REG - Legal & General Grp - L&G Half-year results 2015 Part 2 <Origin Href="QuoteRef">LGEN.L</Origin> - Part 11

Legal & GeneralAnnouncement

05/08/2015 07:02

- Part 11: For the preceding part double click  ID:nRSE1056Vj 

                                                                         
            69 
 
 3.06 LGR new business                                                                                                        
                                                                                                                                                                      
                                                                                                          3         3         3         3         3         3         
                                                                                                          months    months    months    months    months    months    
                                                                                                          to        to        to        to        to        to        
                                                                                                          30.06.15  31.03.15  31.12.14  30.09.14  30.06.14  31.03.14  
                                                                                                          £m        £m        £m        £m        £m        £m        
                                                                                                                                                                      
                                                                                                                                                                      
 Individual Annuities                                                                                     81        99        83        125       139       244       
 Bulk Purchase Annuities                                                                                  491       655       2,619     233       90        3,045     
 Lifetime Mortgage Advances1                                                                              37        -         -         -         -         -         
                                                                                                                                                                      
                                                                                                                                                                      
 Total LGR new business                                                                                   609       754       2,702     358       229       3,289     
                                                                                                                                                                      
 1. £12m of these advances were funded by L&G prior to our acquisition of New Life Home Finance Ltd.                
 
 
 3.07 Insurance new business annual premiums  
                                                                                                              
                                                  3         3         3         3         3         3         
                                                  months    months    months    months    months    months    
                                                  to        to        to        to        to        to        
                                                  30.06.15  31.03.15  31.12.14  30.09.14  30.06.14  31.03.14  
                                                  £m        £m        £m        £m        £m        £m        
                                                                                                              
                                                                                                              
 UK Retail Protection                             41        38        41        41        41        42        
 UK Group Protection                              22        18        11        14        20        20        
 France Protection                                -         31        -         -         -         33        
 Netherlands Protection                           2         1         -         1         -         2         
 US Protection                                    21        20        21        23        24        23        
                                                                                                              
                                                                                                              
 Total Insurance new business                     86        108       73        79        85        120       
                                                                                                              
                                                                                                              
 
 
 3.08 Gross written premiums on Insurance business   
                                                                                                                           
                                                               3         3         3         3         3         3         
                                                               months    months    months    months    months    months    
                                                               to        to        to        to        to        to        
                                                               30.06.15  31.03.15  31.12.14  30.09.14  30.06.14  31.03.14  
                                                               £m        £m        £m        £m        £m        £m        
                                                                                                                           
                                                                                                                           
 UK Retail Protection                                          275       270       273       269       260       254       
 UK Group Protection                                           127       102       57        65        130       99        
 General Insurance                                             83        81        95        104       94        84        
 France Protection                                             42        43        41        41        45        46        
 Netherlands Protection                                        11        13        9         16        12        14        
 US Protection                                                 202       184       184       162       170       162       
 Longevity Insurance                                           85        79        82        84        83        84        
                                                                                                                           
                                                                                                                           
 Total gross written premiums on insurance business  825  772  741       741       794       743       
                                                                                                                           
                                                                                                                           
 
 
Asset and premium flows                                                                                                    
            70 
 
 3.09 Overseas new business in local currency      
                                                                                                               
                                                   Annual    Single    Annual    Single    Annual    Single    
                                                   premiums  premiums  premiums  premiums  premiums  premiums  
                                                   30.06.15  30.06.15  30.06.14  30.06.14  31.12.14  31.12.14  
                                                                                                               
                                                                                                               
 US (US$m)                                         62        -         78        -         150       -         
                                                                                                               
 Netherlands (Em)                                  8         59        4         51        10        138       
                                                                                                               
 France (Em)                                       42        208       40        168       41        351       
                                                                                                               
 India (Rs m) - Group's 26% interest               262       1,515     266       2,257     408       4,003     
                                                                                                               
 Egypt (Pounds m) - Group's 55% interest           61        -         84        -         149       -         
                                                                                                               
 Gulf (US$m) - Group's 50% interest                2         2         1         1         3         5         
                                                                                                               
                                                                                                               
 
 
This information is provided by RNS
The company news service from the London Stock Exchange