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L&G talks down takeovers L&G plunges to a £1.1bn loss and slashes dividend

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L&G does not deserve amputation

03.11.09
The life assurance sector has had a rough year. It weathered the financial crisis relatively well with no spectacular casualties and none of the bailouts seen in countries like Holland noted for their sound approach to finance... more

So who’s smiling with Cowdery?

12.08.09
The Friends Provident/Resolution merger is a great deal. For a very small number of people. Resolution founder Clive Cowdery in particular has done well ... ... more

£1.86bn deal for Friends but 700,000 are losing out

10.08.09
Around 700,000 small investors in Friends Provident were today offered much less than half what the shares were worth at flotation eight years ago to sell their holding to insurance tycoon Clive Cowdery ... more

L&G talks down takeovers

04.08.09
Legal & General boss Tim Breedon today cast doubt on the wisdom of takeovers in the insurance sector, calling into question the strategy of Clive Cowdery’s Resolution ... more

Time to step back and think about insurance

27.07.09
Given the importance to the UK of certain industries — advanced engineering, pharmaceuticals, oil, education, health, banking and insurance being among them — we should be alarmed at how infrequently we as a nation take a step back from the day-to-day hurly-burly to examine in detail what are the prospects for that particular industry, what the trends are, the opportunities these bring, and what the Government and the regulators and the private sector need to pursue in order for the industry to maximise those opportunities ... more

Insurers’ policy change set to excite

09.07.09
In a week when the Government has proposed tougher capital requirements for banks, it is instructive to see the effect of a similar directive applied elsewhere ... more

Tough ‘deal or no deal’ call for L&G

06.07.09
From the very first days of this crisis, Legal & General’s Tim Breedon has understood that it is about capital. Hence the tough decision to slash the dividend — tough for the shareholders to accept, tough to recommend but, in a capital-constrained world, a prudent move ... more

L&G plunges to a £1.1bn loss and slashes dividend

25.03.09
Legal & General is halving its dividend after diving to a loss of £1.13 billion amid torrid market conditions... more

L&G may need to suffer fools a little more gladly

24.02.09
RUMOURS circulated the City for months that Legal & General could be in trouble. How much trouble wasn't clear, but the insurer was slow to state its capital position, the dividend looked under threat and the stock-market bears moved in - the shares have been crushed.... more

Short-selling king spoils L&G bid to calm market fears

17.02.09
Insurance: Legal & General’s plans to convince the stock market that its finances are sound were immediately undermined after it emerged that short-selling king Crispin Odey is targeting the company... more

L&G looks a winner with £1.48bn sales

29.01.09
Investment: Legal & General could be one of the winners from the recession as consumers look to boost savings... more

Blues over bailout put the Footsie in freefall

16.10.08
Markets: The downward spiral of shares that began late on Tuesday continues as the last vestiges of stock-market optimism from the UK's bank bailout plan dissolved... more

Investment chaos sees L&G slide to £56 million

05.08.08
Legal & General’s post-tax profit has been slashed from £672 million this time last year... more

Sterling's big slide may not be over yet

18.03.08
The decline of the dollar has become so much a part of the daily news we barely notice it amid the general mayhem... more

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