60million pounds.
The group also announced a 20 percent hike in its full yeardividend to 9.3 pence per share.
Legal & General (LGEN)
