Non-mortgage sales lifts L&G protection business

However the insurer suffered a notable drop in group risk business from July to September but expects this to be addressed with a recovery in quarter four. It blamed pressures on employment and salaries in general for new business results of £39m (APE) in the nine months to September, slightly down against the same point last year of £42m. The third quarter figure of £10m was the lowest since pre-2010 with the previous six quarters consistently hitting £14m or £15m. The provider explained that "with a strong pipeline, sales are expected to improve during quarter four". Individua...