6 Net Operating Expenses

Click icon to see this table
in Excel format

 Long-term business General business
 1998 £m 1997 £m 1998 £m 1997 £m
Acquisition costs 874 706 29 39
Change in deferred acquisition costs (126) (145) 5 1
Administrative expenses 510 446 55 43
Reinsurance commissions and profit participation 30 3 (3)
Total 1,288 1,010 86 83

 

To Top