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LV's O'Roarke targets motor reduction to 50% of portfolio

John O Roarke is general insurance managing director at LV

LV is aiming to “reduce its dependence on private motor” with much more of is business concentrated on the home and SME space, according to general insurance managing director John O’Roarke.

Speaking to Post as the group reported a 4% fall in premium income for 2014, largely due to a contracting motor book, O'Roarke, pictured, said the drop was party because low rates had meant it

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