IFRS condensed financial statements
A19 - Analysis of general insurance and health
| Net written premiums | Underwriting result | Longer-term investment return | Operating profit | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
|
| General insurance | ||||||||||||
| United Kingdom1,2 | 2,091 | 2,628 | 5,024 | 63 | 32 | 70 | 227 | 286 | 579 | 282 | 314 | 642 |
| France | 434 | 386 | 678 | 7 | 2 | 28 | 24 | 23 | 53 | 31 | 25 | 81 |
| Ireland | 240 | 262 | 494 | 15 | 8 | (3) | 33 | 33 | 67 | 47 | 41 | 63 |
| Netherlands | 677 | 562 | 1,028 | 6 | 18 | 54 | 53 | 39 | 92 | 59 | 56 | 146 |
| Other | 234 | 199 | 417 | 1 | 5 | - | 23 | 17 | 45 | 24 | 22 | 45 |
| Europe | 1,585 | 1,409 | 2,617 | 29 | 33 | 79 | 133 | 112 | 257 | 161 | 144 | 335 |
| North America | 889 | 771 | 1,601 | 21 | 15 | 21 | 66 | 61 | 124 | 87 | 76 | 145 |
| Asia Pacific | 4 | 3 | 6 | - | (2) | (5) | 1 | - | 1 | 1 | (2) | (4) |
| 4,569 | 4,811 | 9,248 | 113 | 78 | 165 | 427 | 459 | 961 | 531 | 532 | 1,118 | |
| Health insurance | ||||||||||||
| United Kingdom | 207 | 204 | 389 | - | (1) | 8 | 2 | 3 | 6 | 2 | 2 | 14 |
| France | 130 | 99 | 204 | (2) | (1) | 11 | 7 | 6 | 15 | 5 | 5 | 26 |
| Ireland | 23 | 4 | 19 | 1 | - | 4 | - | - | 1 | 1 | - | 5 |
| Netherlands3 | - | 671 | 1,250 | - | (25) | (11) | - | 12 | 42 | - | (12) | 31 |
| Europe | 153 | 774 | 1,473 | (1) | (26) | 4 | 7 | 18 | 58 | 6 | (7) | 62 |
| Asia Pacific | 18 | 11 | 27 | 6 | 1 | 4 | - | - | - | 6 | 1 | 4 |
| 378 | 989 | 1,889 | 5 | (26) | 16 | 9 | 21 | 64 | 14 | (4) | 80 | |
| Total | 4,947 | 5,800 | 11,137 | 118 | 52 | 181 | 436 | 480 | 1,025 | 545 | 528 | 1,198 |
1 United Kingdom includes Aviva Re and agencies in run-off.
2 Operating profit includes an unfavourable impact of £9 million resulting from unwind of discount (30 June 2008: £4 million; 31 December 2008: £8 million).
3 Delta Lloyd health was sold 1 January 2009.
(i) United Kingdom (excluding group reinsurance and agencies in run-off)
| Net written premium | Underwriting result | Combined operating ratio | |||||||
|---|---|---|---|---|---|---|---|---|---|
|
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 % |
6 months 2008 % |
Full year 2008 % |
|
| Personal | |||||||||
| Motor | 541 | 693 | 577 | 4 | (18) | (37) | 101% | 102% | 103% |
| Homeowner | 517 | 585 | 1,188 | 15 | (27) | (57) | 98% | 105% | 104% |
| Other | 199 | 301 | 602 | (41) | (8) | 4 | 117% | 107% | 103% |
| 1,257 | 1,579 | 3,119 | (22) | (53) | (90) | 104% | 103% | 103% | |
| Commercial | |||||||||
| Motor | 252 | 330 | 577 | 14 | 22 | 28 | 96% | 92% | 95% |
| Property | 335 | 418 | 774 | 10 | (9) | (6) | 97% | 99% | 100% |
| Other | 205 | 262 | 511 | 37 | 64 | 92 | 86% | 77% | 85% |
| 792 | 1,010 | 1,862 | 61 | 77 | 114 | 94% | 91% | 94% | |
| Total | 2,049 | 2,589 | 4,981 | 39 | 24 | 24 | 99% | 98% | 99% |
(ii) France
| Net written premium | Underwriting result | Combined operating ratio | |||||||
|---|---|---|---|---|---|---|---|---|---|
|
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 % |
6 months 2008 % |
Full year 2008 % |
|
| Motor | 187 | 164 | 290 | (4) | (3) | - | 101% | 100% | 100% |
| Property and other | 247 | 222 | 388 | 11 | 5 | 28 | 92% | 93% | 93% |
| Total | 434 | 386 | 678 | 7 | 2 | 28 | 96% | 96% | 96% |
(iii) Ireland
| Net written premium | Underwriting result | Combined operating ratio | |||||||
|---|---|---|---|---|---|---|---|---|---|
|
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 % |
6 months 2008 % |
Full year 2008 % |
|
| Motor | 117 | 131 | 243 | 23 | (1) | 9 | 81% | 101% | 99% |
| Property and other | 123 | 132 | 251 | (8) | 9 | (12) | 106% | 95% | 107% |
| Total | 240 | 263 | 494 | 15 | 8 | (3) | 94% | 98% | 103% |
(iv) Netherlands
| Net written premium | Underwriting result | Combined operating ratio | |||||||
|---|---|---|---|---|---|---|---|---|---|
|
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 % |
6 months 2008 % |
Full year 2008 % |
|
| Motor | 174 | 150 | 323 | 1 | (7) | 8 | 100% | 105% | 98% |
| Property | 218 | 174 | 343 | 9 | (5) | (2) | 97% | 98% | 98% |
| Liability | 55 | 50 | 78 | (1) | (2) | 14 | 98% | 97% | 81% |
| Other | 230 | 188 | 284 | (3) | 32 | 34 | 95% | 73% | 87% |
| Total | 677 | 562 | 1,028 | 6 | 18 | 54 | 97% | 92% | 94% |
(v) Canada
| Net written premium | Underwriting result | Combined operating ratio | |||||||
|---|---|---|---|---|---|---|---|---|---|
|
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 £m |
6 months 2008 £m |
Full year 2008 £m |
6 months 2009 % |
6 months 2008 % |
Full year 2008 % |
|
| Motor | 506 | 450 | 880 | 24 | 37 | 47 | 93% | 91% | 95% |
| Property | 274 | 229 | 512 | (19) | (25) | (50) | 110% | 112% | 110% |
| Liability | 92 | 79 | 166 | 14 | (2) | 15 | 86% | 101% | 90% |
| Other | 17 | 13 | 43 | 2 | 5 | 9 | 69% | 58% | 73% |
| Total | 889 | 771 | 1,601 | 21 | 15 | 21 | 97% | 98% | 99% |
