£918 million in first-half operating profit marked a 7% rise for Legal & General, which also lifted its interim dividend 2% to 6.24p a share.
A 37% jump in fee-related earnings drove the result, with CEO António Simões highlighting asset management strength, record annualised net new revenue and a lower 71% cost-income ratio.
L&G said it has completed about £450 million of its £1.2 billion share buyback and reported core operating EPS up 11%, alongside improved dividend cover from earnings and capital generation.
Private markets assets reached £79 billion within L&G's £1.2 trillion global assets under management, up 22%, supporting Simões' view that the group is on track to meet or exceed strategic targets.