L&G half-year profit tops analyst forecasts
L&G half-year profit tops analyst forecasts LONDON, Aug 5 (Reuters) - British insurer Legal & General LGEN.L reported a forecast-topping 7% increase in core operating profit to £918 million ($1.24 billion) for the first half of 2026 on Wednesday, as well as an improved interim dividend of 6.24 pence per share.
The company's Solvency II cover ratio — a key metric of financial strength — was 201%, slightly below a 206% average of analyst forecasts.
($1 = 0.7432 pounds)
(Reporting by Iain Withers
Editing by David Goodman
)
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