Ogden cut causes $173mn reserves hit at LV
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Ogden cut causes $173mn reserves hit at LV

Laura Board
12 April 2017
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Mutual insurer LV swung into the red in 2016 as it increased its reserves by £139.0mn ($172.9mn) to offset the impact of a steeper-than-expected cut in the UK discount rate for personal injury compensation.

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Laura Board
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