Legal & General Q1 net cash generation rises, net inflows drop

May 6, 2015 6:21 AM

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LONDON May 6 (Reuters) - Insurer Legal & General posted an 8 percent rise in net cash generation in its first quarter to March 31, but inflows to its asset management arm dropped, compared with a year earlier.

Net cash generation rose to 330 million pounds and operational cash generation rose 11 percent to 326 million pounds, L&G said in a trading statement on Wednesday.

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