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INSURANCE PREMIUM INCOME
12 Months Ended
Dec. 31, 2022
Disclosure of insurance premium revenue [Abstract]  
INSURANCE PREMIUM INCOME
NOTE 8: INSURANCE PREMIUM INCOME
2022
£m
2021
£m
2020
£m
Life insurance
Gross premiums:
Life and pensions, excluding annuities7,711 7,515 6,941 
Annuities1,190 531 1,378 
8,901 8,046 8,319 
Ceded reinsurance premiums(369)(376)(333)
Net earned premiums8,532 7,670 7,986 
Non-life insurance
Net earned premiums527 613 629 
Total insurance premium income9,059 8,283 8,615