There is a grim calculus for insurers handling coronavirus claims, laid bare by Legal & General’s half year results. It paid out £36m in life insurance claims to the families of those who sadly died from Covid-19 – but made a £32m gain from mortality, as it will pay out pensions for fewer years than expected as the elderly pass away.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: