Insurance Post

LV’s H1 profits climb 7% but premiums continue to fall

LV advert

Prior-year claims run off has seen LV notch improved operating profits for the first six months of 2014 in spite of continued decreases in motor insurance rates.

The firm saw general insurance profits climb 7% to £46m from £43m in the same period of 2013.

Underwriting profits also moved upwards, increasing 24% from £17m to £21m, while the combined ratio moved

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here