Legal & General offloading its general insurance unit
Legal & General | December 13, 2018
British financial services group Legal & General which in February revealed it was collaborating with a US insurtechto develop an on-demand homeshare insurance product is now reportedly looking at selling its general insurance business. The unit offers home insurance, pet insurance, travel insurance, car insurance, and lifestyle insurance. Sky News sources estimate the operations’ likely sale price to be in the region of £300 million.