LV= announces 2019 interim results

New business sales of £710m, down from £970m over same period in 2018

clock • 2 min read

Mutual insurance, retirement and investment group LV= announces its interim results for the six months ending 30 June 2019

Strategic highlights include the appointment of Clive Bolton and Debbie Kennedy to lead the savings and retirement, and protection businesses, respectively, as well as plans to convert to a mutual company limited by guarantee. Another key strategic highlight is the sale of LV='s general insurance business to Allianz, planned to go through at the end of this year, removing the group from the general insurance market. Richard Rowney, LV= group chief executive, provides commentary around the interim financial results:  "We continue to deliver value for our members and the annualised return ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

The COVER Review: Health claims, policy updates and Targeted Support

The COVER Review: Health claims, policy updates and Targeted Support

Week commencing 27 October 2025

COVER
clock 31 October 2025 • 1 min read
AXA life and health premiums up 9% in Q3 2025

AXA life and health premiums up 9% in Q3 2025

Premiums hit €42.3bn (£37.3bn)

Jaskeet Briah
clock 31 October 2025 • 1 min read
New COO and non-exec director for Cirencester Friendly

New COO and non-exec director for Cirencester Friendly

Shirley Fell to retire

Cameron Roberts
clock 30 October 2025 • 1 min read