LV profit stable while GWP rises 6%
LV's general insurance business has reported 6% growth in gross written premium income to £747m (H1 2011: £704m) in the first half of the year.
Pre-tax profit was stable at £53m (H1 2011: £52m), while the combined operating ratio improved one percentage point to 97%.
Trading profit was £62m (H1 2011: £55m) and return on capital employed
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