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First quarter 2014 update

  • Value of new business up 13% to £228m1
  • Combined operating ratio 97.7% (1Q13:95.5%)
  • IFRS net asset value up 6% to 286p
  • Pro forma economic capital2 surplus £7.8bn



A final dividend of 9.4p was paid on 16 May 2014 to ordinary shareholders on the Register of Members on 4 April 2014.

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Our heritage

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Discover some of the facts and stories from our 300-year history.

Corporate responsibility

CR report

By acting responsibly for the long term we ensure that we will deliver on our commitments our customers.

1. In constant currency: excludes Eurovita, Aseval and Malaysia
2. The pro forma economic capital surplus includes the benefit from strategic transactions completed in 1Q14. The economic capital surplus represents an estimated position.

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