Interim results for 6 months ended 30 June 2006
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 2006 £m |
6 months 2005 £m |
Full year 2005 £m |
|
|---|---|---|---|
| France | - | - | 14 |
| Netherlands (including Belgium, Germany and Luxembourg) | 20 | 7 | 55 |
| Rest of Europe | (17) | - | 2 |
| Continental Europe | 3 | 7 | 71 |
| Rest of the World | - | - | 2 |
| International | 3 | 7 | 73 |
| United Kingdom | - | - | (56) |
| Total | 3 | 7 | 17 |
Germany has been reclassified from Other Europe to the Netherlands, Lithuania has been reclassified from Other Europe to Poland and Norwich Union’s Dublin-based offshore life and savings business has been reclassified from Other Europe to the United Kingdom.
Further disclosures on experience variances and operating assumption changes on an EEV basis are provided in the Segmental analysis of the components of life EEV operating return.
