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BRIEF-UK insurer LV= H1 pretax profit jumps to 56 mln stg
September 13, 2017 / 6:15 AM / 13 days ago

BRIEF-UK insurer LV= H1 pretax profit jumps to 56 mln stg

Sept 13 (Reuters) - LV=

* LV=-GENERAL INSURANCE GROSS WRITTEN PREMIUMS UP 4% TO £817M (HY 2016: £785M)

* LV=- OPERATING PROFIT FROM TRADING OPERATIONS UP 58% TO £82M (HY 2016: £52M)

* LV=-PROFIT BEFORE TAX FOR THE GROUP UP TO £56M (HY 2016: £1M)

* LV=-GROUP SOLVENCY II CAPITAL COVERAGE RATIO UP TO 153% (FY 2016: 140%)

* LV=-IN GENERAL INSURANCE WE HAVE SUCCESSFULLY MANAGED THE IMPACT OF THE OGDEN DISCOUNT RATE CHANGE Source text for Eikon:

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