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LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Provisions for Unearned Premiums - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Provisions for unearned premiums    
Gross provision at 1 January £ 333 £ 342
Change in provision for unearned premiums charged to income statement (3) (9)
Gross provision at 31 December 330 333
Reinsurers’ share (14) (14)
31 December 316 319
Increase in the year    
Provisions for unearned premiums    
Change in the year 655 663
Release in the year    
Provisions for unearned premiums    
Change in the year £ (658) £ (672)