LV=GI warns over the impact of record temperatures on claims

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Reinsurance News - Aug 11, 2022

UK insurer LV=General Insurance (LV=GI) – bought by Allianz in 2019 – has warned that UK fire and subsidence claims will rise this year due to extreme heat. LV=GI said it was dealing with claims worth £1.2 million after the heatwave of 17 to 20 July, according to a The Guardian article....

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