L&G pushes for long-term pricing in home


Mark Holweger, managing director, partnerships, at Legal & General (L&G) has highlighted the importance of insurers pricing for long-term weather following the release of the company's results for 2015.

L&G reported a profit of £51m for its general insurance unit (2014: £59m) and a combined operating ratio (COR) of 89% (2014: 87%).

Holweger noted the provider had "delivered a strong profit performance".

He told Insurance Age: "It has been driven primarily by our pricing, effective claims managem