{"id":171,"date":"2011-10-26T15:13:43","date_gmt":"2011-10-26T15:13:43","guid":{"rendered":"http:\/\/www.sure2insure.co.uk\/?p=171"},"modified":"2011-10-26T15:13:43","modified_gmt":"2011-10-26T15:13:43","slug":"lv-wins-general-insurance-rating-from-sp","status":"publish","type":"post","link":"https:\/\/sure2insure.co.uk\/?p=171","title":{"rendered":"LV= wins general insurance rating from S&#038;P"},"content":{"rendered":"<p>Managing director John O\u2019Roarke \u2018satisfied\u2019 with BBB+ rating<\/p>\n<p>Standard and Poor\u2019s has awarded LV= a BBB+ rating for its general insurance business.<\/p>\n<p>LV= managing director John O\u2019Roake said he was \u2018satisfied\u2019 with the rating.<\/p>\n<p>He said: \u201cThis is the first time that S&#038;P has prepared a formal financial strength rating on the general insurance business of LV=.<\/p>\n<p>\u201cGiven the current economic environment, with rating agencies recently downgrading both major financial institutions and sovereign territories, we are satisfied with a BBB+ rating. The rating reflects our strong capital position and competitive strengths in the general insurance market.<\/p>\n<p>\u201cWithin the wider analysis, S&#038;P noted the turnaround in LV=\u2019s market position since 2006 and commented on our strong strategic positioning and brand awareness.<\/p>\n<p>\u201cOur focus continues to be on combining growth in market share with healthy profitability and Standard and Poor\u2019s \u2018stable outlook\u2019 rating confirms the sustainability of this strategy.\u201d <\/p>\n<p>The rating is based on LV= general insurance as a whole, including the Highway and ABC brands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Managing director John O\u2019Roarke \u2018satisfied\u2019 with BBB+ rating Standard and Poor\u2019s has awarded LV= a BBB+ rating for its general&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-171","post","type-post","status-publish","format-standard","hentry","category-insurance-companies"],"_links":{"self":[{"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=171"}],"version-history":[{"count":0,"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/171\/revisions"}],"wp:attachment":[{"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sure2insure.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}