General insurance – class of business analyses
(a) United Kingdom
| Net written premiums | Underwriting result | Combined operating ratio | ||||
|---|---|---|---|---|---|---|
| 6 months 2004 £m |
6 months 2003 £m |
6 months 2004 £m |
6 months 2003 £m |
6 months 2004 % |
6 months 2003 % |
|
| Personal | ||||||
| Motor | 690 | 657 | 14 | (5) | 102% | 102% |
| Homeowner | 509 | 467 | 18 | 21 | 97% | 96% |
| Creditor | 310 | 289 | 9 | (1) | 102% | 102% |
| Other | 46 | 41 | (2) | 1 | 99% | 97% |
| 1,555 | 1,454 | 39 | 16 | 99% | 100% | |
| Commercial | ||||||
| Motor | 397 | 391 | 4 | (2) | 97% | 100% |
| Property | 436 | 410 | 35 | 5 | 90% | 95% |
| Liability | 210 | 177 | (15) | (17) | 107% | 109% |
| Other | 76 | 64 | 4 | 8 | 92% | 82% |
| 1,119 | 1,042 | 28 | (6) | 96% | 99% | |
| £m | 2,674 | 2,496 | 67 | 10 | 98% | 99% |
During the six months to 30 June 2004, annualised rating increases were as follows: commercial liability: 15%; commercial property: 8%; commercial motor: 2%; homeowners: 2%; and personal motor: 2%.
(b) France
| Net written premiums | Underwriting result | Combined operating ratio | ||||
|---|---|---|---|---|---|---|
| 6 months 2004 €m |
6 months 2003 €m |
6 months 2004 €m |
6 months 2003 €m |
6 months 2004 % |
6 months 2003 % |
|
| Motor | 213 | 205 | - | 3 | 99% | 97% |
| Property and other | 234 | 243 | (9) | (13) | 101% | 103% |
| €m | 447 | 448 | (9) | (10) | 100% | 100% |
| £m | 304 | 305 | (6) | (7) | 100% | 100% |
c) Netherlands
| Net written premiums | Underwriting result | Combined operating ratio | ||||
|---|---|---|---|---|---|---|
| 6 months 2004 €m |
6 months 2003 €m |
6 months 2004 €m |
6 months 2003 €m |
6 months 2004 % |
6 months 2003 % |
|
| Property | 208 | 229 | 20 | 5 | 83% | 93% |
| Motor | 171 | 130 | 2 | 6 | 97% | 95% |
| Liability | 31 | 27 | 4 | 5 | 80% | 75% |
| Other | 91 | 48 | (28) | (20) | 115% | 142% |
| €m | 501 | 434 | (2) | (4) | 94% | 98% |
| £m | 341 | 295 | (1) | (3) | 94% | 98% |
(d) Canada
| Net written premiums | Underwriting result | Combined operating ratio | ||||
|---|---|---|---|---|---|---|
| 6 months 2004 C$m |
6 months 2003 C$m |
6 months 2004 C$m |
6 months 2003 C$m |
6 months 2004 % |
6 months 2003 % |
|
| Automobile | 929 | 844 | (16) | (202) | 102% | 125% |
| Property | 395 | 356 | 34 | 1 | 91% | 100% |
| Liability | 117 | 110 | (15) | (3) | 113% | 103% |
| Other | 19 | 19 | 7 | 4 | 70% | 73% |
| C$m | 1,460 | 1,329 | 10 | (200) | 99% | 115% |
| £m | 601 | 565 | 4 | (85) | 99% | 115% |
