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LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS - Schedule of Insurance Claims Outstanding (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Claims outstanding    
Reinsurers’ share £ (616) £ (759)
Participating life insurance policy    
Claims outstanding    
Increase in liabilities charged to the income statement   (39)
Participating life insurance policy | Current year    
Claims outstanding    
Adjustments for increase (decrease) in other current liabilities   367
Participating investment contracts    
Claims outstanding    
Increase in liabilities charged to the income statement 402  
Participating investment contracts | Current year    
Claims outstanding    
Adjustments for increase (decrease) in other current liabilities 13  
Not expired at year end | Participating life insurance policy    
Claims outstanding    
Gross claims outstanding at 1 January 288 265
Cash paid for claims settled in the year (342) (305)
Increase in liabilities charged to the income statement 415 328
Change in liabilities charged to the income statement (note 10) 73 23
Gross claims outstanding at 31 December 361 288
Reinsurers’ share (2) 0
Net claims outstanding at 31 December 359 288
Notified claims 208 177
Incurred but not reported £ 151 £ 111