British insurer Just Group posts 23% fall in half-year operating profit
Published by Global Banking & Finance Review®
Posted on August 7, 2025
1 min readLast updated: January 22, 2026
Published by Global Banking & Finance Review®
Posted on August 7, 2025
1 min readLast updated: January 22, 2026
Just Group's half-year operating profit fell 23% due to competition and credit spreads, with a takeover by Brookfield Wealth Solutions pending.
(Reuters) -British insurer Just Group posted on Thursday a 23% fall in first-half operating profit, pressured by weaker new business margins amid stiff competition and tighter credit spreads.
The company, which agreed to a 2.4-billion-pound ($3.20 billion) takeover deal by Canada's Brookfield Wealth Solutions in late July, reported an underlying operating profit of 192 million pounds, down from 249 million pounds last year.
($1 = 0.7490 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Sherry Jacob-Phillips)
Just Group posted a 23% fall in first-half operating profit.
The decline was pressured by weaker new business margins amid stiff competition and tighter credit spreads.
Just Group agreed to a 2.4-billion-pound takeover deal by Canada's Brookfield Wealth Solutions.
The company reported an underlying operating profit of 192 million pounds.
The takeover deal was announced in late July.
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