Contents:

Brand-related information: - Index - Overview - Corporate Structure (simplified) - Ratings Information on the main company: Corporate Data - Ownership - Open to New Business? - Year Established - Head Office - Administration Office - Website - Consumer - Website - IFA - Key Personnel - Company Background Overall Financial Strength - Overall Financial Strength Summary - Overall Financial Strength Rating Reinsurance - Approach - Analysis of Reserves A table showing reserves separately for the gross business, reinsurance ceded externally, reinsurance Non Profit Business - General - Non Profit Reserves - Non Profit Financial Strength - Non Profit Financial Strength Rating Unit Linked Business - Approach - Linked Reserves - Unit Linked Financial Strength - Unit Linked Financial Strength Rating With Profits Business - Approach - With Profit Reserves - Profit Sharing Philosophy - Asset Allocation - Distribution of Surplus With Profits Business (continued) - With Profits Realistic Balance Sheet - With Profits Financial Strength - With Profits Financial Strength Rating Key Financial Data - Capital Resources (format for UK registered companies) - Capital (format for non-UK registered companies) - Long Term Business Admissible Assets - Free Assets - Free Asset Ratios - CRR Coverage Ratios - Long Term Business Liabilities and Margins - Key Revenue Items - Expense Ratios New Business Data - Detailed analysis by product line - Growth in New Single Premiums - Growth in New Regular Premiums Information on each additional company covered by the report Corporate Data - Ownership - Open to New Business? - Year Established - Key Personnel - Company Background Overall Financial Strength - Overall Financial Strength Rating - Overall Financial Strength Summary Key Financial Data - Long Term Business Admissible Assets - Free Assets - Free Asset Ratios - CRR Coverage Ratios - Long Term Business Liabilities and Margins New Business Data - Growth in New Single Premiums - Growth in New Regular Premiums Further brand-related information: Distribution - Method - Distribution Split - Image and Strategy - AKG’s Image and Strategy Star Rating Products - Overall Product Philosophy - Products Currently Marketed Service - AKG’s Service Star Rating - Approach - e-Business - Service Standards & Awards - Outsourcing Investment - Overall Approach - Funds Under Management Annual Review - AKG’s Annual Review Star Rating - AKG’s Annual Review Summary- Annual Review Summary

Summary:

In the UK, financial advisers are required to consider the financial strength of organisations with whom they deal. Analysts and others also need information on which to assess life assurance companies. Our Company Profile & Financial Strength Reports are designed to meet the information needs of advisers and analysts alike. The reports cover a broad spectrum of long term insurers operating in the UK, with particular emphasis on those operating in the intermediary market. The reports encompass both life companies and friendly societies. Two different styles of report are included: 1. For each of the leading firms in the market, which participate in the production of the reports, a FULL report is included, containing detailed analysis of all relevant aspects of its long-term business operations, together with a comprehensive set of ratings - Financial Strength Ratings at an Overall level and also separately for Non Profit, Unit Linked and With Profits business; together with Supporting Ratings for the key areas of Image and Strategy, Service and Annual Review. Full reports also contain an abbreviated analysis (including a full set of Financial Strength Ratings) in respect of each other relevant long-term insurer within the group. 2. For each remaining firm, a SHORT report is included, containing an abbreviated analysis of the major aspects of its long-term business operations, together with an Overall Financial Strength Rating. Each report collates relevant information from a range of sources such as a companys returns to the FSA, its report & accounts and material provided by the companies themselves and incorporates expert independent assessment. For full report companies, the process is augmented by regular meetings and communications with our firm.