Treloar hails "excellent" results for LV in H1 2017
MD for general insurance states insurer will be the "go-to destination" for personal lines brokers following deal with Allianz.
LV managing director for general insurance Steve Treloar has hailed the provider’s “excellent set of results” for the first half of 2017.
The insurer reported a 123% increase in operating profit for its GI business, along with an improved combined operating ratio (COR) to 93.6%.
Treloar told Insurance Age: “We have a growing business which is great and our revenue was up 4% in the first half versus the same time last year.
“We’re doing that at the same time as coming out of broker home, which
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