Broking break: Your Top Five

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5. News analysis: Allianz and LV deal sees personal and commercial lines business shake-up

Allianz’s £500m deal to buy 49% of LV was not a huge surprise to the market – rumours of talks had been in the press for weeks.

The deal will create a larger personal lines business under the LV brand and current LV MD, general insurance, Steve Treloar will take the reins.

Allianz will move its personal lines business to LV (PetPlan is not included) and take on LV’s commercial offering.


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