LV reports £49m GI operating profit during H1 2017
LV has reported a strong growth in its general insurance operating profit which went up to £49m in the first half of 2017, compared to £22m in the same period last year.
The 123% increase in LV’s general insurance operating profit came despite a £31m strengthening in LV’s reserve margin which was offset by reserve releases of £23m.
The insurer’s general insurance
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