XML 249 R200.htm IDEA: XBRL DOCUMENT v3.22.4
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS - Narrative (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Narrative [Line Items]    
Actuarial gains (losses) arising from changes in financial assumptions, net defined benefit liability (asset) £ 348 £ 43
Guarantee provisions 229 296
Changes in expenses assumptions    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Narrative [Line Items]    
Actuarial gains (losses) arising from changes in financial assumptions, net defined benefit liability (asset) 9 (94)
Participating life insurance policy | Change in persistency assumptions    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Narrative [Line Items]    
Actuarial gains (losses) arising from changes in financial assumptions, net defined benefit liability (asset) 229 (15)
Participating life insurance policy | Change in current and future mortality and morbidity rates    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Narrative [Line Items]    
Actuarial gains (losses) arising from changes in financial assumptions, net defined benefit liability (asset) £ 112 149
With-profit fund £m    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Narrative [Line Items]    
Percent of distributed profits (in percent) 90.00%  
With-profit fund £m | Scottish Widows | Participating life insurance policy    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Narrative [Line Items]    
Additional costs of providing guaranteed benefits £ 1,900 2,500
Non-profit fund £m | Participating life insurance policy    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Narrative [Line Items]    
Additional costs of providing guaranteed benefits 74  
Guarantee provisions £ 30 £ 61