No room for lower premiums in household, says Holweger
MD for intermediated business at Legal & General says insurer wants to expand its buy-to-let broker distribution channels.
Mark Holweger, managing director for intermediated business at Legal & General (L&G) noted that the general insurance business had seen a strong set of results after it reported a 36% rise in operating profit for the first half of the year.
Holweger told Insurance Age that two of the drivers behind the results had been benign weather and a focus to drive efficiency up in the insurer's claims management operation, but added that the firm had seen a fall in revenue.
Pricing
He said: "We stay
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