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Scottish Widows Group

Scottish Widows Group is responsible for the maintenance and integrity of the website on which this SFCR and the accompanying auditor s report are published. The legislation in the UK governing the preparation and dissemination of the SFCR may differ from legislation in other jurisdictions. Scottish Widows Group solvency and Financial Condition Report 31 December 2016 Scottish Widows Group 2 Statement of Directors Responsibilities 4 Independent Auditor s Report 5 Summary 11 A. Business and Performance 14 Business 14 Group Profit 19 Underwriting Performance 19 Investment Performance 21 Performance of other activities 22 Any other information 22 B.

SCOTTISH WIDOWS GROUP 3 D.5 Other information 113 E. Capital Management 115 E.1 Own Funds 116 E.2 Solvency Capital Requirement and …

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