In the first half of 2008, the Group posted £2.8bn in profit.
The statutory profit before tax was £6bn which includes an £11.2bn acquisition-related negative goodwill gain associated with the acquisition of HBOS.
Profit before tax in Scottish Widows increased by 7 per cent to £287m whereas profit before tax in the Clerical Medical and Halifax Life businesses decreased by £102m, or 71 per cent, to £41m.
Lloyds says while good progress has been made to integrate the UK life, pensions and investment businesses across the division in the first half of 2009, there are a number of historic differences which inevitably will take longer to fully align.
In the first half of 2009 sales through IFAs have reduced by 29 per cent. Lloyds says this is primarily driven by a reduction in individual pension volumes, reflecting current economic conditions, and a reduction in life bonds, reflecting a lack of consumer confidence in equity-backed products.
The intermediary sales forces of Scottish Widows and Clerical Medical are currently being integrated and a bancassurance proposition is planned for launch in 2010 under the Scottish Widows brand.