Transcription of SCOTTISH WIDOWS LIMITED
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SCOTTISH WIDOWS LIMITED (3196171) CONSOLIDATED FINANCIAL STATEMENTS 1 SCOTTISH WIDOWS LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS 31 DECEMBER 2016 Member of Lloyds Banking Group plc SCOTTISH WIDOWS LIMITED (3196171) CONSOLIDATED FINANCIAL STATEMENTS 2 CONTENTS PAGE(S) Company Information 3 Group Strategic Report 4-7 Directors Report 8-10 Independent Auditors Report to the Member of SCOTTISH WIDOWS LIMITED 11-12 Consolidated Statement of Comprehensive Income for the year ended 31 December 2016 13 Balance Sheets as at 31 December 2016 14 Statements of Cash Flows for the year ended 31 December 2016 15 Statements of Changes in Equity for the year ended 31 December 2016 16 Notes to the Financial Statements for the year ended 31 December 2016 17-102 SCOTTISH WIDOWS LIMITED (3196171) CONSOLIDATED FINANCIAL STATEMENTS 3 COMPANY INFORMATION Board of Directors N E T Prettejohn (Chairman) M Christophers M G Culmer M Harris* V Maru A M Blance R L M Wohanka J E M Curtis J F Hylands K A Cook A Lorenzo* * denotes Executive Director Company Secretary J M Jolly Independent Auditors PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors 2 Glass Wharf Bristol BS2 0FR Registered Office 25 Gresham Street London EC2V 7HN Company Registration Number 3196171 SCOTTISH WIDOWS LIMITED (3196171) CONSOLIDATED FINANCIAL STATEMENTS 4 GROUP STRA
SCOTTISH WIDOWS LIMITED (3196171) CONSOLIDATED FINANCIAL STATEMENTS 5 GROUP STRATEGIC REPORT (CONTINUED) Result for the Year (continued) The result includes the impact of the Insurance Business transfer that occurred on 31st December 2015.
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Introduction to Solvency II SCR Standard Formula, Introduction to Solvency II SCR, Risk, Model, Solvency, SOLVENCY II: STANDARD APPROACH VERSUS INTERNAL MODEL, Risk and Solvency Assessment, INSURERS’ OWN RISK AND SOLVENCY, Insurers’ Own Risk and Solvency Assessments, Internal models, The next stage, The next stage Solvency, SCOTTISH WIDOWS