L&G pushes for long-term pricing in home
Managing director for partnerships Mark Holweger says prices need to turn in 2016 for insurers to maintain consistency.
Mark Holweger, managing director, partnerships, at Legal & General (L&G) has highlighted the importance of insurers pricing for long-term weather following the release of the company's results for 2015.
L&G reported a profit of £51m for its general insurance unit (2014: £59m) and a combined operating ratio (COR) of 89% (2014: 87%).
Holweger noted the provider had "delivered a strong profit performance".
He told Insurance Age: "It has been driven primarily by our pricing, effective claims
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