UK Insurer RSA Accepts $9.6 Billion Cash Takeover Offer November 18, 2020 By Iain Withers and Carolyn Cohn Canada’s Intact Financial and Denmark’s Tryg on Wednesday said they had reached an agreement to buy British insurance group RSA...
The $9.5 Billion Takeover Offer for RSA May Be Too Good to Refuse: Opinion November 6, 2020 By Chris Hughes, Bloomberg Opinion A takeover offer that would have been so-so in February becomes impossible to refuse for a company whose shares have...
Update: UK Insurer RSA Receives $9.4B Takeover Offer From Intact Financial, Tryg November 5, 2020 By Carolyn Cohn and Pamela Barbaglia RSA is in talks with a consortium of Canadian insurer Intact Financial and Danish insurer Tryg about a possible break-up...
Insurer RSA Says Pandemic Exclusions Will Limit Impact of England’s 2nd Lockdown November 5, 2020 By Carolyn Cohn England’s second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions,...
UK Insurance Industry Leaders Form Steering Group to Propose Pandemic Response, Chaired by Catlin April 21, 2020 UK Insurance industry leaders have combined to form a steering group, which will work with terrorism reinsurer Pool Re, with...
UK’s RSA Insurance Posts Above-Forecast Profit of $920.2M in 2017 February 22, 2018 By Carolyn Cohn Even higher payouts for RSA shareholders are likely in 2018, chief executive Stephen Hester said on Thursday after the company...
UK’s RSA Reports 14% Hike in Q1 NWP, Operating Profits Ahead of Plan May 4, 2017 London-listed insurer RSA reported a 14 percent rise in first-quarter net written premiums on Thursday and said operating profits were...
RSA Insurance Disposes of £834M ($1B) of UK Legacy Liabilities with Enstar February 8, 2017 RSA Insurance announced it has signed contracts, to dispose £834 million (US$1.04 billion) of UK employers’ liability legacy business to...
UK Insurers Aviva and RSA Report Higher H1 Profits, Shrug Off Brexit Fallout August 4, 2016 By Sarah Jones Insurers Aviva Plc and RSA Insurance Group Plc shrugged off any fallout from the Brexit referendum by reporting higher first-half...
RSA Turnaround ‘Complete’ with Cost Cuts & Non-Core Disposals on Track: CEO May 5, 2016 By Sarah Jones RSA Insurance Group Plc Chief Executive Officer Stephen Hester says the company, which was the subject of an abandoned 5.6...