3. Detailed worldwide life and pension new business analysis
| Single | Regular | PVNBP | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 12 months
2007 £m |
12 months
2006 £m |
Local currency growth1 | 12 months
2007 £m |
12 months
2006 £m |
Local currency growth1 | Local currency growth1 | ||||
|
||||||||||
| United Kingdom | ||||||||||
| Individual pensions | 1,717 | 2,086 | (17)% | 389 | 372 | 5% | (10)% | |||
| Group pensions | 615 | 554 | 11% | 83 | 85 | (2)% | 4% | |||
| Annuities | 1,965 | 1,511 | 30% | - | - | - | 30% | |||
| Bonds | 4,192 | 3,588 | 17% | - | - | - | 17% | |||
| Protection | 213 | 257 | (17)% | 131 | 151 | (13)% | (14)% | |||
| Equity release | 243 | 316 | (23)% | - | - | - | (23)% | |||
| UNITED KINGDOM | 8,945 | 8,312 | 8% | 603 | 608 | (1)% | 5% | |||
| France | ||||||||||
| Euro funds2 | 1,930 | 1,804 | 6% | 17 | 10 | 70% | 9% | |||
| Unit-linked funds | 1,225 | 1,283 | (5)% | 53 | 52 | 2% | (4)% | |||
| Protection business | 3 | 3 | - | 20 | 20 | (5)% | (10)% | |||
| 3,158 | 3,090 | 2% | 90 | 82 | 8% | 2% | ||||
| Ireland | ||||||||||
| Life and savings | 627 | 469 | 33% | 40 | 32 | 25% | 30% | |||
| Pensions | 538 | 340 | 57% | 99 | 77 | 25% | 40% | |||
| 1,165 | 809 | 43% | 139 | 109 | 25% | 35% | ||||
| Italy | ||||||||||
| Life and savings | 2,367 | 2,216 | 6% | 107 | 101 | 5% | 5% | |||
| 2,367 | 2,216 | 6% | 107 | 101 | 5% | 5% | ||||
| Netherlands (including Belgium and Germany) | ||||||||||
| Life | 434 | 403 | 7% | 68 | 75 | (11)% | (4)% | |||
| Pensions | 1,321 | 821 | 60% | 92 | 73 | 24% | 43% | |||
| 1,755 | 1,224 | 42% | 160 | 148 | 7% | 25% | ||||
| Poland | ||||||||||
| Life and savings | 264 | 155 | 66% | 28 | 28 | (3)% | 29% | |||
| Pensions | 149 | 83 | 73% | 35 | 20 | 67% | 86% | |||
| 413 | 238 | 69% | 63 | 48 | 26% | 53% | ||||
| Spain | ||||||||||
| Life and savings | 1,192 | 1,044 | 13% | 80 | 70 | 14% | 10% | |||
| Pensions | 569 | 366 | 54% | 34 | 37 | (8)% | 28% | |||
| 1,761 | 1,410 | 24% | 114 | 107 | 7% | 15% | ||||
| Other Europe3 | 135 | 83 | 61% | 73 | 55 | 38% | 39% | |||
| EUROPE | 10,754 | 9,070 | 18% | 746 | 650 | 14% | 15% | |||
| North America | ||||||||||
| Life | 42 | 44 | 5% | 70 | 15 | 438% | 344% | |||
| Annuity | 2,596 | 723 | 290% | 1 | 5 | (80)% | 280% | |||
| Funding agreements | 429 | - | - | - | - | - | - | |||
| NORTH AMERICA | 3,067 | 767 | 334% | 71 | 20 | 294% | 343% | |||
| Asia | 458 | 333 | 44% | 114 | 74 | 61% | 51% | |||
| Australia | 263 | 157 | 63% | 54 | 42 | 26% | 44% | |||
| ASIA PACIFIC | 721 | 490 | 50% | 168 | 116 | 47% | 49% | |||
| Total life and pensions | 23,487 | 18,639 | 26% | 1,588 | 1,394 | 14% | 22% | |||