LV profits soar beyond £30m for 2010
LV's general insurance arm has recorded a pre-tax profit of £35m for 2010 – a £33m increase on its prior year performance.
Meanwhile, trading profit was recorded at £30m (2009: £7m).
The insurer saw total gross written premiums rise to £1.18bn (2009 £811m).
The firm recorded an overall combined operating ratio of 104.2%
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