Mike Crane takes new role as Allianz completes purchase of LV GI and L&G

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Allianz has completed the purchase of LV general insurance group and the general insurance division of Legal & General, with Mike Crane to head up L&G GI.

Allianz has confirmed that the planned acquisition of the remaining 51% of the LV GI from Liverpool Victoria Friendly Society has been completed.

The group paid £1.07bn for the LV’s GI business.

All

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