Results Summary

CIS Co-operative Insurance

The last twelve months
CIS Financial Statements 2003

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Results Summary

Chair's Statement

Chief Executive's Overview

Operational and Business Developments

Directors' Report

Corporate Governance Report

Auditor's Report

Financial Statements

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Results summary for 2003

1 year on

Graph showing General Insurance Premium income from motor, property and other sources between 1999 and 2003.
Income in 1999 from motor 191.0, property 165.9, other 17.8. Total 1999 374.7. Income in 2000 from motor 277.9, property 163.9, other 15.9. Total 2000 457.7.
Income in 2001 from motor 412.7, property 169.1, other 17.6. Total 2001 599.4.
Income in 2002 from motor 444.8, property 184.3, other 19.1. Total 2002 648.2.
Income in 2003 from motor 434.5, property 178.7, other 22.3. Total 2003 635.8.

Graph showing General insurance technical results between 1999 and 2003. In 2003 income was 61.7 compared with 27.5 in 2002, 13.8 in 2001, 22.4 in 2000 and -15.4 in 1999.

Graph showing general insurance profit between 1999 and 2003. In 2003 profit was 136.5 compared with -283.2 in 2002, -208.6 in 2001, 106.8 in 2000 and -38.5 in 1999

Graph showing insurance funds under management (market value) for 1999 as £23.1bn; 2000 as £21.8bn; 2001as £19.8bn; 2002 as £17.5bn and 2003 as £19.1bn.

Graph showing total premium and unit trust income in 2003.
Unit trusts £187 million, Life assurance £732 million, Pensions £416 million, Property insurance £179 million, motor insurance £434 million and other non-life insurance £23million

Chair's Statement

Increase in general insurance business pre-tax profit excluding short-term fluctuations 124%
Post tax profit for general insurance £136.5m
Insurance funds under management £19.1bn

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