L&G publishes 2025 results

Retail gross premium income rising

Cameron Roberts
clock • 1 min read

Provider, L&G, has today (11 March 2026) released its 2025 full-year results, showing growth in both retail and group protection lines.

In a statement, the provider said that the UK protection business was focused on writing "strong volumes at disciplined margins." L&G's group protection grow premiums totalled £2.1 billion at the end of the financial year, up from £2bn in the previous year. These figures led to a 9% increase in gross premium income for group protection according to L&G. The provider recorded 16% growth in overall application volumes on its digital quote, apply and renewal platform, ONIX, in 2025. Online renewals increased by 144% year-on-year in 2025, with a 2% rise in submitted new business quo...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

National Friendly launches term assurance

National Friendly launches term assurance

Friendly Life Cover

Cameron Roberts
clock 15 September 2026 • 2 min read
Shepherds Friendly joins The Right DA Club panel

Shepherds Friendly joins The Right DA Club panel

Access to the provider's income protection proposition

Jaskeet Briah
clock 14 September 2026 • 2 min read
Law Commission publishes final report into Friendly Societies Acts

Law Commission publishes final report into Friendly Societies Acts

Recommends repealing the 1974 Act

Jaskeet Briah
clock 11 September 2026 • 3 min read