In the life segment, the new business margin
weakened by 0.
7% declined 170 basis points from the same period in 2012 primarily due to product mix and distribution costs and lower restaurant business margin
The House of Representatives (DPR) and the government have not approved an increase in the business margin
The business margin
is increasing and recession is contributing to its continuous growth.
The new business margin
in the first nine months of the year improved by three percentage points on a year earlier to 35% in the UK, it added.
The group said: 'Both new business contribution and new business margin
improved in the first nine months of 2004 and Scottish Widows remains well capitalised and on track to pay a 2004 dividend to Lloyds TSB.
Despite the lower topline and difficult market conditions, new business margin
During the last six years, British Gas's residential business margin
has averaged 3.
In life assurance, global new business was up 35 per cent at EUR729 million (pounds 372 million), with a new business margin
In Life and Health insurance, the new business margin
rose to 2.
Group EBIT before one-off an indicator capturing the underlying business margin
by excluding material non-recurring charges or profits caused by movements in provisions related to programmes and restructurings or foreign exchange impacts improved to 1,769 million (H1 2013: 1,614 million).