5% reduction would make home cover unprofitable says O'Roarke
Reductions of just 5% in the cost of home insurance could render the line unprofitable for many insurers according to LV’s general insurance managing director John O’Roarke.
Speaking after LV revealed operating profits of £46m for the first half of the year, O'Roarke told Post that competitive pressures in personal lines motor are being replicated in home pricing.
"Prices
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