LV hopes for 'pricing realism' in home following adverse weather

Steve Treloar

LV general insurance CEO hopes that the impact of the Beast from the East on insurers’ property portfolios will introduce a level of “pricing realism” into the market.

LV’s own GI operating profit more than halved due mostly to weather claims, falling from £49m for H1 2017 to £23m for H1 2018.

Its competitors have also been hit. Aviva took a £60m larger hit from

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