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Legal & General

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Annual Report and Accounts 2009

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10 Time value of options and guarantees.

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2009
£m

2008
£m

1.	Includes £9m (2008: £21m) relating to UK with-profits business, reflecting the impact of rising investment markets, and £4m (2008: £25m) relating to UK non profit business, due to a higher inflation environment than 2008 and its impact on the allowance for negative inflation within the annuity business.

Risk and Savings¹

13

46

International

19

13

32

59

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