O'Roarke confident broker division will return to profit
Bad weather, claims inflation and the distribution of large losses were the drivers of LV's general insurance broker division reporting a loss in 2015, but GI managing director John O'Roarke is confident that segment will make a return to profit.
The broker division recorded a £19m loss in the year ended 31 December 2015, alongside a 22% drop in operating profit for the general insurance business.
O'Roarke, pictured, told Post three factors
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