Mixed results for LV as GWP drops
LV has reported £720m general insurance gross written premiums for the six months ended 30 June 2014; a drop from £748m for the same period last year.
According to the insurer's Q2 2014 trading statement, private motor GWP fell from £559m in 2013 to £495m while commercial saw an increase from £96m last year to £117m. Home insurance GWP grew to £89m
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