Legal & General Group Plc L&G FY 2014 results -14-
04 März 2015 - 8:02AM
UK Regulatory
movements 2.2 1.1 0.4 0.2 - (0.2) 3.7 0.6 0.1
At 31 December
2013 64.1 36.3 8.7 6.6 4.5 (6.8) 113.4 20.5 34.4
1. Platforms include Investor Portfolio Services (IPS) and
Cofunds since acquisition.
2. Mature Retail Savings products include with-profits products,
bonds and retail pensions.
3. Consolidation adjustment represents Suffolk Life and Mature Retail
Savings assets included in the Platforms column.
4. 2013 Retail Investments include GBP1.5bn (Q1 2013: GBP1.3bn; Q2 2013:
GBP1.3bn; Q3 2013: GBP1.4bn) of LGIM unit trust assets held on our Cofunds
platform and GBP3.2bn (Q1 2013: GBP3.1bn; Q2 2013: GBP3.0bn; Q3 2013:
GBP3.1bn) of LGIM unit trust assets held on our IPS platform.
5. Platforms gross inflows include Cofunds institutional net flows.
Total Platforms comprise GBP36.3bn (Q1 2013: GBP9.1bn; Q2 2013: GBP34.2bn;
Q3 2013: GBP35.1bn) of retail assets and GBP27.8bn (Q1 2013: GBPnil;
Q2 2013: GBP19.5bn; Q3 2013: GBP23.2bn) of assets held on behalf of
institutional clients.
Assets and premium flows 62
3.05 Annuities single premiums quarterly progression
3 3 3 3 3 3 3 3
months months months months months months months months
to to to to to to to to
31.12.14 30.09.14(1) 30.06.14 31.03.14 31.12.13 30.09.13 30.06.13 31.03.13
GBPm GBPm GBPm GBPm GBPm GBPm GBPm GBPm
Individual Annuities 83 125 139 244 200 323 348 406
Bulk Purchase Annuities 2,619 233 90 3,045 199 1,943 313 357
Total Annuities 2,702 358 229 3,289 399 2,266 661 763
1. Excludes GBP1.9bn of annuity assets transferred from the with-profits
fund.
3.06 Insurance new business
Annual Annual
premiums premiums
2014 2013
GBPm GBPm
UK Retail Protection 165 148
UK Group Protection 65 70
France Protection 33 21
Netherlands Protection 3 7
US Protection 91 99
Longevity Insurance - 270
Total Insurance new
business 357 615
3.07 Insurance new business annual premiums quarterly progression
3 3 3 3 3 3 3 3
months months months months months months months months
to to to to to to to to
31.12.14 30.09.14 30.06.14 31.03.14 31.12.13 30.09.13 30.06.13 31.03.13
GBPm GBPm GBPm GBPm GBPm GBPm GBPm GBPm
UK Retail Protection 41 41 41 42 43 40 38 27
UK Group Protection 11 14 20 20 13 17 20 20
France Protection - - - 33 - - - 21
Netherlands Protection - 1 - 2 2 1 2 2
US Protection 21 23 24 23 26 28 23 22
Longevity Insurance - - - - 95 - - 175
Total Insurance new
business 73 79 85 120 179 86 83 267
Assets and premium flows 63
3.08 Gross written premiums on Insurance business
12 12
months months
to to
31.12.14 31.12.13
GBPm GBPm
UK Retail Protection 1,056 990
UK Group Protection 351 336
General Insurance 377 375
France Protection 173 168
Netherlands Protection 51 54
US Protection 678 654
Longevity Insurance 333 212
Total gross written premiums on Insurance business 3,019 2,789
3.09 Gross written premiums on Insurance business quarterly progression
3 3 3 3 3 3 3 3
months months months months months months months months
to to to to to to to to
31.12.14 30.09.14 30.06.14 31.03.14 31.12.13 30.09.13 30.06.13 31.03.13
GBPm GBPm GBPm GBPm GBPm GBPm GBPm GBPm
UK Retail Protection 273 269 260 254 256 250 244 240
UK Group Protection 57 65 130 99 54 74 123 85
General Insurance 95 104 94 84 95 97 97 86
France Protection 41 41 45 46 41 41 43 43
Netherlands Protection 9 16 12 14 13 14 13 14
US Protection 184 162 170 162 172 156 172 154
Longevity Insurance 82 84 83 84 60 60 60 32
Total gross written
premiums on
Insurance business 741 741 794 743 691 692 752 654
3.10 Overseas new business in local currency
Annual Single Annual Single
premiums premiums APE premiums premiums APE
31.12.14 31.12.14 31.12.14 31.12.13 31.12.13 31.12.13
US (US$m) 150 - 150 155 - 155
Netherlands (EURm) 10 138 24 10 126 23
France (EURm) 41 351 76 26 312 57
India (Rs m) - Group's
26% interest 408 4,003 808 491 4,264 917
Egypt (Pounds m) -
Group's 55% interest 149 - 149 136 - 136
Gulf (US$m) - Group's
50% interest 3 5 4 3 4 3
Assets and premium flows 64
3.11 Worldwide new business
Annual Single Annual Single APE
premiums premiums APE premiums premiums APE Increase/
2014 2014 2014 2013 2013 2013 (decrease)
GBPm GBPm GBPm GBPm GBPm GBPm %
Individual Annuities - 591 59 - 1,277 128 (54)
Bulk Purchase Annuities - 5,987 599 - 2,812 281 113
Total LGR(1) - 6,578 658 - 4,089 409 61
UK Retail Protection 165 - 165 148 - 148 11
UK Group Protection 65 - 65 70 - 70 (7)
France 33 283 61 22 264 48 27
Netherlands 8 111 19 8 107 19 -
Workplace Savings 592 1,061 698 660 747 735 (5)
Platforms (Cofunds
& IPS)(2) 56 3,624 418 43 2,452 288 45
Suffolk Life - 1,239 124 - 1,330 133 (7)
Mature Retail Savings(3) 10 791 89 11 790 90 (1)
With-profits 53 75 61 53 80 61 -
Total LGAS 982 7,184 1,700 1,015 5,770 1,592 7
Retail Investments(4) 13 4,018 415 12 3,427 355 17
US Protection 91 - 91 99 - 99 (8)
Legal & General (LSE:LGEN)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Legal & General (LSE:LGEN)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
