Legal & General Group Plc (LGEN) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and a warm welcome both to those of you in the room and to those joining online. Thank you for your interest in legal in general. I'm Andy Sinclair, LNG's Chief Strategy and Investor Relations Officer. So our running order for today will be as follows. Antonio will open with an update on progress we've made delivering our strategy, along with the highlights from H1. Andrew will cover the results in more detail. And then Antonio will be back with some more comments on our outlook before opening to Q&A, at which point Antonio will be joined by Andrew and the CEOs of our three businesses to take your questions. For Q&A, again, we'll be keeping it to two questions each. Thank you for your cooperation last time around. With that, over to you, Antonio. Thank you, Andy. And good morning, everyone. Great to see you here. So I'm pleased with what we have delivered so far in 2026. We are delivering on our promises, and this starts with our 30 million customers. We want to be the best company for them to invest and retire with, and we're doing that at scale. First, as the UK's leading annuity player, we provide income every month to 1 million retirees. Actually, you can see it on the slide. Those payments were over 3.7 billion in the first half of 2026. As the UK's largest asset manager, we're trusted to invest on behalf of both institutional clients and individuals, including more than 5.2 million workplace customers. And finally, on the right hand side, since we were founded in 1836, we've always provided protection insurance. In the first half of this year, we have paid almost 700 million to support customers and their families. and we are delivering for shareholders. As you can see on the slide, we have generated year on year predictable growth in our headline ...