Royal Bank of Canada is enhancing the presentation of its insurance and consolidated results to make its disclosure more comparable to disclosure practices in the insurance industry.

RBC says thechanges are in light of the substantial growth of the bank’s insurance operations in recent years. It adds that the enhanced presentation will better enable investors to understand RBC’s insurance and consolidated results.

The changes will not affect RBC’s earnings, the bank says.

The changes will be applied on a retroactive basis. Tables comparing the previous presentation of results to the enhanced presentation have been made available for the last four quarters and for the year ended 2002 on RBC’s Web site at: http://www.rbc.com/investorrelations/supfi.html.

Further details will be provided when RBC releases its fourth quarter results on November 25.