LV= announces 2019 interim results
New business sales of £710m, down from £970m over same period in 2018
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...
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