Geographical analysis of life, pensions and investment sales

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  Total new business
sales
Annual premium
equivalent sales(2)
  12 months to
31 Dec 2004
£m
Local
currency
growth (1)
12 months to
31 Dec 2004
£m
Local
currency
growth (1)
Life and pensions        
         
United Kingdom (3) 6,540 11% 1,118 5%
         
France 2,516 29% 307 30%
Ireland 269 10% 86 9%
Italy 1,574 11% 198 4%
Netherlands
(including Belgium and Luxembourg)
1,279 32% 261 19%
Poland 91 46% 37 8%
Spain 1,657 16% 248 3%
Other Europe 426 25% 124 30%
Continental Europe 7,812 22% 1,261 15%
         
International 765 (4%) 171 (2%)
         
Total life and pensions 15,117 15% 2,550 9%
         
Investment sales        
         
United Kingdom 859 26% 103 26%
         
Netherlands 196 (2%) 20 (2%)
Poland 77 (28%) 10 (20%)
Other Europe 254 431% 25 429%
Continental Europe 527 49% 55 49%
         
International 243 144% 24 144%
         
Total investment sales 1,629 44% 182 41%
         
Total long-term savings 16,746 18% 2,732 11%
         
Navigator sales
(not included above)
661 5%    

(1) Growth rates are calculated based on constant rates of exchange.
(2) Annual premium equivalent (APE) is the UK industry's standard measure
     of new regular premiums and 10% of single premiums.
(3) United Kingdom new business sales shown in the table do not include
     new business sales through Norwich Union Equity Release “NUER”.
     Total new single premium mortgage completion sales amounted to
     £478 million (2003: £501 million).


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