RSA Insurance News

Zurich Insurance Group AG, Switzerland’s largest insurer, proposed to buy the UK’s RSA Insurance Group plc for about 5.6 billion pounds ($8.8 billion). RSA is willing to recommend the possible offer of 550 pence a share to its shareholders provided …

The UK’s RSA Insurance Group Plc said on Monday it had reached agreement to sell its majority-owned Canadian brokerage business – Noraxis Capital Corp. – to U.S. insurance broker Arthur J. Gallagher & Co. for C$500 million (US$460.60 million). One …