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Insurance
 12 Months Ended
Dec. 31, 2024
Insurances [Abstract]  
Insurance
20. Insurance
        
    2024
$m
             2023
$m		  
At 1 January    
37
      32  
Insurance expenses    
28
      21  
Claims and other amounts paid    
(23
) 
       (15 ) 
Impact of discounting and other changes    
(3
) 
       (1 ) 
At 31 December
    
39
      37  
                     
Analysed as:                    
Current
    
14
      12  
Non-current
    
25
      25  
     
39
      37  
                     
Incurred but not reported claims
a
   
18
      20  
Reported but not settled claims    
21
      17  
     
39
      37  
 
a.
Includes unallocated loss expenses.
Of the total reserves, $15m (2023: $19m) relates to international general liability and $17m (2023: $14m) relates to workers’ compensation. The utilisation of IBNR reserves is dependent on the timing of claims being reported and ultimately being settled; based on historical experience the majority are expected to be settled within five years (2023: five years). The maximum liabilities of the last five policy years is $71m (2023: $49m). Actual claims have not significantly differed from estimates
in
the last five years.
 
        
    2024
$m
        
    2023
$m
  
Revenue from insurance activities
    
23
   
21
Insurance expenses (inclusive of overhead costs)
    
(29
) 
    
(23
) 
Insurance result
    
(6
) 
    
(2
)