Strong Operating Profit Growth
Operating profit was up 20% to nearly £1.8 billion, with strong performance across key metrics.
Record Dividend Increase
Total dividend per share increased by 7% year-on-year, with a final dividend of 23.8p per share announced.
Significant Growth in General Insurance
U.K. and Ireland General Insurance grew by 16%, with notable expansion in Global Corporate and Specialty and Commercial Lines.
Wealth and Retirement Growth
Wealth hit £50 billion of assets on the adviser platform, and retirement delivered record bulk purchase annuity volumes.
Proposed Acquisition of Direct Line
The acquisition is expected to create a leader in U.K. personal lines, with anticipated £125 million in cost synergies.