Pension provider and mutual insurer LV= has doubled its group operating profit.
In company results for the half year ended 30 June 2015, LV= said it had seen a group operating profit increase of 103% to £79 million, compared to the £39 million seen in the first half of 2014.
As part of this, its life business posted an operating profit increase of £12 million, after posting a £5 million operating loss at half year results in 2014…. Read more at City Wire