H1 16 operating EPS increased by 1.3% to 22.4p and IFRS operating profit improved to £1,325m (up 13.2% yoy). Life insurance has posted improvements in profits to £1,021m (+20% yoy) but the General insurance & Health showed a downturn trend to £334m (-20.8% yoy). The combined operating ratio increased by 3.1% to 96.2%. Fund Management’s earnings increased by 48% to £49m. IFRS profit after tax stood at £201m (-63.1% yoy). VNB increased 9% (7% at constant
