LV pleased with "robust" results, says Steve Treloar
The GI business MD hopes government will finish discount rate consultation quickly after insurer strengthens its reserves by £139m.
LV managing director for general insurance Steve Treloar has described the insurer’s financial results for 2016 as a “robust set of numbers”.
The provider posted a 57% rise in operating profits to £113m for its GI business pre Ogden, however reported a £26m loss post the Ogden change.
Treloar told Insurance Age: “We had our best combined operating ratio since the business launched and we’ve also had our best top-line growth in the last five years so we’re delivering on both growth and
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