LV= pays out £2.5m on 300 Coronavirus claims

Protection insurer LV= has made payments of more than £2.5m so far in Coronavirus-related income protection and death claims to nearly 300 individuals and families.

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LV= reports rise in demand for fixed term annuities

Financial provider LV= says applications for its fixed term annuities have doubled over the past month.

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LV= returns to profit after restructure

 

LV= has moved from a £90m pre-tax loss from continuing operations in 2018 to a profit of £15m last year following a major restructure and cost-cutting.

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Openwork and LV= back CII drive to improve female lives

Adviser network Openwork and insurer LV= are two of the latest companies to commit to a CII-backed campaign to improve the financial lives of women.

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