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LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS - Schedule of Provisions for Unearned Premiums (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Provisions for unearned premiums    
Gross provision at 1 January £ 312 £ 330
Change in provision for unearned premiums charged (credited) to income statement (66) (18)
Gross provision at 31 December 246 312
Reinsurers’ share (17) (16)
Net provision at 31 December 229 296
Increase in the year    
Provisions for unearned premiums    
Change in the year 494 624
Release in the year    
Provisions for unearned premiums    
Change in the year £ (560) £ (642)