Operating assumption changes
Changes in operating assumptions are made when the assumed future levels of expenses, mortality or other operating assumptions are expected to change permanently.
| 6 months 2005 £m |
Restated* 6 months 2004 £m |
Full year 2004 £m |
|
|---|---|---|---|
| United Kingdom | - | 7 | (58) |
| France | - | (1) | 35 |
| Netherlands (including Belgium and Luxembourg) | 6 | 3 | 21 |
| Europe | 1 | (10) | (4) |
| International | - | 1 | (1) |
| 7 | - | (7) | |
| * Restated for the effect of implementing European Embedded Value Principles. | |||
Further disclosures on experience variances and operating assumption changes on an EEV basis are provided on Life EEV operating return before tax.
