Standard Life reports flat first half

Insurer Standard Life reported a flat first half today after seeing overseas growth outweigh slower UK business.

Standard Life reports flat first half
Thu, 01 Jul, 2004 - 16:00

Insurer Standard Life reported a flat first half today after seeing overseas growth outweigh slower UK business.

The group, which has announced controversial plans to demutualise, said total annual premium equivalent (APE) – a key measure of new business among insurers - in its UK life and pensions business fell 11% against the first half of 2003.

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