March 28, 2018 / 6:11 AM / in 7 months

BRIEF-LV= posts FY pretax profits of 122 mln stg

March 28 (Reuters) -

* ‍MUTUAL INSURANCE, RETIREMENT AND INVESTMENT GROUP LV= ANNOUNCES ITS FINANCIAL RESULTS FOR YEAR TO 31 DECEMBER 2017​

* LV POSTS PROFIT £158 MILLION (FY 2016: £12 MILLION LOSS​

* ‍GENERAL INSURANCE GROSS WRITTEN PREMIUMS £1.60 BILLION (FY 2016: £1.58 BILLION).​

* PROFIT BEFORE TAX FOR GROUP UP TO £122 MILLION (FY 2016: £49 MILLION LOSS).

* The Group Solvency II capital coverage ratio up to 180% (FY 2016: 140%)​ Source text for Eikon: Further company coverage: [ ] (Reporting By Sinead Cruise)

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