XML 232 R183.htm IDEA: XBRL DOCUMENT v3.22.4
VALUE OF IN-FORCE BUSINESS - Schedule of Value of In-Force Insurance and Participating Investment Contracts (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
VALUE OF IN-FORCE BUSINESS (Details) - Schedule of Value of In-Force Insurance and Participating Investment Contracts [Line Items]    
At 1 January £ 45,040  
Movements in the year:    
At 31 December 42,975 £ 45,040
Life and annuity insurance product line | Participating life insurance policy    
VALUE OF IN-FORCE BUSINESS (Details) - Schedule of Value of In-Force Insurance and Participating Investment Contracts [Line Items]    
At 1 January 5,317 5,396
Exchange and other adjustments 7 (9)
Movements in the year:    
Movements in the year (80) (70)
At 31 December 5,244 5,317
Life and annuity insurance product line | New business | Participating life insurance policy    
Movements in the year:    
Movements in the year 416 321
Life and annuity insurance product line | Expected return | Participating life insurance policy    
Movements in the year:    
Movements in the year (360) (355)
Life and annuity insurance product line | Experience variances | Participating life insurance policy    
Movements in the year:    
Movements in the year 18 84
Life and annuity insurance product line | Assumption changes | Participating life insurance policy    
Movements in the year:    
Movements in the year 247 (465)
Life and annuity insurance product line | Economic variance | Participating life insurance policy    
Movements in the year:    
Movements in the year £ (401) £ 345