LV Q1 GWP slumps despite climbing policy numbers
Reductions in LV’s motor book have seen the insurer record increased policy numbers but falling gross written premium for Q1 on a year-on-year basis.
The mutual reported total in force general insurance policies up from 4.2m to 4.5m, with the increase coming across its home, commercial and other businesses, while motor premiums remained flat at 3
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