About us
What we do
Long term savings
Fund management
General insurance
Our long−term savings business is the group's major engine for growth, accounting for 73% of total net premiums written. Our strategy is to achieve profitable growth by providing customers with a wide choice of high quality products through a mix of distribution channels. We operate in a combination of mature and developing markets, which offer excellent opportunities for both short term and long−term growth.
Key market positions
- No 1: UK
- Top five: Netherlands, Ireland, Spain (bancassurance), Poland, Turkey, Lithuania, Singapore
- Top 10: France, Italy, Belgium, Romania, Australia, India
- Other significant businesses: United States, Germany, China
We continue to develop our presence as a leading international fund manager, with worldwide assets under management of £273 billion. This in-house expertise aims to generate superior investment performance for shareholders, policyholders and third party institutional clients, and supports our long−term savings businesses by investing funds on their behalf.
Key market positions
- No 2: UK-based fund manager
- Top five: Ireland
- Other significant businesses: France, Netherlands, Australia (Navigator investment platform)
Rigorous cost control, disciplined underwriting, excellent customer service and product innovation are at the core of our general insurance business. We aim to deliver high-quality sustainable earnings from market-leading positions in personal insurance and selected commercial lines. Our profitability gives us a solid platform to provide high-quality service, strengthen relationships with our customers and broaden our range of propositions.
Key market positions
- No 1: UK, Ireland
- No 2: Canada
- Top five: Netherlands
- Other significant business: France