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?

Deutsche Bank Buy 241.75 241.70 239.00 260.00 Retains

Goldman Sachs Neutral 238.40 238.40 220.00 235.00 Reiterates

Interim Management Statement

GROWTH IN ALL DIVISIONS. NET CASH UP 12%.



GROUP HIGHLIGHTS:

· OPERATIONAL CASH UP 8% TO £844M (Q3 YTD 2013: £780M)

· NET CASH UP 12% TO £827M (Q3 YTD 2013: £740M)


BUSINESS HIGHLIGHTS:

· ANNUITY ASSETS UP 16% TO £39.9BN (Q3 2013: £34.5BN)

· LGIM TOTAL ASSETS UP 14% TO £676.3BN (Q3 2013: £594.0BN)

· UK PROTECTION PREMIUM UP 6% TO £1,077M (Q3 YTD 2013: £1,016M)

· SAVINGS AUA UP 13% TO £119.7BN (Q3 2013: £106.2BN)

· LGC DIRECT INVESTMENTS INCREASED TO £4.6BN (Q3 2013: £2.1BN)

· LGA PREMIUM UP 10% TO $824M (Q3 YTD 2013: $746M)

Credit Suisse Neutral 243.40 250.00 265.00 Retains

StockMarketWire.com
Legal & General Group has won a bulk annuity contract with the TRW Pension Scheme removing £2.5 billion liabilities from TRW Automotive's balance sheet and insuring over 22,000 of the scheme's pensioners.

The scheme previously implemented a liability driven investment strategy with Legal & General Investment Management in 2007.

This £2.5 billion transaction follows the £3.0 billion bulk annuity contract with the ICI Pension Fund that Legal & General secured earlier this year, reinforcing Legal & General's position as the leading insurer in tailored pension de-risking solutions for large pension schemes.

Legal & General has now written £8.3 billion of total annuity transactions to date in 2014. Our Q3 Interim Management Statement on 4 November 2014 stated, at that time, we had secured £0.8 billion of bulk premium in the fourth quarter. This £0.8 billion very largely represented the initial tranches of the TRW transaction. Legal & General Retirement managing director Kerrigan Procter said: "We have worked with the TRW Pension Scheme over many years as they moved from Index Funds to Liability Driven Investment and now to buyout, all with Legal & General. It has been a pleasure to build such a great relationship and be in a position to help our client move all the way along their de-risking journey.

"2014 has been a landmark year in the pension de-risking market with the two largest bulk annuity transactions in the UK, both with Legal & General. These demonstrate the strength of Legal & General's tailored pension de-risking solutions."

New high today @248.60p.

Some nice TP hikes in the last few days :-

16 Dec 14 Deutsche Bank Buy 231.50 260.00 270.00 Retains
15 Dec 14 Citigroup Neutral 231.50 220.00 264.00 Retains
11 Dec 14 Nomura Buy 231.50 225.00 300.00 Upgrades

New high today @248.90p.

Berenberg Buy 238.60 238.60 265.00 290.00 Retains

New high today @252.90p.

This guy seems to think L&G may currently be the cat's whiskers!

He seems eminently sensible :-)

I'm up +150% on the my sipped shares - Prelims on 04 Mar 2015.

Skinny, I agree with both of you. I notice none of the LGEN threads has a chart and
this one's header is also dated. If you have the time and inclination,
could you start a new thread with a chart, please.

I can do or we could just get Ian to put a chart in the header here?

Yes, but the header here is ridiculous imo.

Ok.

Link to new thread