Legal & General 9-month sales up 32 pct

Have you noticed that now, after the hurricane shock has subsided, insurers are making buckets of money? Naturally, this becomes clear after one of my favorite companies, GE, essentially gets out of the market. Meanwhile, GE's share price continues to stagnate:

L&G, the UK's fourth-biggest insurer by market value, said worldwide new business for the nine months to Sept 30 came in at 1.294 bln stg on an annual premium equivalent basis, up from 979 mln stg in the same period last year.

Link: Legal & General 9-month sales up 32 pct