Published Date:
23 November 2006
SCOTTISH Widows has an embedded value of £6.4 billion under European embedded value (EEV) accounting methods - £908 million more than was estimated under old methods.
The Edinburgh-based insurance arm of Lloyds TSB said new business profit before tax under EEV was £131m higher at £254m - reflecting the earlier timing of profit recognition.
The full article contains 70 words and appears in Edinburgh Evening News newspaper.
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Last Updated:
23 November 2006 10:11 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh
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Related Topics:
Scottish Widows
