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Increase in sales for Legal and General

Tuesday, May 11, 2010

Legal and General, the fourth biggest life insurer in the UK (according to market value) has revealed a positive result on its first quarter of 2010 as they posted a 2% rise in sales.

First quarter sales for Legal and General amounted to £388 million as opposed to £382 million in the first quarter of 2009, this figure beat market analyst forecasts as they predicted sales of £368 million for the first quarter of this year.

Many city forecasters attributed the rise to the general ... Read full article

Category: Life Insurance

Report reveals upturn in UK life insurance market

Monday, May 10, 2010

The first quarter of 2010 has been a positive one characterised by steady growth for UK life insurance companies as was revealed by a survey conducted by the Confederation of British Industry (CBI).

After the positive results from the first 3 months it is expected that the optimism in the industry will carry through to the next quarter as hopes for a future recovery in demand continue increase.

The survey also revealed that life insurance companies in the UK were producing a fa ... Read full article

Category: Life Insurance
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