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INSURANCE CLAIMS - Schedule of Insurance Claims (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Life insurance and investment contracts      
Adjustments for increase (decrease) in insurance, reinsurance and investment contract liabilities £ (6,588) £ (993) £ (2,625)
Non-participating investment contracts      
Adjustments for increase (decrease) in insurance, reinsurance and investment contract liabilities (6,588) (993) (2,625)
Reinsurers’ share (16) (14)  
Insurance claims (21,120) (14,041) (23,997)
Insurance claims      
Life insurance and investment contracts      
Claims and surrenders (9,063) (7,670) (8,684)
Non-participating investment contracts      
Reinsurers’ share 285 418 290
Receipts from premiums and claims, annuities and other policy benefits (20,833) (13,780) (23,691)
Change in unallocated surplus 35 57 (19)
Insurance claims (21,120) (14,041) (23,997)
Insurance claims | Deaths      
Life insurance and investment contracts      
Claims and surrenders (790) (694) (674)
Insurance claims | Maturities      
Life insurance and investment contracts      
Claims and surrenders (1,022) (873) (1,122)
Insurance claims | Surrenders      
Life insurance and investment contracts      
Claims and surrenders (5,893) (4,641) (5,523)
Insurance claims | Annuities      
Life insurance and investment contracts      
Claims and surrenders (1,194) (1,171) (1,104)
Insurance claims | Other      
Life insurance and investment contracts      
Claims and surrenders (164) (291) (261)
Insurance claims | Other assets      
Non-participating investment contracts      
Reinsurers’ share 290    
Insurance claims | Financial assets at fair value through profit or loss      
Non-participating investment contracts      
Reinsurers’ share (5)    
Insurance claims | Life insurance and investment contracts      
Non-participating investment contracts      
Insurance claims (20,798) (13,723) (23,710)
Insurance claims | Total non-life insurance claims, net of reinsurance      
Non-participating investment contracts      
Insurance claims (322) (318) (287)
Insurance claims | Total non-life insurance claims, net of reinsurance | Weather-related claims, net of reinsurance      
Non-participating investment contracts      
Insurance claims £ (30)    
Percentage decrease in claims and benefits paid, net of reinsurance recoveries 36.00%    
Participating investment contracts | Insurance claims      
Life insurance and investment contracts      
Change in insurance and participating investment contracts (note 30) £ (7,474) (4,590) (12,633)
Adjustments for increase (decrease) in insurance, reinsurance and investment contract liabilities (16,537) (12,260) (21,317)
Non-participating investment contracts      
Adjustments for increase (decrease) in insurance, reinsurance and investment contract liabilities (16,537) (12,260) (21,317)
Non-participating investment contracts | Insurance claims      
Life insurance and investment contracts      
Adjustments for increase (decrease) in insurance, reinsurance and investment contract liabilities (21,118) (14,198) (23,981)
Non-participating investment contracts      
Change in non-participating investment contracts (4,581) (1,938) (2,664)
Adjustments for increase (decrease) in insurance, reinsurance and investment contract liabilities £ (21,118) £ (14,198) £ (23,981)