Financial results Impact of underwriting experience Dec Dec 1 year 2014 2015 change Rm Rm Core headline earnings as reported 1 852 1 679 (9)% Less: Life insurance underwriting experience 267 21 Adjusted core headline earnings 1 585 1 658 5% Less: Non-life underwriting profit 87 41 Core headline earnings before underwriting 1 498 1 617 8% Profit growth restricted by higher claims