Insurer’s nine-month GWP rises 7%

Legal & General wrote £221m of general insurance gross premium in the first nine months of 2011, up £15m, or 7%, compared with the same period last year.

Legal & General said the general insurance business GWP level had benefitted from the launch of its Direct Proposition products and continuing strong performance in the broker channel.

Total GWP for Legal & General’s protection business for the first nine months of 2011 was £915m, up £20m compared with the same period last year.

New business annual premium equivalent in the housing and protection division increased 5% to £137m.

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