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LV Group bounces back from 2009 loss

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Mutual insurance, retirement and investment group LV has recorded a result after tax of £21.3m for 2010, following a loss of £172.2m in 2009.

Net-earned premiums were up 43% to £1.65bn (2009: £1.15bn), while assets under management were up 13% to £8.0bn (2009: £7.1bn).

The Group also recorded:

IFRS loss before tax of £18.3m (2009: loss of

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