if you 'buy the rumor and sell the news, is all this rain a rumor?
these two shares are stuck between interims maybe worth a quick .10p short?

more rain forecast, or don't they pay out claims anymore?

Thanks.

Interim Management statement

LEGAL & GENERAL: RECORD THIRD QUARTER SALES; ASSETS UNDER MANAGEMENT OVER £390BN

· UK PROTECTION SALES UP 30% TO £56M (Q3 2011: £43M)

· US PROTECTION SALES UP 33% TO £24M (Q3 2011: £18M)

· INDIVIDUAL ANNUITY SALES UP 10% TO £350M (Q3 2011: £319M)

· AUTO ENROLMENT ACCELERATING FLOWS TO PENSIONS, Q3 NET INFLOWS £429M

· LGIM INTERNATIONAL NET INFLOWS £5.6BN (Q3 YTD 2011: £1.9BN)

· TOTAL OPERATIONAL CASH £702M, OPERATIONAL CASH FROM DIVISIONS UP £25M TO £686M (Q3 YTD 2011: £661M)

· NET CASH GENERATION UP £15M TO £616M (Q3 YTD 2011: £601M)

UPDATE ON US CAPITAL PROGRAMME

LEGAL & GENERAL DELIVERS FURTHER PHASE OF US CAPITAL PROGRAMME ON 31 DEC 2012
· REINSURANCE SOLUTION AT HEART OF PHASE 4 DELIVERS $345M CAPITAL BENEFIT TO L&G AMERICA (LGA) AND £172M TO L&G GROUP IGD SURPLUS

· CUMULATIVE PROGRAMME BENEFITS TO L&G AMERICA $735M OVER 2 YEARS

· CUMULATIVE PROGRAMME BENEFITS TO L&G GROUP IGD SURPLUS OF £402M (£260M IN 2012)

· IMPROVED RETURN ON EQUITY OF L&G AMERICA AND PROFITABILITY OF NEW BUSINESS

LEGAL & GENERAL AGREES LARGEST EVER LONGEVITY INSURANCE DEAL WITH BAE SYSTEMS 2000 PENSION PLAN.

Legal & General has put in place a longevity insurance arrangement for the BAE Systems 2000 Pension Plan ("the Plan"), the largest such arrangement completed in the UK.

The arrangement insures the Plan against the financial risk of its 31,000 current pensioners living longer than expected, covering a total of £2.7bn of liabilities as measured by the Plan, or £3.2bn discounted at Libor1. The pensioners of the Plan will see no changes to its administration.

The transaction demonstrates the increasing appetite of pension schemes and their sponsors for insuring longevity risk, as well as Legal & General's capability in this developing market. Legal & General will retain 30% of the longevity risk, with the remainder being reinsured by Hannover Re.

Looking at 2007 highs.

5+ year high today - final results tomorrow.

Final Results part 1

EARNINGS PER SHARE UP 12% AND DIVIDENDS UP 20%

FINANCIAL HIGHLIGHTS:

· EARNINGS PER SHARE UP 12% TO 13.90P (2011: 12.42P)

· FULL YEAR DIVIDEND UP 20% TO 7.65P PER SHARE (2011: 6.40P PER SHARE)

· OPERATING PROFIT UP TO £1,087M (2011: £1,053M); OPERATING PROFIT FROM DIVISIONS UP TO £1,115M (2011: £1,058M)

· PROFIT AFTER TAX UP TO £801M (2011: £721M)
· NET CASH UP TO £865M (2011: £846M); NET CASH FROM DIVISIONS UP TO £845M (2011: £802M)
· IFRS RETURN ON EQUITY 15.5% (2011: 14.9%)

ACCELERATING GROWTH IN FLOWS AND STOCK:

· LGIM NET FLOWS UP TO £7.1BN (2011: £3.0BN) AUM UP 9% TO £406BN

· INDIVIDUAL ANNUITY SALES UP 26% TO £132M AUM UP 13% TO £32BN

· SAVINGS SALES UP 15% TO £1.5BN AUA UP 8% TO £70BN

· UK PROTECTION SALES UP 25% TO £221M GWP UP 6% TO £1.3BN

· US PROTECTION SALES UP 28% TO $142M GWP UP 10% TO $922M

· GI PREMIUMS UP 15% TO £349M

Looking good!

THANKYOU SKINNY LOOKING GOOD.

Barclays Capital Overweight 165.30 166.00 166.40 - Reiterates

Bank of America Merrill Lynch Neutral 165.30 166.00 155.00 172.00 Reiterates

HB Markets Buy 165.30 166.00 - - Reiterates

Deutsche Bank Buy 165.30 166.00 170.00 170.00 Retains

JP Morgan Cazenove Neutral 165.30 166.00 144.00 - Reiterates

Barclays Capital Overweight 0.00 166.40 180.80 Reiterates

L&Gs First Direct Investment - CALA

LEGAL & GENERAL'S FIRST DIRECT INVESTMENT IN HOUSE BUILDER - CALA GROUP
18 March 2013

Legal & General Group Plc ("Legal & General" or the "Group") has today agreed to acquire an interest in CALA Group Ltd ("CALA"), the UK's premium major home builder, from Lloyds Banking Group. The acquisition values CALA at £210m.

Legal & General will acquire a 46.5% equity stake in CALA, as an equal partner with Patron Capital Partners ("Patron"), alongside management who will take a 7% share. The acquisition will be financed by £140m of equity and £70m of debt. Legal & General and Patron will both have a representative on CALA's Board.

Legal & General's £65m equity investment will be financed from its own resources and comprises initial consideration of £58m and £7m of deferred consideration payable by 17 March 2014. The acquisition is expected to be earnings accretive for Legal & General in its first year and is expected to deliver a return above the Group's weighted average cost of capital. There is no goodwill associated with this transaction.

Legal & General has identified direct investments as a key driver of growth and the acquisition marks the Group's first direct investment of this kind. The acquisition forms part of a strategy to target socially useful projects (including housing, education, transport and energy sectors) that deliver high rates of return and fit Legal & General's financial and strategic criteria.

CALA has a premium market positioning and a presence across the UK in more affluent areas such as the Home Counties, the Cotswolds, and around Glasgow, Edinburgh and Aberdeen. As at 30th June 2012 CALA had gross assets of £354m and profit before tax for the year of £11.4m. CALA's current land bank comprises approximately 15,300 plots, including 9,900 owned and contracted, and a longer term strategic land bank of circa 5,400 plots. Owned and contracted plots represent approximately 10 years' output on current projections, with a potential gross development value of £3.1bn.

Credit Suisse Neutral 170.15 169.10 160.00 175.00 Retains

LEGAL & GENERAL ACQUIRES COFUNDS PLATFORM

Legal & General Group Plc ("Legal & General") has agreed to acquire the 75% share capital of Cofunds Holdings Ltd ("Cofunds"), which it does not already own, for a cash consideration of £131m. The transaction will be financed out of Legal & General's existing cash resources. The acquisition values Cofunds at £175m and is subject to regulatory approval.

LEGAL & GENERAL GROUP PLC: QUARTER 1 2013 INTERIM MANAGEMENT STATEMENT

LEGAL & GENERAL: RECORD ASSETS, SALES AND CASH GENERATION

· TOTAL LGIM AUM UP 9% TO £441BN (FY 2012: £406BN). INTERNATIONAL AUM UP 21% TO £52BN (FY 2012: £43BN)

· LGIM GROSS INFLOWS UP 81% TO £13.6BN (Q1 2012: £7.5BN)

· RECORD LGIM INTERNATIONAL NET FLOWS OF £6.7BN (Q1 2012: £1.2BN)

· BULK PURCHASE ANNUITY Q1 PREMIUMS OF £357M (Q1 2012: £36M)

· RECORD INDIVIDUAL ANNUITY Q1 PREMIUMS UP 51% TO £406M (Q1 2012: £268M)

· GROUP PROTECTION SALES UP 67% TO £20M (Q1 2012: £12M)

· RECORD Q1 WORKPLACE PENSION SALES UP 115% TO £202M (Q1 2012: £94M)

· SAVINGS PRO FORMA AUA OVER £100BN FOLLOWING COMPLETION OF COFUNDS ACQUISITION

· OPERATIONAL CASH GENERATION UP 13% TO £281M (Q1 2012: £249M)

· NET CASH GENERATION UP 19% TO £249M (Q1 2012: £210M)

Panmure Gordon reiterates buy on Legal & General, target up from 190p to 205p.

Up 2% so far on that IMS, I haven't been in these for years but usualy a pretty safe bet all round.

All time high this am @ 177.20.

Deutsche Bank Buy 176.70 189.00 189.00 Retains

All time high @186.10 this morning.

It looks like LGEN are having a Spring clean!

Certainly does Skinny, EXPN, JMAT and AMEC to name but 3.