Bain Capital aims for 2 million LV= policyholders

Bain Capital stated that it is "committed to the long-term growth and success of LV=" as its contentious acquisition bid heads towards member voting on 10 December. As part of its investment in the insurer, Bain Capital detailed several key objectives for the firm, including the growth of policyholders from 1.2 million to 2 million, reclaiming its position as a "top 3 provider of life insurance products", and extending the footprint of LV='s equity release product. In terms of benefits to LV= members, Bain Capital reiterated the possible £212 million pay out shared between 1.1 million...