L&G's general insurance up for sale - report
Sky News reveals disposal plans and £300m price tag.
Sky News has revealed that Legal & General (L&G) has appointed Fenchurch Advisory Partners to explore the sale of its general insurance operations.
A spokesperson for the insurer told Insurance Age that the company would not be commenting on the report.
According to the article the price tag on the disposal could be north of £300m.
Results
The insurer’s half year results for 2018 showed a pre tax loss of £14m for general insurance business.
The provider said the reversal from a profit of
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