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Legal & General Half Year Results.

For discussion of the practicalities of setting up and operating income-portfolios which follow the HYP Group Guidelines. READ Guidelines before posting
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Tight HYP discussions only please - OT please discuss in strategies
Wizard
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Re: Legal & General Half Year Results.

#331347

Postby Wizard » August 6th, 2020, 11:28 am

Alaric wrote:
Dod101 wrote:That's interesting about Direct Line


From the link
Provided by AIG.


So they are just acting as an introducing agent, not an underwriter.

https://en.wikipedia.org/wiki/American_ ... onal_Group

Not saying it is what Direct Line are doing, but it would not be the first time a business has dipped a toe in the water in this way to determine if it is worth making the investment in their own capability in the area.

idpickering
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Re: Legal & General Half Year Results.

#331369

Postby idpickering » August 6th, 2020, 12:09 pm

Wizard wrote:
Alaric wrote:
Dod101 wrote:That's interesting about Direct Line


From the link
Provided by AIG.


So they are just acting as an introducing agent, not an underwriter.

https://en.wikipedia.org/wiki/American_ ... onal_Group

Not saying it is what Direct Line are doing, but it would not be the first time a business has dipped a toe in the water in this way to determine if it is worth making the investment in their own capability in the area.


All very interesting, but has nothing to do with the subject of this thread. Stay on topic please. Again.....

Dod101
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Re: Legal & General Half Year Results.

#331379

Postby Dod101 » August 6th, 2020, 12:40 pm

Whilst taking IDP's comment on board I think we should wrap up the reference to Direct Line by confirming that it does not write life insurance and is therefore no competitor for L & G and to compare them is like comparing the mythical apples and oranges.

Dod

Wizard
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Re: Legal & General Half Year Results.

#331382

Postby Wizard » August 6th, 2020, 12:55 pm

Dod101 wrote:Whilst taking IDP's comment on board I think we should wrap up the reference to Direct Line by confirming that it does not write life insurance and is therefore no competitor for L & G and to compare them is like comparing the mythical apples and oranges.

Dod

Both fruit though, so when compared to a brick they look relatively similar... ;)


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