UK insurer Legal & General marginally misses annual profit estimates
11/03/2026 07:15
March 11 (Reuters) - British insurer Legal & General LGEN.L slightly missed annual profit expectations on Wednesday despite CEO Antonio Simoes' company-wide cost overhaul. The company reported 1.62 billion pounds ($2.18 billion) in core operating profit for the year ended December 2025, slightly below analysts' average estimate of 1.65 billion pounds, according to a company-compiled poll. ($1 = 0.7437 pounds) (Reporting by Yamini Kalia and Rishab Shaju in Bengaluru; Editing by Rashmi Aich) ((Yamini.Kalia@thomsonreuters.com))